¿De qué depende que una empresa entre en bancarrota?
Abstract
This article researches, among the own characteristics of the firm, which factors influence a company to continue operating or enter in bankruptcy process. For a sample of 167 firms that celebrated Reestructuration Agreements for the years 2000 and 2001, and 400 firms that until year 2001 don't have financial problems, the possibility of bankruptcy occurrence, since two years before until the date of the event, was calculated through the Logit Analysis.
The inefficiency on the firm management, the capital structure and the inability of the firm to honor their obligations, have showed impact in bankruptcy probability for thethree years of study. These firms have already exhibited risk signals since two years before enter to Bankruptcy Law, it was something imminent.
