References

Akao, 2004 Akao, Y. (2004). Hoshin Kanri: Policy deployment for successful TQM. New York, NY: Productivity Press.

Alas and Gao, 2010 Alas, R. , & Gao, J. (2010). The impact of crisis on enterprise life-cycle. In Problems and Perspectives in Management, 8(2), 9–20.

Al-Attar and Hussain, 2004 Al-Attar, A. , & Hussain, S. (2004). Corporate data and future cash flow. Journal of Business Finance & Accounting, 31(78), 861–903.

Alberici, 1975 Alberici, A. (1975). Analisi dei Bilanci e Previsione delle Insolvenze. Milano: ISEDI.

Alkhatib and Al Bzour, 2011 Alkhatib, K. , & Al Bzour, A. E. (2011). Predicting corporate bankruptcy of Jordananian listed companies: Using Altman and Kida Models. International Journal of Business and Management, 6(3), 208–2015.

Allegrini et al., 2012 Allegrini, M. , Tron, A. , Greco, G. , & Fieramosca, S. (2012). Crisi d’impresa, impairment test e flussi finanziari. Andaf Magazine, 2(3), 18–22.

Allegrini, 2010 Allegrini, M. (2010). Lo studio dei flussi di cassa. In A. Danovi , & A. Quagli (Eds.), Crisi aziendali e processi di risanamento. Milano: Ipsoa.

Aloi, 2004 Aloi, F. (2004). Rilancio o ristrutturazione: Quale alternativa in caso di crisi aziendale. Amministrazione & Finanza, 20, 38.

Al-Sulaiti and Almwajeh, 2007 Al-Sulaiti, K. , & Almwajeh, O. (2007). Applying Altman Z-score model of bankruptcy on service organizations and its implications on marketing concepts and strategies. Journal of International Marketing & Marketing Research, 32(2), 59–74.

Altman, 2013 Altman, E. I. (2013). 17 Predicting financial distresses of companies: Revisiting the Z-score and ZATA models1. In A. R. Bell , C. Brooks , & M. Prokopczuk (Eds.), Handbook of research methods and applications in empirical finance (Chap. 17, pp. 428–456). Cheltenham: Edward Elgar Publishing.

Altman and Hotchkiss, 2005 Altman , & Hotchkiss . (2005). Corporate financial distress and bankruptcy: Predict and avoid bankruptcy, analyze and invest in distressed debt. Hoboken, NJ: Wiley.

Altman et al., 1995 Altman, E. I. , Hartzell, J. , & Peck, M. (1995). Emerging markets corporate bonds: A scoring system. New York, NY: Salomon Brother Inc.

Altman et al., 2013 Altman, E. I. , Danovi, A. , & Falini, A. (2013). Z-score model's application to Italian companies subject to extraordinary administration. Journal of Applied Finance (Formerly Financial Practice and Education), 23(1), 128–137.

Altman et al., 2017 Altman, E. I. , Malgorzata, I. D. , Laitinen, E. K. , & Suvas, A. (2017). Financial distress prediction in an international context: A review and empirical analysis of altman's Z-score model. Journal of International Financial Management & Accounting, 28(2), 131–171.

Altman, 1968 Altman, E. I. (1968). Financial rations. Discriminants analysis and the prediction of corporate bankruptcy. The Journal of Finance, 23(4), 589–609.

Altman, 1993 Altman, E. I. (1993). Corporate financial distress and bankruptcy (2nd ed.). New York, NY: Wiley & Sons.

Alvesson and Sveningsson, 2016 Alvesson, M. , & Sveningsson, S. (2016). Changing organizational culture: Cultural change work in progress. New York, NY: Routledge.

Amaduzzi, 1949 Amaduzzi, A. (1949). Conflitto ed equilibrio di interessi nel bilancio dell’impresa. Bari: Cacucci.

Ambrosini et al., 2013 Ambrosini, S. , Andreani, G. , & Tron, A. (2013). Crisi d’impresa e restructuring. Aspetti economico-aziendali, giuridici e fiscali alla luce delle prime applicazioni e interpretazioni delle norme introdotte dalla legge 134/2012. Milano: Il Sole 24 Ore.

Ambrosini, 2013 Ambrosini, S. (2013). Appunti in tema di concordato con continuità. Retrieved from http://www.ilcaso.it/articoli/cri.php?id_cont=371.php

Tron, 2016and Tron, 2016 Ambrosini, S. , & Tron, A. (Eds.). (2016). Piani di ristrutturazione dei debiti e ruolo dell'attestatore. “Principi di attestazione” e riforma del 2015. Bologna: Zanichelli.

Amigoni, 1983 Amigoni, F. (1983). Il controllo di gestione e le crisi d’impresa. In A. A. V. V. (Ed.), Crisi ‘impresa e sistemi di direzione. Milano: Etas Libri.

Anderson and Anderson, 2010 Anderson, D. , & Anderson, L. A. (2010). Beyond change management: How to achieve breakthrough results through conscious change leadership. San Francisco, CA: Pfeiffer.

Anthony et al., 1998 Anthony, R. N. , Govindarajan, V. , Hartmann, F. G. , Kraus, K. , & Nilsson, G. (1998). Management control systems. Boston, MA: Irwin McGraw-Hill.

Argenti, 1976 Argenti, J. (1976). Corporate collapse: The causes and symptoms. New York, NY: McGraw-Hill.

Armenakis and Bedeian, 1999 Armenakis, A. A. , & Bedeian, A. G. (1999). Organizational change: A review of theory and research in the 1990s. Journal of Management, 25(3), 293–315.

Armenakis and Fredenberger, 1997 Armenakis, A. A. , & Fredenberger, W. B. (1997). Organizational change readiness practices of business turnaround change agents. Knowledge and Process Management, 4(3), 143–152.

Asquith et al., 1994 Asquith, P. , Gertner, R. , & Scharfstein, D. (1994). Anatomy of financial distress: An examination of junk-bond issuers. Quarterly Journal of Economics, 109(3), 625–658.

Balcaen and Ooghe, 2006 Balcaen, S. , & Ooghe, H. (2006). 35 years of studies on business failure: An overview of the classical statistical methodologies and their related problems. British Account Review, 38, 63–93.

Barker and Duhalme, 1997 Barker, V. L. , & Duhalme, I. M. (1997). Strategic change in the turnaround process: Theory and empirical evidence. Strategic Management Journal, 18(1), 13–38.

Bastia et al., 2011 Bastia, P. , Ferro, M. , & Nonno, G. M. (2011). L'accertamento del passivo. Milan: Ipsoa.

Bastia, 1996 Bastia, P. (1996). Pianificazione e controllo dei risanamenti aziendali. Turin: Giappichelli.

Bate, 1994 Bate, S. P. (1994). Strategies for cultural change. Oxford: Butterworth-Heinemann.

Baysinger and Butler, 1985 Baysinger, B. D. , & Butler, H. N. (1985). Corporate governance and the board of directors: Performance effects of changes in board composition. Journal of Law, Economics, and Organization, 1, 101–124.

Beaver and Engel, 1996 Beaver, W. H. , & Engel, E. E. (1996). Discretionary behavior with respect to allowances for loan losses and the behavior of security prices. Journal of Accounting and Economics, 22, 177–206.

Beaver, 1966 Beaver, H. W. (1966). Financial ratios as predictors of failure. Journal of Accounting Research, 4, 71–102.

Belcredi, 1995 Belcredi, M. (1995). Crisi d'impresa e ristrutturazione finanziaria. Milan: Via e Pensiero Ed.

Bellovary et al., 2007 Bellovary, J. L. , Giacomino, D. E. , & Akers, M. D. (2007). A review of bankruptcy prediction studies: 1930 to present. Journal of Financial Education, 33(Winter), 262–298.

Benoit, 1995 Benoit, W. L. (1995). Apologies, excuses, and accounts: A theory of image restoration strategies. Albany, NY: State University of New York Press.

Benoit, 2000 Benoit, W. L. (2000). Image repair discourse and crisis communication. Public Relations Review, 23, 177–187.

Bertoli, 2000 Bertoli, G. (2000). Crisi d'impresa, ristrutturazione e ritorno al valore. Milan: Egea Ed.

Bianchi Martini, 2009 Bianchi Martini, S. (2009). Introduzione all’analisi strategica dell’azienda. Turin: Giappichelli.

Bianchi, 1972 Bianchi, T. (1972). I fidi bancari. Torino: Utet.

Billings et al., 1980 Billings, R. S. , Milburn, T. W. , & Schaalman, M. L. (1980). A model of crisis perception: A theoretical and empirical analysis. Administrative Science Quarterly, 25, 300–316.

Blyth et al., 1986 Blyth, M. L. , Friskey, E. A. , & Rappaport, A. (1986). Implementing the shareholder value approach. Journal of Business Strategy, 6(3), 48–58.

Boeri, 1985 Boeri, A. (1985). Meccanismi di crisi e processi di risanamento nel sistema industriale italiano. Finanza, Marketing e Produzione Egea, (4), p. 117.

Boeri, 1987 Boeri, A. (1987). La ristrutturazione industriale dall’esperienza della crisi alla cultura del cambiamento. Finanza, Marketing e Produzione, Egea, (3), p. 151.

Boggio, 2007 Boggio, L. (2007). Gli accordi di salvataggio delle imprese. Ricostruzione di una disciplina. Milan: Giuffrè Ed.

Borden et al., 2016 Borden, K. , Hensley, R. , & Hertzke, P. (2016). Gauging internal efficiency and effectiveness leading and lagging indicators, in development excellence: The engine to drive product success. New York, NY: McKinsey & Co.

Bose, 2006 Bose, J. (2006). Deciding the financial health of dot-coms using rough sets. Inform Manage, 43, 835–846.

Bottani et al., 2004 Bottani, P. , Cipriani, L. , & Serao, F. (2004). Il modello di analisi Z-Score applicato alle PMI. Amministrazione & Finanza, 19(1), 50–53.

Bourguignon et al., 2004 Bourguignon, A. , Malleret, V. , & Nørreklit, H. (2004). The American balanced scorecard versus the French tableau de bord: The ideological dimension. Management Accounting Research, 15(2), 107–134.

Bradley, 1978 Bradley, G. W. (1978). Self-serving biases in the attribution process: A reexamination of the fact or fiction question. Journal of Personality and Social Psychology, 36(1), 56–71.

Brealey et al., 2003 Brealey, S. , Meyrs, R. A. , & Sandri, S. (2003). Principi di Finanza aziendale (4th ed.). Milan: McGraw-Hill Education.

