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Is Financial Distress Cost Important For Determining Firm Performance
The global financial crisis provides the importance in developing model to monitor, identify and asses potential risks that can threat business sustainability. Financial Distress Cost (FDC) seems to be one of early signal about early risk of decreasing of firm performance such as sales growth and stock return. Futhermore it give early signal to firm reducing the loss possibility before…
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Cost of Financial Distress and Firm Performance
The business performance become an important thing to be main goal of firm activities to get the competitive advantage, but it is contrary with the recession may bring a probability of firm’s decreasing and liquidation. The uncertainty of global economy provides the importance in developing model to monitor, identify and asses potential risks which can threat business sustainability. Cost of …
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