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An empirical analysis of firm exit or default determinants which tends to provide a better knowledge of explanatory variables on the one hand and a methodological perspective mainly consisting in testing new techniques on the other.
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The presence and degree of association between default and determinant factors was computed through univariate and multivariate logistic regression analysis.
Three categories of determinants of default risk are proposed: loan characteristics, borrower characteristics, and borrower's group characteristics (Everett 2008).
Instead, an abundant literature is devoted to the identification of determinants of default or failure thanks to the identification of discriminant functions able to discriminate between healthy companies and firms that are likely to fail in the near future.
Dissatisfaction with treatment services and poor patient provider interaction were apparent determinants of default and barriers in utilization of services [33], [34].
Despite their demonstrated negative effects on global TB control, little is known about the extent and duration of delay in seeking care and its determinants and default from TB treatment among patients in rural Kenya.
Hospitalisation during the intensive phase (adjusted HR 0.69; 95% CI 0.54 to 0.89) and non-consenting for HIV screening (1.65; 1.24 to 2.21) were the main determinants of defaulting from treatment in multivariable analysis.
The aim of this study was to determine the rate, time to and determinants of antituberculosis treatment default in Yaounde.
Finally, the defaulting from treatment rate has declined, and the determinants that contribute to defaulting should be included in control programmes.
Action is needed to improve adherence to treatment when received on an ambulatory basis, to clarify the association between HIV testing and antituberculosis treatment default, and to identify other potential determinants of treatment discontinuation in this setting.
"The Determinants of Attitudes toward Strategic Default on Mortgages". Luigi Guiso, Paola Sapienza and Luigi Zingales; Journal of Finance, 2013, 68(4), pp. 1473-515.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com