Brugger, 1982 Brugger, G. (1982). Le decisioni finanziarie. In G. Pivato (Ed.), Trattato di finanza aziendale. Milan: FrancoAngeli.

Brugger, 1984 Brugger, G. (1984). Gli interventi professionali nelle situazioni di crisi. Finanza, Marketing e Produzione, p. 2.

Brunetti et al., 1990 Brunetti, G. , Coda, V. , & Favotto, F. (1990). Analisi, previsioni, simulazioni economico-finanziarie d'impresa. Milano: Etas.

Burns and Bruner, 2000 Burns, J. P. , & Bruner, M. S. (2000). Revisiting the theory of image restoration strategies. Communication Quarterly, 48(1), 27–39.

Burton et al., 2006 Burton, R. M. , Eriksen, B. , Håkonsson, D. D. , & Snow, C. C. (Eds.). (2006). Organization design: The evolving state-of-the-art. New York, NY: Springer Science + Business Media.

Burton et al., 2011 Burton, R. M. , Obel, B. , & DeSanctis, G. (2011). Organizational design: A step-by-step approach. New York, NY: Cambridge University Press.

Butera, 2009 Butera, F. (2009). Il cambiamento organizzativo. Analisi e progettazione. Bari: Laterza.

Cafferata, 2009 Cafferata, R. (2009). Management in Adattamento. Tra Razionalità Economica e Imperfezione dei Sistemi. Bologna: Il Mulino.

Canziani, 1986 Canziani, A. (1986). Le circostanze di crisi nelle recenti esperienze industriali italiane. In A. A. V. V. (Ed.), Crisi di impresa e amministrazione controllata. Milan: Giuffrè.

Capaldo, 1967 Capaldo, P. (1967). Capitale proprio e capitale di credito nel finanziamento d’impresa. Milan: Giuffrè.

Capaldo, 1968 Capaldo, P. (1968). L’autofinanziamento nell’economia dell’impresa. Milan: Giuffrè.

Capaldo, 1977 Capaldo, P. (1977). Crisi d’impresa e suo risanamento. Banche e Banchieri, p. 5.

Caputo and Tron, 2016 Caputo, A. , & Tron, A. (2016). The attestation of corporate turnaround plans in Italy: Operating problems and possible solutions. International Journal of Critical Accounting, 8(1), 30–44.

Caramiello, 1968 Caramiello, C. (1968). L’azienda nella fase terminale. Pisa: Cursi.

Caramiello, 1989 Caramiello, C. (1989). L'azienda. Operazioni di gestione e “dinamica dei valori”. Milan: Giuffrè.

Carroll and Hatakenaka, 2001 Carroll, J. S. , & Hatakenaka, S. (2001). Driving organizational change in the midst of crisis. MIT Sloan Management Review, 42(3), 70–79.

Castellano and Pajardi, 2010 Castellano, N. , & Pajardi, P. (2010). Pianificare il risanamento. In A. Danovi , & A. Quagli (Eds.), Gestione della crisi aziendale e dei processi di risanamento. Milan: Ipsoa.

Cavalieri and Ferraris-Franceschi, 2005 Cavalieri, E. , & Ferraris-Franceschi, R. (2005). Economia aziendale (quarta edizione) (Vol. I, pp. 304–306). Turin: Giappichelli.

Cavalieri and Ferraris Franceschi, 2010 Cavalieri, E. , & Ferraris Franceschi, R. (2010). Economia Aziendale. Attività aziendale e processi produttivi (Vol. 1). Turin: Giappichelli Ed.

Cazdyn, 2007 Cazdyn, E. (2007). Disaster, crisis, revolution. South Atlantic Quarterly, 106(4), 647–662.

Celli, 2015 Celli, M. (2015). Can Z-score model predict listed companies' failures in Italy? An empirical test. International Journal of Business and Management, 10(3), 57. ISSN 1833–3850.

Cerica, 2010 Cerica, R. (2010). Cultura organizzativa e performance economico-finanziarie. Florence: Firenze University Press.

Cestari et al., 2013 Cestari, G. , Risaliti, G. , & Pierotti, M. (2013). Global financial crisis and accounting rules: The implications of the new ED ‘Financial instruments: Expected credit losses’ on the evaluation of banking company loans. Journal in Modern Accounting and Auditing, 9(9), 1141–1162.

Chandler, 1962 Chandler, A. D. (1962). Strategy and structure. Chapters in the history of the American industrial enterprise. Cambridge: MIT Press, Massachusetts Institute of Technology.

Charalambous et al., 2000 Charalambous, C. , Charitou, A. , & Kaourou, F. (2000). Comparative analysis of artificial neural network models: Application in bankruptcy prediction. Annals of Operations Research, 99(1–4), 403–425.

Charitou et al., 2004 Charitou, A. , Neophytou, E. , & Charalambous, C. (2004). Predicting corporate failure: Empirical evidence for the UK. European Accounting Review, 13(3), 465–497.

Chemmanur and Fulghieri, 1994 Chemmanur, T. J. , & Fulghieri, P. (1994, March). Investment bank reputation, information production, and financial intermediation. The Journal of Finance, 49(1), 57–79.

Chen et al., 2005 Chen, M. -C. , Cheng, S. -J. , & Hwang, Y. (2005). An empirical investigation of the relationship between intellectual capital and firms' market value and financial performance. Journal of Intellectual Capital, 6(2), 159–176.

Chenall, 2003 Chenall, R. H. (2003). Management control systems design within its organizational context: Findings from contingency-based research and directions for the future, accounting. Organizations and Society, 28, 127–168.

Child, 2005 Child, J. (2005). Organization: Contemporary principles and practice. Chichester: John Wiley & Sons.

Chong, 2012 Chong, K. W. (2012). Prediction of operating cash flows using accrual-based and cash-based accounting information among Malaysian industrial corporations . DBA thesis, Southern Cross University, Lismore, NSW.

Christensen and Li, 2014 Christensen, I. , & Li, F. (2014). Predicting financial stress events: A signal extraction approach . Bank of Canada Working Paper, No. 37.

Coats and Fant, 1993 Coats, P. K. , & Fant, L. F. (1993). Recognizing financial distress patterns using a neural network tool. Financial Management, 22(3), 142–152.

CNDCEC, 2017 CNDCEC . (2017). Principi per la redazione dei piani di risanamento. Retrieved from www.https://commercialisti.it/documents/20182/323701/Principi+Redazione+Piani+Risanamento_180212+3.0-2+NO+REV-2.pdf

Consiglio Nazionale Dottori Commercialisti e Esperti Contabili (CNDCEC), 2015 Consiglio Nazionale Dottori Commercialisti e Esperti Contabili (CNDCEC) . (2015). Informativa e valutazione nella crisi d’impresa. Retrieved from www.cndcec.it

Coombs, 1999 Coombs, W. T. (1999). Ongoing crisis communication: Planning, managing, and responding. Thousand Oaks, CA: SAGE Publications.

Coombs, 2004 Coombs, W. T. (2004). Impact of past crises on current crisis communications: Insights from situational crisis communication theory. Journal of Business Communication, 41, 265–289.

Dallocchio, 2014 Dallocchio, M. (2014). Crisi e ristrutturazione: dai segnali deboli alla prevenzione e cura. Research made by Bocconi University, E&Y, Risanamento SpA.

Dallocchio and Salvi, 2011 Dallocchio, M. , & Salvi, A. (2011). Finanza d’azienda (Vol. 1). Milan: Egea.

Danovi and Quagli, 2010 Danovi, A. , & Quagli, A. (Eds.). (2010). Crisi aziendali e processi di risanamento. Milan: Ipsoa.

Danovi and Quagli, 2015 Danovi, A. , & Quagli, A. (2015). Gestione della crisi aziendale e dei processi di risanamento. Milan: Ipsoa.

Danovi, 2003 Danovi, A. (2003). Crisi d’impresa e risanamento finanziario nel sistema italiano. Milan: Giuffrè.

Danovi, 2014 Danovi, A. (2014). Procedure concorsuali per il risanamento d’impresa. Milan: Giuffrè.

Danovi and Panizza, 2017 Danovi, A. , & Panizza, A. (2017). Piani di Risanamento. Milano: Wolters Kluwer Italia.

Danovi et al., 2016 Danovi, A. , Conca, V. , & Riva, L. (2016). Gli accordi di ristrutturazione dei debiti ex art. 182 bis della legge fallimentare. Un'analisi empirica. Economia & Management, (4), 73–87.

Dechow et al., 1998 Dechow, P. M. , Kothari, S. P. , & Watts, R. L. (1998). The relation between earnings and cash flows. Journal of Accounting and Economics, 25(2), 133–168.

Dematté , 1979 Dematté, C. (1979). Le politiche di risanamento finanziario delle imprese. Sviluppo e Organizzazione, p. 53.

Devlin, 2006 Devlin, E. S. (2006). Crisis management planning and execution (1st ed.). Boca Raton, FL: Auerbach Publications.

Di Marzio, 2010 Di Marzio, F. (2010). La crisi d’impresa, Questioni controverse del nuovo diritto fallimentare. Milan: Ipsoa.

Diefenbach, 2007 Diefenbach, T. (2007). The managerialistic ideology of organisational change management. Journal of Organizational Change Management, 20(1), 126–144.

Donaldson and Preston, 1995 Donaldson, T. , & Preston, L. E. (1995). The stakeholder theory of the corporation: Concepts, evidence, and implications. Academy of Management Review, 20(1), 65–91.

Doumpos and Zoupounidis, 1999 Doumpos, M. , & Zoupounidis, C. (1999). A multicriteria discrimination method for the prediction of financial distress: The case of Greece. Multinational Finance Journal, 3(2), 71–101.

Druker, 1995 Druker, P. F. (1995). The information executives truly need. Harvard Business Review, Retrieved from https://hbr.org/1995/01/the-information-executives-truly-need.

Epstein and Manzoni, 1997 Epstein, M. , & Manzoni, J. F. (1997). The balanced scorecard and tableau de bord: Translating strategy into action. Management Accounting, 79(2), 28–36.

Epstein and Manzoni, 1998 Epstein, M. , & Manzoni, J. F. (1998). Implementing corporate strategy: From Tableaux de Bord to balanced scorecards. European Management Journal, 16(2), 190–203.

Falini, 2011 Falini, A. (2011). La crisi d’impresa e le sue cause: Un modello interpretativo. Università degli Studi di Brescia, Dipartimento di Economia Aziendale, p. 125.

