RBA paper asks why companies fail
Researchers find specific features of Australian companies make them more likely to fail
Companies that display certain characteristics are more likely to fail than others, according to a research discussion paper published today (November 24) by the Reserve Bank of Australia (RBA).
Corporate failure is closely linked with financial instability and the business cycle, making it an important phenomenon for macroeconomists to understand, Rose Kenney, Gianni La Cava and David Rodgers write in Why do companies fail?.
The authors break company factors down into cyclical, structural and
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