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WHY BUSINESSES FAIL

Edward I. Altman (Professor of Finance and Chairman of the MBA program at New York University)

Journal of Business Strategy

ISSN: 0275-6668

Article publication date: 1 February 1983

2911

Abstract

The number of business failures in this country is growing at an alarming rate. While many experts have looked at the specific reasons why particular companies fail, few have examined the general trends and macroeconomic conditions that affect business failures. The author has, and has come to some surprising conclusions.

Citation

Altman, E.I. (1983), "WHY BUSINESSES FAIL", Journal of Business Strategy, Vol. 3 No. 4, pp. 15-21. https://doi.org/10.1108/eb038985

Publisher

:

MCB UP Ltd

Copyright © 1983, MCB UP Limited

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