WHAT DO WE KNOW ABOUT ZOMBIES FIRMS?

Authors

  • ERIC SEVERIN IAE, 2 rue de Mulhouse 59024 Cedex, University of Lille, France LUMEN ULR 4999 Corresponding author
  • DAVID VEGANZONES ESCE International Business School, OMNES Education, 10, rue Sextius Michel, 75015 Paris, France

DOI:

https://doi.org/10.54695/bmi.169.24

Keywords:

Zombie firms, Literature review, Bankruptcy, Financing policy

Abstract

In recent years, the zombification of firms has become a global phenomenon. It began in Asia but has spread significantly, especially during the COVID-19 pandemic. Many studies outline some determinants and consequences of the phenomenon for firms, banks, and the economy. However, to date, no synthesis has been published. To address this gap, the current article seeks to clarify the notion of zombification and specify its determinants and consequences, as well as some avenues for continued research.
JEL Classification: G32, G33, G34.

Published

2022-04-22

How to Cite

SEVERIN, E., & VEGANZONES, D. (2022). WHAT DO WE KNOW ABOUT ZOMBIES FIRMS?. Bankers, Markets & Investors, 169(2), 24. https://doi.org/10.54695/bmi.169.24

Issue

Vol. 169 No. 2 (2022): BMI

Section

Focus On

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