`financial-problems` Related Article Results

Zombie firms are businesses that continue to operate despite being expected to go bankrupt, typically characterized by low profitability, high indebtedness, and low productivity. Although these firms are often unable to meet their interest obligations, they sustain operations through external funding sources such as bank loans or government support. Interest in zombie firms began in Japan in the 1990s, resurged during periods such as the 2008 global financial crisis and the COVID-19 pandemic, an