Farshadfar et al., 2008 Farshadfar, S. , Ng, C. , & Brimble, M. (2008). The relative ability of earnings and cash flow data in forecasting future cash flows. Pacific Accounting Review, 20(3), 251–268.

Ferrero, 1982 Ferrero, G. (1982). Finanza aziendale. Milano: Giuffrè.

Ferri et al., 2020 Ferri, S. , Tron, A. , Fiume, R. , & Della Corte, G. (2020). The relationship between cash flows and economic performance in the digital age: An empirical analysis. Corporate Ownership and Control, 17(3), 84–91.

Ferri, 1992 Ferri, M. A. (1992). Complementi di Corso di tecnica industriale. In AA.VV. (Eds.) Rome: Kappa Editore.

Ferri, 2006 Ferri, S. (2006). Le risorse immateriali nei processi aziendali di creazione del valore. Torino: Giappichelli.

Finger, 1994 Finger, C. A. (1994). The ability of earnings to predict future earnings and cash flow. Journal of Accounting Research, 32(2), 210–223.

Fink, 1986 Fink, S. (1986). Crisis management: Planning for the inevitable New York, NY: American Management Associates. Amacom.

Firer and Williams, 2003 Firer, S. , & Williams, S. M. (2003). Intellectual capital and traditional measures of corporate Performance. Journal of Intellectual Capital, 4(3), 348–360.

Foglio, 2011 Foglio, A. (2011). Change management come strategia d’impresa. Governare futuro e cambiamenti e tramutarli in opportunità. Milan: Angeli.

Fogolin and Tavaglini, 2001 Fogolin, P. , & Tavaglini, G. (2001). Sistemi di pianificazione finanziaria: La ricerca di un equilibrio alle “tensioni finanziarie”. Amministrazione e Finanza Oro, 12(4), 11–48. Ipsoa.

Ford and Ford, 1995 Ford, J. D. , & Ford, L. W. (1995). The role of conversations in producing intentional change in organizations. Academy of Management Review, 20(3), 541–570.

Foster, 1986 Foster, G. (1986). Financial statement analysis (2nd ed.). New York, NY: Prentice-Hall.

Franceschi and Tedeschi, 2014 Franceschi, L. F. , & Tedeschi, G. (2014). Crisi d'impresa e ristrutturazione del debito. Milan: Vita e Pensiero Editore.

Franceschini et al., 2007 Franceschini, F. , Galetto, M. , & Maisano, D. (2007). Management by measurement: Designing key indicators and performance measurement systems. Berlin: Springer.

Freeman, 1984 Freeman, R. E. (1984). Strategic management: A stakeholder approach. Journal of Management Studies, 29(2), 131–154.

Frey, 2005 Frey, M. (2005). Economia e gestione dell’innovazione aziendale. Flessibilità, interazione e integrazione nei processi innovativi (pp. 29–58). Padova: Cedam.

Fruhan, 1979 Fruhan, W. E. (1979). Financial strategy: Studies in the creation, transfer and destruction of shareholder value. Homewood, AL: Irwin.

Galeotti, 2008 Galeotti, M. (2008). La finanza nel governo dell'azienda. Milan: Apogeo Education.

Galeotti et al., 2016 Galeotti, M. , Garzella, S. , Fiorentino, R. , & Della Corte, G. (2016). The strategic intelligence implications for information systems. Management Control, 1, 105–123.

Gcaza and Urban, 2015 Gcaza, W. , & Urban, B. (2015). Beyond the crisis: Corporate entrepreneurship in the South African mining industry. Journal of Contemporary Management, 12(1), 20–39.

Giacosa and Mazzoleni, 2011 Giacosa, E. , & Mazzoleni, A. (2011). Survival and recovery planning of crisis in firm: The recent Italian experience. Estonian Business Review (EKK TOIMETISED), 28, 7–21.

Giacosa and Mazzoleni, 2012 Giacosa, E. , & Mazzoleni, A. (2012). Il progetto di risanamento dell’impresa in crisi: La recente esperienza italiana. Rirea, Paper n. 116.

Giacosa and Mazzoleni, 2012 Giacosa, E. , & Mazzoleni, A. (2012). Il progetto di risanamento dell’impresa in crisi. Turin: Giappichelli.

Giacosa et al., 2015 Giacosa, E. , Mazzoleni, A. , Teodori, C. , & Veneziani, M. (2015). Insolvency prediction in companies: An empirical study in Italy. Corporate Ownership and Control, 12(4), 232–250.

Giacosa et al., 2016 Giacosa, E. , Halili, E. , Mazzoleni, A. , Teodori, C. , & Veneziani, M. (2016). Re-estimation of company insolvency prediction models: Survey on Italian manufacturing companies. Corporate Ownership and Control, 14(1), 159–174.

Giacosa, 2016 Giacosa, E. (2016). Il fenomeno della crisi aziendale. Un modello di percezione del fenomeno della crisi aziendale nel sistema impresa. Milan: FrancoAngeli.

Giannessi, 1982 Giannessi, E. (1982). L’equazione del fabbisogno di finanziamento nelle aziende di produzione e le possibili vie della sua soluzione. Milan: Giuffrè.

Giovannini, 1983 Giovannini, P. (1983). Equilibrio e tecnica del fido della banca. Turin: Utet.

Giuliano and Di Gravio, 2005 Giuliano, M. , & Di Gravio, D. (2005). La riforma del diritto concorsuale nel panorama giuridico economico italiano. Diritto e Pratica delle Società, 13, Il Sole 24 Ore, Milan (IT).

Golinelli, 2000 Golinelli, G. (2000). L’approccio sistemico al governo dell’impresa. L’impresa sistema vitale. Padua: Cedam.

Gonzá lez-Herrero and Smith, 2008 González-Herrero, A. , & Smith, S. (2008). Crisis communications management on the web: How internet-based technologies are changing the way public relations professionals handle business crises. Journal of Contingencies and Crisis Management, 16(3), 143–153.

Gonzalez-Herrero and Smith, 2010 Gonzalez-Herrero, A. , & Smith, S. (2010). Crisis communications management 2.0: Organizational principles to manage crisis in an online world. Organization Development Journal, 28(1), 97–105.

Graetz et al., 2006 Graetz, F. , Rimmer, M. , Lawrence, A. , & Smith, A. (2006). Managing organisational change. Malden, MA: John Wiley & Sons.

Grant, 2010 Grant, R. M. (2010). Contemporary strategy analysis (7th ed.). Hoboken, NJ: John Wiley & Sons.

Greiner, 1967 Greiner, L. E. (1967). Patterns of organization change. Harward Business Review. May. Retrieved from https://hbr.org/1967/05/patterns-of-organization-change

Grice and Dugan, 2001 Grice, J. S. , & Dugan, M. (2001). The limitations of bankruptcy prediction models: Some cautions for the researcher. Review of Quantitative Finance and Accounting, 17, 151–166.

Grice and Ingram, 2001 Grice, J. S. , & Ingram, R. W. (2001). Tests of the generalizability of Altman's bankruptcy prediction model. Journal of Business Research, 54(1), 53–61.

Gros-Pietro, 1976 Gros-Pietro, G. M. (1976). Competitività, occupazione e riconversione nell’industria italiana. Economia e Politica Industriale, p. 1.

Guatri, 1986 Guatri, L. (1986). Crisi e risanamento delle imprese. Milan: Giuffrè.

Guatri, 1991 Guatri, L. (1991). La teoria di creazione del valore. Una via Europea. Milan: Egea.

Guatri, 1995 Guatri, L. (1995). Turnaround. Declino, crisi e ritorno al valore. Milan: Egea.

Gujarati, 2004 Gujarati, D. N. (2004). Basic econometrics (4th Ed.). New York, NY: McGraw-Hill Companies.

Gundel, 2005 Gundel, S. (2005). Towards a new typology of crises. Journal of Contingencies and Crisis Management, 13(3), 106–115.

Habib, 2010 Habib, A. (2010). Prediction of operating cash flows: Further evidence from Australia. Australian Accounting Review, 2(2), 134–143.

Hearit, 1995 Hearit, K. M. (1995). Mistakes were made: Organizations, apologia, and crises of social legitimacy. Communication Studies, 46, 1–17.

Hearit, 2006 Hearit, K. M. (2006). Crisis management by apology: Corporate response to allegations of wrongdoing. Mahwah, NJ: Lawrence Erlbaum.

Hino, 2006 Hino, S. (2006). Inside the mind of toyota: Management principles for enduring growth. New York, NY: Productivity Press.

Holmgren and Johansson, 2015 Holmgren, F. , & Johansson, K. R. (2015). Crisis Management: The nature of management crises. JIBS, Business Administration, Jonkoping University.

Jaques, 2009 Jaques, T. (2009). Issue management as a post-crisis discipline: Identifying and responding to issue impacts beyond the crisis. Journal of Public Affairs, 9(1), 35–44.

Javedan and Largani, 2014 Javedan, F. A. , & Largani, S. M. (2014). The effect of cash-flow component (core and non-core) on predicting future cash flow. Bulletin of Applied and Research Science, 4, 2.

Kadarova et al., 2015 Kadarova, J. , Markovic, J. , & Mihok, J. (2015). Corporate management in the conditions of crisis. Gliwice: Panova.

Kadarova, 2010 Kadarova, J. (2010). Contemporary business crisis. In Annals of Faculty Engineering Hunedoara – International Journal of Engineering, 3(8), 65–67.

Kahl, 2002a Kahl, M. (2002a). Economics distress, financial distress and dynamic liquidation. The Journal of Finance, 57, 3–21.

Kahl, 2002b Kahl, M. (2002b). Economic distress, financial distress, and dynamic liquidation. The Journal of Finance, 57(1), 135–168.

Kanter et al., 1992 Kanter, R. M. , Stein, B. , & Jick, T. D. (1992). The challenge of organizational change: How companies experience it and leaders guide it. New York: Free Press.

Kaplan and Norton, 1996 Kaplan, R. S. , & Norton, D. P. (1996). The balanced scorecard: Translating strategy into action. Boston, MA: Harvard Business School Press.

Kaplan and Norton, 2001 Kaplan, R. S. , & Norton, D. P. (2001). Transforming the balanced scorecard from performance measurement to strategic management: Part I. Accounting Horizons, 15(1), 87–104.

Keasey and Watson, 1987 Keasey, K. , & Watson, R. (1987). Non-financial symptoms and the prediction of small company failure: A test of Argenti's hypotheses. Journal of Business Finance and Accounting, 14(3), 335–354.

