THE INDIRECT COSTS OF FINANCIAL DISTRESS IN INDONESIA
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 to the resolution year. Using...
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| Format: | Article NonPeerReviewed |
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[Yogyakarta] : Universitas Gadjah Mada
2007
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| Online Access: | https://repository.ugm.ac.id/28367/ http://i-lib.ugm.ac.id/jurnal/download.php?dataId=11430 |
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| Institution: | Universitas Gadjah Mada |