Why Companies Fail? An Analysis of Corporate Failures
Akauntan Nasional: Journal of the Malaysian Institute of Accountants, Vol. 14, No. 8, pp. 5-8, 2001
13 Pages Posted: 2 Nov 2004
This study investigates the characteristics of the Malaysian failed firms, where some important attributes such as the age of the firm, the auditors' reports, the director's reports and selected financial ratios were analysed. The findings suggest no clear patterns for identification of failures, except for the trends in the financial ratios.
Keywords: corporate failure, age of failed firms, auditor report, director report and financial ratios
JEL Classification: M41
Suggested Citation: Suggested Citation