Kennedy, 1985 Kennedy, P. (1985). A guide to econometrics (2nd ed.). Cambridge, MA: The MIT Press.

Kim and Kross, 2005 Kim, M. , & Kross, W. (2005). The ability of earnings to predict FOCF has been increasing – not decreasing. Journal of Accounting Research, 43(5), 753–780.

King, 2006 King, M. (2006). Speech at a dinner hosted by Scottish financial enterprise and Edinburgh chamber of commerce. 12 June, Google Scholar

Kovacova and Kliestikova, 2017 Kovacova, M. , & Kliestikova, J. (2017). Modelling bankruptcy prediction models in Slovak companies. ShS Web of Conferences, 39, 01013.

Kumar and Ravi, 2007 Kumar, P. , & Ravi, V. (2007). Bankruptcy prediction in banks and firms via statistical and intelligent techniques – a review. European Journal of Operational Research, 180(1), 1–28.

La Porta et al., 1998 La Porta, R. , Lopez-de-Silanes, F. , Shiefer, A. , & Vishny, R. W. (1998). Law and finance. Journal of Political Economy, 16, 1113–1155.

Lacchini, 1998 Lacchini, M. (1998). La valutazione del capitale nelle procedure concorsuali. Padova: Cedam.

Lagadec, 1991a Lagadec, P. (1991a). La gestion des crises: outils de decision a l’usage des decideurs. Paris: McGraw-Hill.

Lagadec, 1991b Lagadec, P. (1991b). Preventing chaos in a crisis: Strategies for prevention, control and damage limitation. London: McGraw-Hill.

Larsen, 2012 Larsen, K. (2012). Working with lag information, in business analytics for sale and marketing managers; how to compete in the information age. Hoboken, NJ: Wiley Ed.

Laufer and Coombs, 2006 Laufer, D. , & Coombs, W. T. (2006). How should a company respond to a product harm crisis? The role of corporate reputation and consumer-based cues. Business Horizons, 49(5), 379–385.

Lenahan, 2011 Lenahan, T. (2011). Turnaround, shutdown and outage management: Effective planning and step-by-step execution of planned maintenance operations. Oxford: Buttersworth-Heinemann.

Lerbinger, 1997 Lerbinger, O. (1997). The crisis manager: Facing risk and responsibility. Mahwah, NJ: Lawrence Eribaum Associates.

Lewis, 2006 Lewis, G. (2006). Organizational crisis management: The human factor. Boca Raton, FL: Taylor & Francis.

Lin, 2009 Lin, T.-H. (2009). A cross model study of corporate financial distress prediction in Taiwan: Multiple discriminant analysis, logit, probit and neural networks models. Neurocomputing, 72, 3507–3516.

Madonna and Cestari, 2016 Madonna, S. , & Cestari, G. (2016). The accuracy of bankruptcy prediction models: A comparative analysis of multivariate discriminant models in the Italian context. In Il governo aziendale tra tradizione e innovazione. Milan: FrancoAngeli.

Mancini et al., 2013 Mancini, D. , Vaasen, E. H. , & Dameri, R. P. (2013). Accounting information Systems for decision making. Berlin: Springer.

Marchi, 1993 Marchi, L. (1993). I sistemi informativi gestionali. Milan: Giuffrè.

McDonald et al., 2010 McDonald, L. M. , Sparks, B. , & Glendon, A. I. (2010). Stakeholder reactions to company crisis communication and causes. Public Relations Review, 36(3), 263–271.

Merchant and Van Der Stede, 2007 Merchant, K. A. , & Van Der Stede, W. A. (2007). Management control systems: Performance measurement, evaluation and incentives. Harlow: Pearson Education.

Modigliani, 1999 Modigliani, F. , (1999). Avventure di un economista. La mia vita, le lmie idee, la nostra epoca. Bari: Laterza Ed.

Modigliani and Miller, 1958 Modigliani, F. , & Miller, M. H. (1958). The cost of capital, corporation finance and the theory of investment. The American Economic Review, 48(3), 261–297.

Monti and Messina, 1996 Monti, E. , & Messina, C. (1996). La finanza per l'impresa. Turin: Utet.

Morgan et al., 2008 Morgan, M. , Levitt, J. , & Malek, W. (2008). Executing your strategy - how to break it down and get it done. Boston, MA: Harvard Business School Press.

Onida, 1960 Onida, P. (1960). Economia d’azienda. Torino: Utet.

Onida, 1971 Onida, P. (1971). Economia d'impresa. Turin: Utet.

Onida, 1984 Onida, P. (1984). Economia d’azienda. Torino: Utet.

Opler and Titman, 1994 Opler, T. C. , & Titman, S. (1994). Financial distress and corporate performance. The Journal of Finance, XLIX(3), 1015–1039.

Outecheva, 2007 Outecheva, N. (2007). Corporate financial distress: An empirical analysis of distress risk . Dissertation of the University of St Gallen, Graduate School of Business Administration, Economics, Law and Social Science, Zurich.

Paletta and Alimehemeti, 2016 Paletta, A. , & Alimehemeti, G. (2016). SOX Disclosure and the effect of internal controls on executive compensation. Journal of Accounting: Auditing & Finance, 33(2), 277–295.

Paletta et al., 2016 Paletta, A. , Alimehemeti, G. , Tron, A. (2016). Business administrative systems and bankruptcy financial distress. In L. Marchi , R. Lombardi , & L. Anselmi (Eds.), Il governo aziendale tra tradizione e innovazione (Vol. VI, pp. 76–90). Milan: FrancoAngeli.

Paletta, 2008 Paletta, A. (2008). Il controllo interno nella corporate governance. Bologna: Il Mulino.

Paolini, 1998 Paolini, A. (1998). Le condizioni di equilibrio aziendale. In L. Marchi (Ed.), Introduzione all’economia aziendale. Turin: Giappichelli.

Parmenter, 2015 Parmenter, D. (2015). Key performance indicators: Developing, implementing, and using winning KPIs. Hoboken, NJ: John Wiley & Sons.

Paton and McCalman, 2008 Paton, P. R. A. , & McCalman, J. (2008). Change management: A guide to effective implementation. Thousand Oaks, CA: SAGE Publications.

Pavarani, 2006 Pavarani, E. (2006). L’equilibrio finanziario. Milan: McGraw-Hill.

Pearson and Clair, 1998 Pearson, C. M. , & Clair, J. A. (1998). Reframing crisis management. Academy of Management Review, 23(1), 59–76.

Peel et al., 1986 Peel, M. , Peel, D. , & Pope, P. (1986). Predicting corporate failure - some results for the UK corporate sector. Omega, 14(1), 5–12.

Pivato, 1982 Pivato, G. (1982). Trattato di finanza aziendale. Milan: FrancoAngeli.

Podestà , 1984 Podestà, S. (1984). Le crisi d’impresa in italia: Efficacia e limiti delle forme di intervento adottate. Finanza, Marketing e Produzione, p. 1.

Pollifroni et al., 2014 Pollifroni, M. , Militaru, G. , & Socaciu, T. (2014). Economic crises and the counter-cyclical profile of non-profit organizations: Some empirical evidences from the Italian context. In Economics, Management and Financial Markets, 9(4), 303.

Pollifroni, 2012 Pollifroni, M. (2012). Lineamenti di etica aziendale. Turin: Giappichelli.

Pollio, 2009 Pollio, M. (2009). Gli accordi per gestire la crisi di impresa e la predisposizione del piano stragiudiziale di risanamento . Verona, Euroconference, 2009 (IT).

Porter, 1992 Porter, M. E. (1992). Capital choices: Changing the way America invests in industry. Journal of Applied Corporate Finance, 5(2), 4–16.

Pozzoli and Paolone, 2017 Pozzoli, M. , & Paolone, F. (2017). Corporate financial distress. Springer Nature Switzerland AG.

Predinola et al., 2007 Predinola, M. M. (2007). La ristrutturazione del debito dell'impresa secondo la novella dell'art. 182bis L.F., p. 73. Rome: Rirea.

Prodi and Gobbo, 1980 Prodi, R. , & Gobbo, F. (1980). Per una ristrutturazione e riconversione dell’industria italiana. Bologna: Il Mulino.

Prosperi, 2003 Prosperi, S . (2003). Il governo economico della crisi aziendale. Milan: Giuffrè.

Quagli, 2011 Quagli, A. (2011). Verifiche di attendibilità dei piani di risanamento. Amministrazione & Finanza, 2, 47–60.

Rashid et al., 2004 Rashid, Z. A. , Sambasivan, M. , & Rahman, A. A. (2004). The influence of organizational culture on attitudes toward organizational change. The Leadership & Organization Development Journal, 25(2), 161–179.

Ravisankar et al., 2010 Ravisankar, P. , Ravi, V. , & Bose, I. (2010). Failure prediction of dotcom companies using neural network-genetic programming hybrids. Information Sciences, 180(8), 1257–1267.

Regester and Larkin, 2005 Regester, M. , & Larkin, J. (2005). Risk issues and crisis management. London: Kogan Page.

Reilly, 1993 Reilly, A. H. (1993). Preparing for the worst: The process of effective crisis management. Industrial Environmental Crisis Quarterly, 7(2), 115–143.

Reina, 2003 Reina, R. (2003). Gestione del personale e cambiamento organizzativo nell’amministrazione pubblica. Soveria Mannelli: Rubbettino.

Riparbelli, 1950 Riparbelli, A. (1950). Il contributo della Ragioneria all’analisi dei dissesti aziendali. Florence: Vallecchi.

Ross et al., 2010 Ross, S. A. , Wesrtefield, R. W. , & Jaffe, J. F. (2010). Corporate finance (9th ed.). New York, NY: McGraw-Hill/Irwin.

Rossi, 2003 Rossi, R. (2003). Insolvenza, crisi di impresa e risanamento. Milan: Giuffrè.

Rowland and Jerome, 2004 Rowland, R. C. , & Jerome, A. M. (2004). On organizational apologia: A reconceptualization. Communication Theory, 14(3), 191–211.

Ruff and Aziz, 2003 Ruff, P. , & Aziz, K. (2003). Managing communications in a crisis. Burlington, VT: Gower Publishing.

Schneider et al., 1996 Schneider, B. , Brief, A. P. , & Guzzo, R. A. (1996). Creating a climate and culture for sustainable organizational change. Organizational Dynamics, 24(4), 7–19.

