Corporate Failures: Declines, Collapses, and Scandals

Rebel  Cole; Sofia Johan; Denis Schweizer

doi:10.1016/j.jcorpfin.2020.101872

Corporate Failures: Declines, Collapses, and Scandals

Rebel Cole, Sofia Johan, Denis Schweizer

Business Management

Research output: Contribution to journal › Article › peer-review

25 Citations (Scopus)

Abstract

Numerous collapses and corporate scandals of large corporations have underscored the impact of corporate conduct on capital markets and society as a whole. These failures have highlighted the need for regulators to rethink regulatory frameworks and enforcement, and for corporations to rework their organizational structures and focus on business ethics. Establishing a clear understanding of the drivers of corporate failure is therefore key. In this paper, we review recent research that extends the debate on the causes and consequence of corporate failures.

Original language	English
Article number	101872
Number of pages	11
Journal	Journal of Corporate Finance
Volume	67
Early online date	5 Jan 2021
DOIs	https://doi.org/10.1016/j.jcorpfin.2020.101872
Publication status	Published - Apr 2021

Bibliographical note

Acknowledgments
We are grateful to the Editors of the Journal of Corporate Finance, Sanjai Bhagat, Konstantinos Stathopoulos, Till Talaulicar, Omrane Guedhami, Florencio Lopez Di Silanes, Siri Terjesen, and the participants of the Special Issue Conference: Corporate Failure: Decline, Collapse and Scandal hosted by Florida Atlantic University, Boca Raton, Florida, USA for helpful comments and suggestions

Keywords

Financial market misconduct
Fraud
Law and finance
Regulation
Trust

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Cite this

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Corporate Failures: Declines, Collapses, and Scandals

Abstract

Bibliographical note

Keywords

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