Collapse of the US newspaper industry
Goodwill, leverage and bankruptcy
Bibliographic Data
| ID | 7478985 |
|---|---|
| Authors | John Soloski (University of Georgia, corresponding author) |
| Year | 2013 |
| Volume | 14 |
| Issue | 3 |
| Pages | 309-329 |
| Publication date | 2013-02-17 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Journalism (JOURNAL) |
| Journal identifiers | ISSN: 1464-8849 • E-ISSN: 1741-3001 |
| Publisher | SAGE Publishing (PUBLISHER • US) |
| DOI | 10.1177/1464884912472016 |
| OpenAlex | W2080201532 |
| Language | EN |
| Citations received | 7 |
| References cited | 4 |
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
Advertising · Bankruptcy · Business · Debt · Economics · Financial system · Goodwill · Leverage (statistics · Newspaper · Revenue · Auditing, Earnings Management, Governance · Computer Science · Corporate Finance and Governance · Financial Distress and Bankruptcy Prediction · Finance
| Unique citing works | 7 |
|---|---|
| Citations per year | 0,64 |
| Citation span | 2015 - 2023 (9) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 7 |