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To What Extent Does the Interest Burden Affect Firm Survival? Evidence from a Panel of UK Firms during the Recent Financial Crisis

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  • Alessandra Guariglia
  • Marina-Eliza Spaliara
  • Serafeim Tsoukas

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  • Alessandra Guariglia & Marina-Eliza Spaliara & Serafeim Tsoukas, 2016. "To What Extent Does the Interest Burden Affect Firm Survival? Evidence from a Panel of UK Firms during the Recent Financial Crisis," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 78(4), pages 576-594, August.
    • Handle: RePEc:bla:obuest:v:78:y:2016:i:4:p:576-594
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    References listed on IDEAS

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    9. Ben S. Bernanke & Mark Gertler, 1995. "Inside the Black Box: The Credit Channel of Monetary Policy Transmission," Journal of Economic Perspectives, American Economic Association, vol. 9(4), pages 27-48, Fall.
    10. Guariglia, Alessandra & Mateut, Simona, 2006. "Credit channel, trade credit channel, and inventory investment: Evidence from a panel of UK firms," Journal of Banking & Finance, Elsevier, vol. 30(10), pages 2835-2856, October.
    11. Tsoukas, Serafeim, 2011. "Firm survival and financial development: Evidence from a panel of emerging Asian economies," Journal of Banking & Finance, Elsevier, vol. 35(7), pages 1736-1752, July.
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    Cited by:

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    2. Andrikopoulos, Panagiotis & Khorasgani, Amir, 2018. "Predicting unlisted SMEs' default: Incorporating market information on accounting-based models for improved accuracy," The British Accounting Review, Elsevier, vol. 50(5), pages 559-573.
    3. Iwasaki, Ichiro & Kočenda, Evžen & Shida, Yoshisada, 2021. "Distressed acquisitions: Evidence from European emerging markets," Journal of Comparative Economics, Elsevier, vol. 49(4), pages 962-990.
    4. José Manuel Mansilla-Fernández & Juliette Milgram-Baleix, 2023. "Working capital management, financial constraints and exports: evidence from European and US manufacturers," Empirical Economics, Springer, vol. 64(4), pages 1769-1810, April.
    5. Dominika Gajdosikova & Katarina Valaskova & Tomas Kliestik & Maria Kovacova, 2023. "Research on Corporate Indebtedness Determinants: A Case Study of Visegrad Group Countries," Mathematics, MDPI, vol. 11(2), pages 1-30, January.
    6. Baumöhl, Eduard & Iwasaki, Ichiro & Kočenda, Evžen, 2019. "Institutions and determinants of firm survival in European emerging markets," Journal of Corporate Finance, Elsevier, vol. 58(C), pages 431-453.
    7. Görg, Holger & Spaliara, Marina-Eliza, 2018. "Export market exit and financial health in crises periods," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 87, pages 150-163.
    8. Iwasaki, Ichiro & Kim, Byung-Yeon, 2018. "Firm Failure in Russia during Economic Crises and Growth : A Large Survival Analysis," RRC Working Paper Series 76, Russian Research Center, Institute of Economic Research, Hitotsubashi University.
    9. Ichiro Iwasaki & Byung-Yeon Kim, 2020. "Legal forms, organizational architecture, and firm failure: a large survival analysis of Russian corporations," European Journal of Law and Economics, Springer, vol. 49(2), pages 227-275, April.
    10. Antonio Fabio Forgione & Carlo Migliardo, 2019. "An empirical analysis of the impact of trade credit on bank debt restructuring," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 36(2), pages 415-438, July.
    11. Lacerda, Teresa C., 2019. "Crisis leadership in economic recession: A three-barrier approach to offset external constraints," Business Horizons, Elsevier, vol. 62(2), pages 185-197.
    12. Görg, Holger & Spaliara, Marina-Eliza, 2013. "Export market exit, financial pressure and the crisis," CEPR Discussion Papers 9599, C.E.P.R. Discussion Papers.
    13. Millard, Stephen & Nicolae, Anamaria & Nower, Michael, 2019. "International trade, non-trading firms and their impact on labour productivity," Bank of England working papers 787, Bank of England.
    14. Xinjun Lyu & Jinlan Ni & Jia Yuan, 2022. "Market segmentation and firm survival," Growth and Change, Wiley Blackwell, vol. 53(3), pages 1243-1266, September.
    15. Paul Lavery & Marina Spaliara & Holger Görg, 2024. "Private equity buyouts & firm exporting in crisis periods: Exploring a new channel," Working Papers 2024_09, Business School - Economics, University of Glasgow.
    16. Christos Axioglou & Nicos Christodoulakis, 2021. "Which firms survive in a crisis? Investigating Gibrat’s Law in Greece 2001–2014," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 48(2), pages 159-217, June.
    17. Chundakkadan, Radeef & Sasidharan, Subash, 2020. "Central bank's liquidity provision and firms' financial constraints," Economic Modelling, Elsevier, vol. 89(C), pages 245-255.
    18. Radeef Chundakkadan & Subash Sasidharan & Ketan Reddy, 2023. "The Role of Export Incentives and Bank Credit on the Export Survival of Firms in India During COVID-19," Working Papers DP-2023-12, Economic Research Institute for ASEAN and East Asia (ERIA).

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