Corporate Financial Distress : A Study of the Italian Manufacturing Industry. Questo articolo non è disponibile.Corporate Financial Distress : A Study of the Italian Manufacturing Industry

This book explores methods and techniques to predict and eventually prevent financial distress in corporations. It analyzes the effects of the global financial crisis on Italian manufacturing companies and, more specifically, whether the crisis has increased the number of firms that are likely to fail. In the first chapter, the authors widely discuss the Corporate Financial Distress as well as the process and costs incurred. The second chapter is based on a review of the most used statistical models, splitting them into accounting-based and market-based models. The following chapter is dedicated to the methodology and the empirical analysis on Italian manufacturing companies from different industries. The last chapter presents practical evidence from Italian manufacturing companies during the recent financial crisis.

Francesco Paolone holds a degree in Business Administration and Management at Bocconi University in Milan. He is currently a post-doc researcher of Business Administration at Department of Accounting, Management and Economics of Parthenope University in Naples. His research profiles are mainly focused on accounting and financial reporting, earnings management, bankruptcy prediction modelling, corporate governance and business models innovation. Among his experiences of studies abroad, there are several periods at Maastricht University in Netherlands, Georgetown University of Washington DC, Pompeu Fabra University in Barcelona, London School of Business and Finance in London and Aalborg University in Denmark.  He is author of several scientific contributions in important international conferences, journals and books. He is also chartered accountant and auditor.