Sciarelli, 1995 Sciarelli, S. (1995). La crisi d’impresa. Il percorso gestionale di risanamento nelle PMI. Padua: Cedam.

Senbet and Seward, 1995 Senbet, L. , & Seward, J. (1995). Financial distress, bankruptcy and reorganization. Handbooks in operations research and management science, 9(C), 921–961. Retrieved from https://experts.syr.edu/en/publications/financial-distress-bankruptcy-and-reorganization.

Seymour and Moore, 2000 Seymour, M. , & Moore, S. (2000). Effective crisis management: Worldwide principles and practice. London: Cassell & Co.

Sheppard and Chowdhury, 2005 Sheppard, J. P. , & Chowdhury, S. D. (2005). Riding the wrong wave: Organizational failure as a failed turnaround. Long Range Planning, 38, 239–260.

Shiu, 2006 Shiu, H. J. (2006). The application of the value added intellectual coefficient to measure corporate performance: Evidence from technological firms. International Journal of Management, 23(2), 356–365.

Shrivastava, 1992 Shrivastava, P. (1992). Bhopal: Anatomy of a crisis. New York, NY: Ballinger.

Sirleo, 2009 Sirleo, G. (2009). La crisi di impresa e i piani di risanamento. Roma: Aracne Editore.

Slatter and Lovett, 1999 Slatter, S. , & Lovett, D. (1999). Corporate turnaround. London: Penguin.

Slatter and Lovette, 1999 Slatter, S. , & Lovette, D. (1999). Corporate recovery: Managing companies in distress. Washington, DC: Beard Books Inc.

Slatter, 1984 Slatter, S. (1984). Corporate recovery: Successful turnaround strategies and their implementation. London: Penguin Books.

Sloan, 1964 Sloan, A. P. (1964). My years with general motors. Garden City, NY: Doubleday.

Smart and Vertinsky, 1977 Smart, C. , & Vertinsky, I. (1977). Designs for crisis decision units. Administrative Science, Quaterly, 22(4), 640–657.

Sun and Li, 2008 Sun, J. , & Li, H. (2008). Data mining method for listed companies' financial distress prediction. Knowledge-Based Systems, 21(1), 1–5.

Superti Furga, 1986 Superti Furga, F. (1986). L’amministrazione controllata sotto il profilo economico-finanziario. Gli elementi di giudizio per le decisioni del tribunale, del giudice delegato dei creditori. Il quadro di riferimento. In M. Cattaneo , M. Cesarini , A. Provasoli , & B. Quatraro (Eds.), Crisi d'impresa ed amministrazione controllata (pp. 346–350). Milan: Giuffrè.

Sweetser and Metzgar, 2007 Sweetser, K. D. , & Metzgar, E. (2007). Communicating during crisis: Use of blogs as a relationship management tool. Public Relations Review, 33(3), 340–342.

Taffler, 1982 Taffler, R. J. (1982). TForecasting company failure in the U.K: Using discriminant analysis and financial ratio data. Journal of Royal Statistical Society, 145(3), 342–358.

Tami, 2002 Tami, A. (2002). Creare valore: Scelte di turnaround produttivo e finanziario. In Amministrazione & Finanza, N. 10/2002 (Inserto). Milan: Ipsoa.

Tedeschi-Toschi, 1990 Tedeschi-Toschi, A. (1990). Crisi d’impresa tra sistema e management: Per un approccio allo studio elle crisi aziendali. Milan: Egea.

Tichy and Ulrich, 1984 Tichy, N. M. , & Ulrich, D. (1984). Revitalizing organizations: The leadership role. In J. Kimberly & B. Quinn (Eds.), Transforming organizations. New York, NY: John Wiley & Sons.

Timmermans, 2014 Timmermans, M. (2014). US corporate bankruptcy predicting models. Tiburg University, School of Economics and Management.

Tiscini, 2014 Tiscini, R. (2014). Economia della crisi d’impresa. Milan: Egea.

Tocquigny and Butcher, 2012 Tocquigny, R. , & Butcher, A. (2012). When core values are strategic: How the basic values of procter & gamble transformed leadership at fortune 500 companies. New Jersey, NJ: FT Press.

Todnem, 2005 Todnem, R. (2005). Organisational change management: A critical review. Journal of Change Management, 5(4), 369–380.

Trahms et al., 2013 Trahms, C. A. , Ndofor, H. A. , & Sirmon, D. G. (2013). Organizational decline and turnaround. A review and agenda of future research. Journal of Management, 39, 1277–1307.

Trequattrini, 2004 Trequattrini, R. (2004). Processo decisionale e valore delle aziende. Un approccio integrato. Turin: Giappichelli.

Tron, 2009 Tron, A. , (2009). L’implementazione e la valutazione dei sistemi ERP. In L. Marchi & D. Mancni (Eds.), Gestione informatica dei dati aziendali. Milano: FrancoAngeli.

Tron, 2013 Tron, A. (2013). Il piano di risanamento quale strumento risolutivo della crisi. In S. Ambrosini, G. Andreani, & A. Tron (Eds.), Crisi d’impresa e restructuring. Aspetti economico-aziendali, giuridici e fiscali alla luce delle prime applicazioni e interpretazioni delle norme introdotte dalla legge 134/2012. Milan: Il Sole 24 Ore.

Tron, 2016 Tron, A. (2016). I piani di risanamento aziendali tra tutela del valore, complessità di esecuzione e principi di esecuzione e principi di riferimento per la loro attestazione. In (a cura di) S. Ambrosini & A. Tron (Eds.), Piani di ristrutturazione dei debiti e ruolo dell'attestatore “Principi di attestazione” e riforma del 2015 (pp. 195–240). Bologna: Zanichelli.

Tron and Greco, 2012 Tron, A. , & Greco, G. (2012). Crisi di impresa, flussi finanziari e performance economiche Evidenze di una ricerca empirica svolta su società quotate. Il Fisco, 17(1), 2577–2583.

Tron and Greco, 2013 Tron, A. , Greco, G. (2013). Crisi di impresa, flussi finanziari e performance economiche Evidenze di una ricerca empirica svolta su società quotate. Università degli Studi di Pisa, memo for “Forum Bilancio 2013” organized by Ipsoa - ANDAF.

Tron et al., 2018 Tron, A. , Valenza, G. , & Caputo, A. (2018). Corporate crisis management in Italy: Execution, monitoring and performance analysis of recovery business and financial plans. International Journal of Foresight and Innovation Policy, 13(1/2), 114–135.

Ulmer et al., 2007 Ulmer, R. R. , Seeger, M. , & Sellnow, T. (2007). Post-crisis communication and renewal: Expanding parameters of post-crisis discourse. Public Relations Review, 33(2), 130–134.

Vassalou and Xing, 2004 Vassalou, M. , & Xing, Y. (2004). Default risk in equity returns. The Journal of Finance, 59, 831–868.

Waisman and Lucas, 2008 Waisman, S. Y. , & Lucas, J. W. (2008). The role and retention of the chief restructuring officer. In PricewaterhouseCoopers & M. Stanley (Eds.), The americas restructuring and insolvency guide 2008/2009. London: Globe White Page.

Wang, 2008 Wang, J. (2008). Developing organizational learning capacity in crisis management. Advances in Developing Human Resources, 10(3), 425–445.

Warner, 1977 Warner, J. (1977). Bankruptcy costs: Some evidence. The Journal of Finance, 32(2), 337–347.

Wegmann, 2000 Wegmann, G. (2000). Les tableaux de bord stratégiques: Analyse comparative d’un modèle nord-américain et d’un modèle suédois. Gestion 2000, 17(1), 19–35.

Westover, 2010 Westover, J. H. (2010). Managing organizational change: Change agent strategies and techniques to successfully managing the dynamics of stability and change in organizations. International Journal of Management and Innovation, 2(1), 45–50.

Williams and Olaniran, 1998 Williams, D. E. , & Olaniran, B. A. (1998). Expanding the crisis planning function: Introducing elements of risk communication to crisis communication practice. Public Relations Review, 24(3), 387–400.

Wruck, 1990 Wruck, K. H. (1990). Financial distress, reorganization and organizational efficiency. Journal of Financial Economics, 27, 419–444.

Wu et al., 2010 Wu, Y. , Gaunt, C. , & Gray, S. (2010). A comparison of alternative bankruptcy prediction models. Journal of Contemporary Accounting & Economics, 6(1), 34–45.

Zanda, 2015 Zanda, G. (2015). Fondamenti di economia aziendale. Turin: Giappichelli.

Zanoni and Campedelli, 2007 Zanoni, A. B. , & Campedelli, B. (2007). Economia dell'impresa: Governo e controllo. Bologna: Il Mulino.

Zanoni, 2009 Zanoni, A. B. (2009). Accounting for goodwill. New York, NY: Routledge.

Zappa, 1956 Zappa, G. (1956). Le produzioni nell’economia delle imprese, Tomo I. Milan: Giuffrè.

Aggarwal, 1995 Aggarwal, R. (1995). Microstructure of world trading markets. International Review of Economics & Finance, 4, 311–313.

Aghaei and Shakeri, 2010 Aghaei, M. , & Shakeri, A. (2010). Application cash flow ratios, cash flows and accrual accounting in predicting future operating cash flow in listed companies of tehran stock exchange. Financial Accounting, 2(5), 1–16.

Alareeni and Branson, 2013 Alareeni, B. , & Branson, J. (2013). Predicting listed companies. Failure in Jordan using Altman models: A case study. International Journal of Business and Management, 8(1), 113.

Al-Debi’ e, 2011 Al-Debi’e, M. (2011). Are operating cash flows a superior predictor of future operating cash flows than earnings? Evidence from Jordan. European journal of Economics. Finance and Administrative Sciences, 40, 36–46.

Al-Sulaiti and Almwajeh, 2007 Al-Sulaiti, K. , & Almwajeh, O. (2007). Applying Altman Z-score model of bankruptcy on service organizations and its implications on marketing concepts and strategies. Journal of International Marketing & Marketing Res, 32(2), 59–74.

Altman and Le Fleur, 1985 Altman, E. I. , & Le Fleur, J. K. (1985). I modelli di previsione delle insolvenze: Le loro applicazioni alla gestione d’impresa. In Finanza, Marketing, Produzione, 4, 77–93.

Altman and Narayanan, 1997 Altman, E. I. , & Narayanan, P. (1997). An international survey of business failure classification models. Financial Markets, Institutions & Instruments, 6(2), 1–57.

