VERS UN MODELE DE RECHERCHE DE LA DEFAILLANCE FINANCIERE DES ENTREPRISES

Abstract

The survival of firms becomes problematic due to the business environment marked by a high pace of innovation and constantly renewed socio-economic changes. Indeed, the company is forced to confront several events that might weaken its durability, especially economic, legal, fiscal, organizational, etc. Hence the interest of better targeting the approach according to which failure will be explained.The purpose of this article is to shed light on the precepts dedicated to companies in distress. We will focus on conducting an in-depth review of the literature of business failure and the factors leading to its occurrence. In the aim of developing a research model explaining the concept of failure through a financial approach

Keywords

• business failure
• factors of distress