What percentage of publically held firms in the U.S after experiencing financial distress delist?

Name: What percentage of publically held firms in the U.S after experiencing financial distress delist?
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Question

Quizplus · Accepted Answer

According to a study published in the Journal of Financial Economics, around 19% of publicly held firms in the U.S delisted after experiencing financial distress. Therefore, option C is the correct answer. The other options are not supported by any evidence and are incorrect.

What Percentage of Publically Held Firms in the U