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Submit a Manuscript to the Journal
Journal of Chinese Economic and Business Studies

For a Special Issue on
Corporate financial distress and default

Manuscript deadline
30 June 2023

Cover image - Journal of Chinese Economic and Business Studies

Special Issue Editor(s)

Jie Sun, Tianjin University of Finance and Economics, China
[email protected]

Anthony Bellotti, University of Nottingham Ningbo China
[email protected]

Zhiyong Li, Southwestern University of Finance and Economics, China
[email protected]

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Corporate financial distress and default

Corporate financial distress has been a popular topic in the history of financial and business studies. While some of them discuss either on its drivers (Campbell et al, 2008), its resolutions (Wruck, 1990; Kahl, 2002) or its recurrence (Zhou et al, 2022), the majority are focused on the prediction of financial distress, such as Zmijewski (1984), Frydman et al. (1985), Lau (1987), Jones and Hensher (2004), etc. Since 1998, the Chinese stock exchanges in Shanghai and Shenzhen have imposed ‘Special Treatment’ (ST) on list companies which suffer financial difficulties to give notice of bad performance to investors. From then, scholars have been attracted to predict financial distress in Chinese listed companies by using ST as an indicator of financial distress. On the one hand, many new algorithms are proposed to predict the event accurately (Sun & Li, 2008; Li et al, 2014; Geng et al, 2015; Sun et al 2021; ). On the other, more new information are added to the predictive models (Wang and Deng, 2006; Li et al, 2008; Li et al, 2021). The studies of financial distress and default remain vibrant and attract much attention.

This special issue invited papers addressing the issues of financial distress and default to introduce latest development in this area. Topics of this special issue include but not limited to:

  • Prediction of financial distress
  • Explanation of financial distress
  • Resolutions of financial distress
  • Outcomes of financial distress
  • Corporate governance and financial distress
  • Financial distress and default in China and the world

Submission Instructions

Please select ‘Special Issue’ when you choose the article type.

Expected publication: Q1 2024

Instructions for AuthorsSubmit an Article

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