Predicting viability of small businesses on the edge of failure
Predicting viability of small businesses on the edge of failure Article Date: 2024 (audits 2011–2019) Article URL: https://www.tandfonline.com/doi/full/10.1080/00472778.2024.2435506?af=R Article Image: (none provided) Summary This paper evaluates 520 Dutch viability audits (2011–2019) of small businesses in financial distress and shows that traditional financial ratios lose predictive power once firms are already distressed. By integrating firm dynamics, […]