Altman and Saunders, 1997 Altman, E. I. , & Saunders, A. (1997). Credit risk measurement: Developments over the last 20 years. Journal of Banking & Finance, 21(11–12), 1721–1742.

Altman et al., 1977 Altman, E. I. , Haldeman, R. G. , & Narayanan, P. (1977). Zeta Analysis. A new model to identify bankruptcy risk of corporations. Journal of Banking and Finance, 1, 29–54.

Altman et al., 1994 Altman, E. I. , Marco, G. , & Varetto, F. (1994). Corporate distress diagnosis: Comparison using linear discriminant analysis and neural networks (the Italian experience). Journal of Banking & Finance, 18(3), 505–529.

Altman, 1970 Altman, E. I. (1970). Ratio analysis and the prediction of firm failure: A reply. The Journal of Finance, 25(5), 1169–1172.

Altman, 1983 Altman, E. I. (1983). Exploring the road to bankruptcy. Journal of Business Strategy, 4, 36–41.

Altman, 1988 Altman, E. I. (1988). The prediction of corporate bankruptcy. A discriminant analysis. New York, NY: Garland Publishing Inc.

Altman, 2002 Altman, E. I. (2002). Revisiting credit scoring models in a Basel 2 environment. In M. Ong (Ed.), Credit rating: Methodologies. Rationale and default risk. London: Risk Waters Group.

Amigoni, 1998 Amigoni, F. (1998). Manuale di organizzazione. Turin: UTET.

Anderson and Sundaresan, 1996 Anderson, R. W. , & Sundaresan, S. (1996). Design and valuation of debt contracts. Review of Financial Studies, 9(1), 37–68.

Andrade and Kaplan, 1998 Andrade, G. , & Kaplan, S. (1998). How costly is financial (not economic) distress? Evidence from highly leveraged transactions that became distressed. The Journal of Finance, 53, 1443–1493.

Andreani and Tron, 2012 Andreani, G., & Tron, A. (2012). Crisi d'impresa e ristrutturazione del debito. Analisi economico-aziendali, fiscali e di bilancio alla luce del nuovo principio contabile OIC6 (pp. 1–272). Milano: Il Sole 24 Ore.

Aziz et al., 1988 Aziz, A. , Emanuel, D. C. , & Lawson, G. H. (1988). Bankruptcy prediction - An investigation of cash flow based models. Journal of Management Studies, 25(5), 419–437.

Back et al., 1996 Back, B. , Laitinen, T. , Sere, K. , & van Wezel, M. (1996). Choosing bankruptcy predictors using discriminant analysis, logit analysis, and genetic algorithms, Turke centre for computer science . Technical Report No. 40.

Barth et al., 2001 Barth, M. E. , Cram, D. P. , & Nelson, K. K. (2001). Accruals and the prediction of future cash flows. The Accounting Review, 76(1), 27–58.

Baysinger and Butler, 1985 Baysinger, B. D. , & Butler, H. N. (1985). Corporate governance and the board of directors: Performance effects of changes in board composition. Journal of Law, Economics, and Organization, 1, 101–124.

Beaver and Engel, 1996 Beaver, W. H. , & Engel, E. E. (1996). Discretionary behavior with respect to allowances for loan losses and the behavior of security prices. Journal of Accounting and Economics, 22, 177–206.

Berkovitch and Israel, 1998 Berkovitch, E. , & Israel, R. (1998). The bankruptcy decision and debt contract renegotiations. European Finance Review, 2(10), 1–27.

Beyonon and Peel, 2001 Beyonon, M. J. , & Peel, M. (2001). Variable precision rough set theory and data discretisation: An application to corporate failure prediction. Omega, 29(6), 561–576.

Bijnen and Wijn, 1994 Bijnen, E. J. , & Wijn, M. F. C. M. (1994). Corporate prediction models. Ratios or regression analysis? Tilburg University, Working Paper.

Black and Cox, 1976 Black, F. , & Cox, J. C. (1976). Valuing corporate securities: Some effects of bond indenture provisions. The Journal of Finance, 31(2), 351–367.

Blazy et al., 2008 Blazy, R. , Fimayer, A. , & Chopard, B. (2008). Bankruptcy law: A mechanism of governance for financially distressed firms. European Journal of Law and Economics, 25, 253–267.

Blum, 1969 Blum, W. J. (1969). Materials on reorganization, recapitalization and insolvency. Boston, MA: Little, Brown & Co.

Blum, 1974a Blum, M. (1974a). Finding company discriminant analysis. Journal of Accounting Research, 12(1), 1–25.

Blum, 1974b Blum, M. (1974b). Failing company discriminant analysis. Journal of Accounting Research, 12(1), 1–25.

Boot, 2000 Boot, A. (2000). Relationship banking: What do we know? Journal of Financial Intermediation, 9, 7–25.

Booth, 1983 Booth, A. (1983). A reconsideration of trade union growth in the United Kingdom. British Journal of Industrial Relations, 21(3), 377–391.

Boster et al., 1992 Boster, B. , Guyon, I. , Vapnik, V. N. (1992). A training algorithm for optimal margin classifiers, Proceedings of the fifth annual workshop on computational learning theory, 144–152

Bowen et al., 1986 Bowen, R. M. , Burgstahler, D. , & Daley, L. A. (1986). Evidence on the relationships between earnings and various measures of cash flow. The Accounting Review, 61(4), 713–725.

Brockman and Turtle, 2003 Brockman, P. , & Turtle, H. J. (2003). A barrier option framework for corporate security valuation. Journal of Financial Economics, 67(3), 511–529.

Brodi, 2018 Brodi, E. (2018). Tempestiva emersione e gestione della crisi d’impresa. Riflessioni sul disegno di un efficiente «sistema di allerta e composizione». Questioni di Economia e Finanza, (Occasional Papers), 440. p. 440. Retrieved from https://www.bancaditalia.it/pubblicazioni/qef/2018-0440/QEF_440_18.pdf

Brunner and Krahnen, 2008 Brunner, A. , & Krahnen, J. (2008). Multiple lenders and corporate distress: Evidence on debt restructuring. The Review of Economic Studies, 75(2), 415–442.

Casey and Bartczak, 1984 Casey, C. J. , Bartczak, N. J. (1984). Cashflow-It’s not the bottom line. Harvard Business Review, Retrieved from https://hbr.org/1984/07/cash-flow-its-not-the-bottom-line.

Chemmanur and Fulghieri, 1994 Chemmanur, T. J. , & Fulghieri, P. (1994, March). Investment bank reputation, information production, and financial intermediation. The Journal of Finance, 49(1), 57–79.

Chenall, 2003 Chenall, R. H. (2003). Management control systems design within its organizational context: Findings from contingency-based research and directions for the future, accounting. Organizations and Society, 28, 127–168.

Chong, 2012 Chong, K. W. (2012). Prediction of operating cash flows using accrual-based and cash-based accounting information among Malaysian industrial corporations . DBA thesis, Southern Cross University, Lismore, NSW.

Christensen and Li, 2014 Christensen, I. , & Li, F. (2014). Predicting financial stress events: A signal extraction approach . Bank of Canada Working Paper, No. 37.

Coats and Fant, 1993 Coats, P. K. , & Fant, L. F. (1993). Recognizing financial distress patterns using a neural network tool. Financial Management, 22(3), 142–152.

Consiglio Nazionale dei Dottori Commercialisti e degli Esperti Contabili, 2017a Consiglio Nazionale dei Dottori Commercialisti e degli Esperti Contabili . (2017). Principi per la Redazione dei Piani di Risanamento. Rome, (IT)

Consiglio Nazionale dei Dottori Commercialisti e Esperti Contabili (CNDCEC), 2011 Consiglio Nazionale dei Dottori Commercialisti e Esperti Contabili (CNDCEC) . (2011). Linee Guida alla redazione del Business Plan. Retrieved from https://www.commercialisti.it/documents/20182/323701/Linee+guida+Business+Plan_protocollo_2.pdf

Consiglio Nazionale dei Dottori Commercialisti e Esperti Contabili, 2017b Consiglio Nazionale dei Dottori Commercialisti e Esperti Contabili (CNDCEC) . (2017). Principi di redazione dei piani di risanamento. Retrieved from www.cndcec.it

Craney and Surles, 2002 Craney, T. A. , & Surles, J. G. (2002). Model-dependent variance inflation factor cutoff values. Quality Engineering, 14(3), 391–403.

Dallocchio et al., 2020 Dallocchio, M., Ferri, S., Tron, A., & Vizzaccaro, M. (2020, September 9–11). Corporate financial distress: An alert perspective. statistical background, firm valuation and empirical evidences from Italian firms in a digital age context. In AA.VV. (a cura di) (Eds.), IFKAD 2020 Scientific Committee, 15th International Forum on Knowledge Asset Dynamics -Proceedings - Knowledge in Digital Age - 2020 - Matera, Italy , (pp. 1471–1493). Matera: Arts for Business Institute, University of Basilicata.

Dallocchio et al., 2020 Dallocchio, M., Ferri, S., Tron, A., & Vizzaccaro, M. (2020). The use of Z-Score to predict UTP loans. Corporate Ownership & Control, 18, 163–178.

Dallocchio and Salvi, 2004 Dallocchio, M. , & Salvi, A. (2004). Finanza d’azienda. Milan: Egea.

Dallocchio and Tron, 2020 Dallocchio, M., & Tron, A. (2020). Le operazioni di ristrutturazione del debito in Italia: note economico-aziendali a margine di una rassegna diacronica delle principali ricerche empiriche svolte negli ultimi anni. In AA. VV . (Eds.), Contributi in onore di Gaetano Maria Golinelli (pp. 358–392). Napoli: Rogiosi Editore.

Dallocchio et al., 2019 Dallocchio, M., Tron, A., & Vizzaccaro, M. (2019). Non performing loans (NPL): Finanza bank based, Finanza market based, Capital market union. In AA.VV. (a cura di), Dallocchio, M., & Tron, A. (Eds.), Non Performing Loans (NPL) (pp. 9–18). Roma: Fondazione nazionale commercialisti.

Dambolena and Khoury, 1980 Dambolena, I. G. , & Khoury, S. J. (1980). Ratio stability and corporate failure. The Journal of Finance, 35(4), 1017–1026.

Damodaran, 2009 Damodaran, A. (2009). Valuing distressed and declining companies. SSRN Electronic Journal. doi:10.2139/ssrn.1428022

Deakin, 1972 Deakin, E. B. (1972). A discriminant analysis of predictors of business failures. Journal of Accounting Research, 10(1), 167–179.

