To what extent does the interest burden affect firm survival? Evidence from a panel of UK firms during the recent financial crisis

Using a panel of mainly unquoted UK firms over the period 2000–09, we document a significant effect of changes in the interest burden from debt-servicing on firm survival. The effect is found to be stronger during the recent financial crisis compared with more tranquil periods. Furthermore, the surv...

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Bibliographic details
Main Author: Guariglia, Alessandra
Spaliara, Marina Eliza
Tsoukas, Serafeim
Format: Journal Article
Language: English
Place of publication: John Wiley & Sons Ltd 01.08.2016
Data of publication: 2016-08
Bibliography: 10.1111/obes.12120
Online Access: available in Bonn?
Database: University of Glasgow IR Enlighten
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