Corporate Insolvencies increase again in Q4 2011

Quarterly_Insolvency_Report_2011Q4 CMRC Quarterly Insolvency Report (2011 Q4) and Forecast. Q3 and Q4 indicates a further increase incorporate insolvencies in line with negative GDP growth. Winding up orders and other indicators of distress suggest that the rise will continue into 2012 Retail, Restaurants, Hotels and other consumer-facing sectors are the hardest hit

New Research on Governance, Ownership and Insolvency Risk

Abstract   A Research paper shortly to be released by CMRC shows that having a balance of skills and gender on the Board of companies significantly reduces insolvency risk. The research analyses data on over 900,000 companies including 17,500 insolvencies in 2008.