Deakin, 1977 Deakin, E. B. (1977). Business failure prediction: An empirical analysis. In E. I. Altman & A. W. Sametz (Eds.), Financial crisis, Institutions and markets in a fragile environment. New York, NY: John Wiley & Sons.

Dechow, 1994 Dechow, P. (1994). Accounting earnings and cash flows as measures of firm performance. The role of accounting accruals. Journal of Accounting and Economics, 18, 3–42.

Denis et al., 1995 Denis, D. , Denis, D. , & Sarin, A. (1995). Agency problems, equity ownership, and corporate diversification. The Journal of Finance, 52(10), 135–160.

Diamond, 1991 Diamond, D. W. (1991). Debt maturity structure and liquidity risk. Quarterly Journal of Economics, 106(3), 709–737.

Dimitras et al., 1999 Dimitras, A. , Slowinski, R. , Susmanga, R. , & Zopounidis, C. (1999). Business failure prediction using rough sets. European Journal of Operational Research, 114, 263–280.

Dudley and Yin, 2018 Dudley, E. , & Yin, Q. E. (2018). Financial distress, refinancing, and debt structure. Journal of Banking & Finance, 94, 185–207.

Ebaid, 2011 Ebaid, I. E. (2011). Accruals and the prediction of future cash flows: Empirical evidence from emerging market. Management Research Review, 34(7), 1–32.

Eccles, 1991 Eccles, R. G., Jr. (1991). The performance measurement manifesto. Harvard Business Review, 69(1), 131–137.

Edmister, 1972 Edmister, R. O. (1972). An empirical test of financial ratios analysis for small business failure prediction. Journal of Finance and Quantitative Analysis, 7(2), 1477–1493.

El Hennawy and Morris, 1983 El Hennawy, R. H. A. , & Morris, R. C. (1983). The significance of base year in developing failure prediction models. Journal of Business Finance & Accounting, 10(2), 209–223.

Ezzamel et al., 1987 Ezzamel, M. , Brodie, J. , & Mar-Molinero, C. (1987). Financial patterns of UK manufacturing companies. Journal of Business Finance & Accounting, 14(4), 519–536.

Fahlenbrach and Stulz, 2007 Fahlenbrach, R. , & Stulz, R. M. (2007). Managerial ownership dynamics and firm value . Working paper, Ohio State University.

Ferri et al., 2019 Ferri, S., Tron, A., & De Luca, P. (2019). Crisi d’impresa e continuità aziendale: i piani economico – finanziari per il risanamento tra tutela del valore e complessità di esecuzione. Rivista Italiana di Ragioneria e di Economia Aziendale, 1, 46–63.

Ferri et al., 2020 Ferri, S., Tron, A., Ricci, F., & Della Corte, G. (2020, September 9–11). The relation between cash flows and economic performance in the digital age: An empirical analysis. In Proceedings - Knowledge in Digital Age - 9–11 September 2020 - Matera (Italy) - IFKAD 2020, (pp. 1349–1356). Matera: Arts for Business Institute, University of Basilicata.

Financial Accounting Standards Board – FASB, 1978 Financial Accounting Standards Board – FASB . (1978). Objectives of financial reporting by business enterprises. Statement of financial accounting concepts. No. 1. Retrieved from https://www.fasb.org/resources/ccurl/816/894/aop_CON1.pdf.

Fiordelisi and Mare, 2013 Fiordelisi, F. , & Mare, D. S. (2013). Probability of default and efficiency in cooperative banking. Journal of Financial Markets and Institutions, 26, 34–45.

Foreman, 2002 Foreman, R. D. (2002). A logistic analysis of bankruptcy within the US local telecommunications industry. Journal of Economics and Business, 6(1), 1–32.

Forestieri, 1986 Forestieri, G. (1986). La previsione delle insolvenze aziendali: Profili teorici e analisi empiriche. Milan: Giuffrè.

Frank, 2018 Frank, E. O. (2018). Assessment of the comparative ability of accounting bases in predicting future cash flows: Evidence from Nigeria. Trends Economics And Management, 32(2), 35–48.

Gales and Kesner, 1994 Gales, L. , & Kesner, I. (1994). An analysis of board of director size and composition in bankrupt organizations. Journal of Business Research, 30(3), 271–282.

Garzella, 2013 Garzella, S. (2013). Il turnaround e le strategie di risanamento. In M. Galeotti , & S. Garzella (Eds.), Governo strategico dell’azienda. Torino: Giappichelli.

Gilson et al., 1990 Gilson, S. , John, K. , & Lang, L. (1990). Troubled debt restructurings: An empirical study of private reorganizations of firms in default. Journal of Financial Economics, 27, 315–354.

Gilson et al., 2000 Gilson, S. , Hotchkiss, E. S. , & Ruback, R. S. (2000). Valuation of bankrupt firms. Review of Financial Studies, 13, 43–74.

Gilson, 1997 Gilson, S. (1997). Transactions costs and capital structure choice: Evidence from financially distressed firms. The Journal of Finance, 52, 161–196.

Gombola et al., 1987 Gombola, M. J. , Haskins, M. E. , Ketz, J. E. , & Williams, D. D. (1987). Cash flow in bankruptcy prediction. Financial Management, 16(4), 55–65.

Greenberg et al., 1986 Greenberg, R. , Johnson, G. L. , & Ramesh, K. (1986). Earnings versus cash flows as a predictor of future cash flow measures. Journal of Accounting: Auditing and Finance, 1, 266–277.

Hambrick and D'Aveni, 1992 Hambrick, D. C. , & D'Aveni, R. A. (1992). Top team deterioration as part of the downward spiral of large corporate bankruptcies. Management Science, 38(10), 1445–1466.

Hedberg et al., 1976 Hedberg, B. L. T. , Nystrom, P. C. , & Starbuck, W. H. (1976). Camping on seesaws: Prescriptions for a self-designing organization. Administrative Science Quarterly, 21, 41–65.

Hernandez Tinoco and Wilson, 2013 Hernandez Tinoco, M. , & Wilson, N. (2013). Financial distress and bankruptcy prediction among listed companies using accounting, market and macroeconomic variables. International Review of Financial Analysis, 30, 394–419.

Himmelberg et al., 1999 Himmelberg, C. P. , Hubbard, R. , & GlennDarius Palia (1999). Understanding the determinants of managerial ownership and the link between ownership and performance. Journal of Financial Economics, 53, 353–384.

Hotchkiss, 1995 Hotchkiss, E. (1995). Post-bankruptcy performance and management turnover. The Journal of Finance, 50, 3–21.

Hotchkiss et al., 2008 Hotchkiss, E. S. , John, K. , Thorburn, K. , & Mooradian, R. (2008). Bankruptcy and the resolution of financial distress (book section) in Bankruptcy. Handbook of corporate finance (Vol. 1, 2nd ed., pp. 235–287). North Holland: Elsevier.

Huson et al., 2004 Huson, M. , Malatesta, P. , & Parrino, R. (2004). Managerial succession and firm performance. Journal of Financial Economics, 74, 237–275.

Javedan and Largani, 2014 Javedan, F. A. , & Largani, S. M. (2014). The effect of cash-flow component (core and non-core) on predicting future cash flow. Bulletin of Applied and Research Science, 4, 2.

Jemâ a et al., 2015 Jemâa, O. B. , Toukabri, M. , & Jilani, F. (2015). Accruals and the prediction of future operating cash-flows: Evidence from Tunisian companies. International Journal of Accounting and Economics Studies, 3, 1.

Jo et al., 1997 Jo, H. , Han, I. , & Lee, H. (1997). Bankruptcy prediction using case-based reasoning, neural networks, and discriminant analysis. Expert Systems with Applications, 13(2), 97–108.

Jordan et al., 2007 Jordan, C. , Waldron, M. A. , & Clark, S. S. (2007). An analysis of the comparative predictive abilities of operating cash flows, earnings, and sales. Journal of Applied Business Research, 23, 3.

Kahya and Theodossiou, 1999 Kahya, E. , & Theodossiou, P. (1999). Predicting corporate financial distress: A time-series cusum methodology. Review of Quantitative Finance and Accounting, 13(4), 323–345.

Kapadia, 2011 Kapadia, N. (2011). Tracking down distress risk. Journal of Financial Economics, 102(1), 167–182.

Keasey and McGuinness, 1990 Keasey, K. , & McGuinness, P. (1990). Small new firms and the return to alternative sources of finance. Small Business Economics, 2, 213–222.

Laitinen and Laitinen, 1998 Laitinen, E. , & Laitinen, T. (1998). Cash management behavior and failure prediction. Journal of Business Finance & Accounting, 25(7–8), 893–919.

Leland, 1994 Leland, H. E. (1994). Corporate debt value, bond covenants, and optimal capital structure. The Journal of Finance, 49(4), 1213–1252.

Li and Sun, 2008 Li, H. , & Sun, J. (2008). Ranking-order case-based reasoning for financial distress prediction. Knowledge-Based Systems, 21(8), 868–878.

Libby, 1975 Libby, R. (1975). Accounting ratios and the prediction of failure: Some behavioral evidence. Journal of Accounting Research, 13(1), 150–161.

Libby, 1977 Libby, R. (1977). Human information processing research in accounting. The state of the art. Accounting. Organizations and Society, 2(3), 245–268.

Longstaff and Schwartz, 1995 Longstaff, F. , & Schwartz, I. S. (1995). A simple approach to valuing risky fixed and floating rate debt. The Journal of Finance, 50(3), 789–819.

Lorek and Willinger, 1996 Lorek, K. S. , & Willinger, G. L. (1996). A multivariate time-series prediction model for cash flow data. The Accounting Review, 71(1), 81–101.

Lorek and Willinger, 2009 Lorek, K. , & Willinger, G. L. (2009). New evidence pertaining to the prediction of operating CFs. Review of Quantitative Finance and Accounting, 32(1), 1–15.

Lummer and McConnell, 1989 Lummer, S. , & McConnell, J. (1989). Further evidence on the bank lending process and the reaction of the capital markets to bank loan agreements. Journal of Financial Economics, 25, 99–122.

MacBeth, 1993 MacBeth, K. H. (1993). Forecasting operating cash flow: Evidence on the comparative predictive abilities of net income and operating cash flow from actual cash flow data. Mid-Atlantic Journal of Business, 29(2), 173–187.

