Authors and Corporations: | |
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In: | Journalism, 14, 2013, 3, p. 309-329 |
published: |
SAGE Publications
|
Media Type: | Article, E-Article |
Physical Description: | 309-329 |
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ISSN: |
1464-8849
1741-3001 |
DOI: | 10.1177/1464884912472016 |
published in: | Journalism |
Language: | English |
Subjects: | |
Collection: | SAGE Publications (CrossRef) |
<jats:p> The study examines financial factors that magnified the collapse of the US newspaper industry in the mid-2000s when advertising revenues plummeted. The study shows how goodwill, debt and leverage magnified the collapse and hastened the bankruptcy of a number of newspaper companies. The study also tests the applicability of Altman’s Z-score model for predicting bankruptcy of newspaper companies. </jats:p> |