The Indirect Costs of Financial Distress in Indonesia

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Wijantini, Wijantini;
  • Publisher: Universitas Gadjah Mada
  • Journal: Gadjah Mada International Journal of Business (issn: 1411-1128, eissn: 2338-7238)
  • Publisher copyright policies & self-archiving
  • Related identifiers: doi: 10.22146/gamaijb.5599
  • Subject: industry factor | indirect cost of financial distress | HF5001-6182 | Business | conflicts of interest | conflicts of interest; indirect cost of financial distress; industry factor
    mesheuropmc: health care economics and organizations

This paper presents quantitative estimates of the indirect cost of financial distress and its determinants. In order to measure the cost, this study estimates the annualized changes in industry-adjusted operation profit and sales from a year before the onset of distress... View more
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