Zombies: Who are they and how do firms become zombies?

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43310%2F22%3A43917946" target="_blank" >RIV/62156489:43310/22:43917946 - isvavai.cz</a>
Alternative codes found
RIV/61384399:31130/22:00054975
Result on the web
<a href="https://doi.org/10.1080/00472778.2019.1696100" target="_blank" >https://doi.org/10.1080/00472778.2019.1696100</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1080/00472778.2019.1696100" target="_blank" >10.1080/00472778.2019.1696100</a>

Result language
angličtina
Original language name
Zombies: Who are they and how do firms become zombies?
Original language description
Inefficient and uncompetitive companies operating in the economy are a significant impediment to sustainable economic growth. This article contributes to the knowledge on so-called zombie firms. Using a Czech sample from 2003 to 2015, this research detected zombie firms and firms with negative equity, and investigated the process of zombie firms' genesis and symptoms appearing in financial management before the company became a zombie. The results show that zombie firms are most often located in metropolitan areas, they are smaller companies, and most likely they are middle-aged companies. Negative development of firm financial performance significantly increases probability to become a zombie firm.
Czech name
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Czech description
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Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50204 - Business and management

Publication year
2022
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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