Mantoan and Mantovan, 1987 Mantoan, M. , & Mantovan, P. (1987). Un modello di previsione del dissesto d'impresa. in Rivista Dottori Commercialisti. Milan: Giuffrè, pp. 135–159.

McGurr and DeVaney, 1998 McGurr, P. T. , & DeVaney, S. A. (1998). Predicting business failure of retail firms: An analysis using mixed industry models. Journal of Business Research, 43(3), 169–176.

Mckinley et al., 2014 Mckinley, W. , Latham, S. , & Braun, M. (2014). Organizational decline and innovation: Turnarounds and downward spirals. Academy of Management Review, 39, 88–110.

Moeenaddin et al., 2013 Moeenaddin, M. , Ardakani, S. S. , & Akhoondzadeh, F. (2013). Examination of the ability of earning and cash flow in predicting future cash flows. Interdisciplinary Journal of Contemporary Research in Business, 4, 94–101.

Mooradian and Ryan, 2005 Mooradian, R. M. , & Ryan, H. E., Jr. (2005). Out-of-Court restructurings and the resolution of financial distress: Section 3 (a)(9) compared to investment-bank-managed exchange offers. Journal of Business, 78(4), 1593–1624.

Mulenga and Bhatia, 2017 Mulenga, M. , & Bhatia, M. (2017). The review of literature on the role of earnings, cash flows and accruals in predicting of future cash flows. Accounting and Finance Research, 6(2), 59–70.

Murdoch and Krause, 1990 Murdoch, B. , & Krause, P. (1990). Further evidence on the comparative ability of accounting data to predict operating cash flows. Mid-Atlantic Journal of Business, 26(2), 1–14.

Nasrollah and Hassan, 2013 Nasrollah, T. , & Hassan, K. (2013). Relative ability of earnings data and cash flow in predicting future cash flows. International Journal of Accounting and Financial Reporting, 3(1), 214–226.

Neophytou et al., 2001 Neophytou, E. , Charitou, A. , & Charalambous, C. (2001). Predicting corporate failure: Empirical evidence for the UK. European Accounting Review, 13(3), 465–497.

Ofek, 1993 Ofek, E. (1993). Capital structure and firm response to poor performance: An empirical analysis. Journal of Financial Economics, 34(1), 3–30.

Ohlson, 1980 Ohlson, J. A. (1980). Financial ratios and the probabilistic prediction of bankruptcy. Journal of Accounting Research, 18(1), 109–131.

Ongena and Smith, 2000 Ongena, S. , & Smith, D. C. (2000). What determines the number of bank relationships? Cross-country evidence. Journal of Financial Intermediation, 9(1), 26–56.

Pae, 2005 Pae, J. (2005). Expected accruals models: The impact of operating cash flows and reversals of accruals,. Review of Quantitative Finance and Accounting, 24(1), 5–22.

Paoloni and Celli, 2018 Paoloni, M. , & Celli, M. (2018). Crisi delle PMI e strumenti di warning. Un test di verifica nel settore manifatturiero. Management Control, 2, 85–106

Percy and Stokes, 1992 Percy, M. , & Stokes, D. J. (1992). Further evidence on empirical relationships between earnings and cash flows. Accounting and Finance, 32(1), 27–49.

Peterson and Rajan, 1995 Peterson, M. A. , & Rajan, R. G. (1995). The effect of credit market competition on lending relationships. Quarterly Journal of Economics, 110, 406–443.

Piesse and Wood, 1992 Piesse, J. , & Wood, D. (1992). Issues in assessing MDA models of corporate failure: A research note. The British Accounting Review, 24, 33–42.

Platt and Platt, 1990 Platt, H. D. , & Platt, M. B. (1990). Development of a class of stable predictive variables: The case of bankruptcy prediction. Journal of Business Finance & Accounting, 17(1), 31–51.

Pompe and Feelders, 1997 Pompe, P. P. M. , & Feelders, A. J. (1997). Using machine learning, neural networks and statistics to predict bankruptcy. Computer 1997. Civil and Infrastructure Engineering, 12, 267–276.

Rasmussen, 1997 Rasmussen, R. K. (1997). A new approach to transnational insolvencies. Michigan Journal of International Law, 19(1), 1–36. Retrieved from https://repository.law.umich.edu/cgi/viewcontent.cgi?article=1436&context=mjil.

Reisz and Perlich, 2007 Reisz, A. S. , & Perlich, C. (2007). A market-based framework for bankruptcy prediction. Journal of Financial Stability, 3(2), 85–131.

Ricci et al., 2020 Ricci, F., Scafarto, V., Ferri, S., & Tron, A. (2020). Value relevance of digitalization: The moderating role of corporate sustainability. An empirical study of Italian listed companies. Journal of Cleaner Production, 276, 123282.

Salchenberger et al., 1992 Salchenberger, L. M. , Cinar, E. M. , & Lash, N. A. (1992). Neural networks: A new tool for predicting thrift failures. Decision Sciences, 23(4), 899–916.

Salvi and Tron, 2019 Salvi, A., & Tron, A. (2019). Gli strumenti finanziari derivati nella gestione delle aziende. Profili economico-azendali e di corporate financial risk management (pp. 1–272). Milano: Giuffrè Francis Lefebvre.

Salvioni, 2003 Salvioni, D. (Ed.). (2003). Trasparenza ed efficacia della comunicazione economico-finanziaria. Torin: Giappichelli.

Schendel and Patton, 1976 Schendel, D. E. , & Patton, G. R. (1976). Corporate stagnation and turnaround. Journal of Economics and Business, 28(3), 236–241.

Schivardi et al., 2017 Schivardi, F. , Sette, E. , & Tabellini, G. (2017). Credit misallocation during the European financial crisis . LUISS Guido Carli/School of European Political Economy working paper n. 3.

Senan, 2019 Senan, P. (2019). Ability of earnings and cash flows in forecasting future cash flows: A study in the context of Saudi Arabia. Academy of Accounting and Financial Studies Journal, 23(1), 2–14.

Simons, 1994 Simons, K. (1994). The relationship between dividend changes and cash flow: An empirical analysis. Journal of Business Finance & Accounting, 21(4), 577–587.

Taffler, 1977 Taffler, R. J. (1977). Finding those firms in danger, city university business school . Working Paper, No. 3. City University Business School, London..

Taffler, 1984 Taffler, R. J. (1984). Empirical models for the monitoring of UK corporations. Journal of Banking & Finance, 8(2), 199–227.

Taffler and Tishaw, 1977 Taffler, R. J. , & Tishaw, H. J. (1977). Going, going, gone, four factors which predict, accountancy. Accountancy, 88, 50–54.

Takhtaei and Karim, 2013 Takhtaei, N. , & Karim, H. (2013). Relative ability of earnings data and cash flow in predicting future cash flows. International Journal of Accounting and Financial Reporting, 3, 1.

Tamari, 1964 Tamari, M. (1964). Financial Ratio as a means of forecasting bankruptcy. Economic Review, 21, 15–45.

Tashijian et al., 1996 Tashijian, E. , Lease, R. C. , & McConnell, J. J. (1996). Prepacks an empirical analysis of prepackaged bankruptcies. Journal of Financial Economics, 40, 135–162.

Theodiossiou, 1991 Theodiossiou, P. (1991). Alternative models for assessing the financial condition of business in Greece. Journal of Business Finance & Accounting, 18(5), 697–720.

Timmermans, 2014 Timmermans, M. (2014). US corporate bankruptcy predicting models. Tiburg University, School of Economics and Management. Retrieved from http://arno.uvt.nl/show.cgi?fid=135794.

Tron, 2009 Tron, A. (2009). Struttura finanziaria, leva finanziaria e leveraged buy out. In M. Clementi, G. Luschi, & A. Tron (Eds.), Le operazioni di leverage buy out: Aspetti legali, tributari e finanziari (Vol. 18, pp. 317–348). Milan: Ipsoa.

Tron, 2015 Tron, A. (2015). La fattibilità del piano e l'attestazione dei concordati in continuità. In AA.VV. (a cura di), Fabiani, M., & Guiotto, A. (Eds.), Conservazione dell'impresa e tutela dei crediti nelle crisi aziendali. Torino: Eutekne.

Tron, 2016 Tron, A. (2016). I piani di risanamento aziendali tra tutela del valore, complessità di esecuzione e principi di esecuzione e principi di riferimento per la loro attestazione. In (a cura di) S. Ambrosini & A. Tron (Eds.), Piani di ristrutturazione dei debiti e ruolo dell'attestatore "Principi di attestazione" e riforma del 2015 (pp. 195–240). Bologna: Zanichelli.

Ulyana et al., 2019 Ulyana, V. P. , Nadiia, V. K. , & Hanna, V. H. (2019). Financial statements as a management tool. Management Science Letters, 10, 197–208.

Vašíč ek et al., 2017 Vašíček, B. , Žigraiová, D. , Hoeberichts, M. , Vermeulen, R. , Šmídková, K. , & de Haan, J. (2017). Leading indicators of financial stress: New evidence . DNB Working Papers, n. 476, Netherlands Central bank, Research Department.

Ward, 1994 Ward, T. J. (1994). An empirical study of the incremental predictive ability of Beaver's Naïve operating flow measure using four state ordinal models of financial distress. Journal of Business Finance & Accounting, 21(4), 547–561.

Westgaard and Wijst, 2001 Westgaard, S. , & Wijst, N. (2001). Default probabilities in a corporate bank portfolio: A logistic model approach. European Journal of Operational Research, 135(2), 338–349.

Wilcox, 1976 Wilcox, J. W. (1976). The gambler's ruin approach to business risk. Sloan Management Review, 12(1), 33–46.

Wilson, 1986 Wilson, G. P. (1986). The relative information content of accruals and cash flows: Combined evidence at the earnings announcement and annual report release date. Journal of Accounting Research, 24, 165–200.

Winn, 1993 Winn, J. (1993). Performance measures for corporate decline and turnaround. Journal of General Management, 19(2), 48–63.

Yang et al., 1999 Yang, Z. R. , Platt, M. B. , & Platt, H. D. (1999). Probabilistic neural networks in bankruptcy prediction. Journal of Business Research, 44, 67–74.

Zavgren, 1985 Zavgren, C. (1985). Assessing the vulnerability to failure of American industrial firms: A logistic analysis. Journal of Business Finance & Accounting, 12(1), 19–45.

Zmijewski, 1984 Zmijewski, M. E. (1984). Methodological issues related to the estimation of financial, distress prediction models. Journal of Accounting Research, 22, 59–82.