financial distress

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    White Paper on Impact of Financial Distress on External Financing

    Description This paper addresses a so far unexplored area of the difference between market- and bank-based financial systems. It addresses how the ability of non-financial corporations to obtain finance under the recent financial crisis is expected to change and how it actually changed...
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    White Paper on Predicting Bank Financial Distress Prior to Crises

    Description Credit-rating agencies (CRAs) do not always provide timely advice on credit downgrades. CRAs have also been criticised for providing overly optimistic ratings for financial institutions prior to financial crises. Nevertheless, timely and accurate credit ratings are particularly...
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    Study on Effect of Financial Distress on Financial Performance of Commercial Banks

    Description The Kenyan banking sector is one of the fastest rising in the economy today. It plays major roles in the country contributing immensely to the GDP of the country. However, there are also a number of challenges facing the industry. THE EFFECT OF FINANCIAL DISTRESS ON FINANCIAL...
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    Case Study on Decision Making Under Financial Distress: U.S. Manufacturing Industries

    Description Financial distress is a term in corporate finance used to indicate a condition when promises to creditors of a company are broken or honored with difficulty. If financial distress cannot be relieved, it can lead to bankruptcy. Financial distress is usually associated with some costs...
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