How to identify the ‘zombie’ firms at risk of defaultÂ
Looking at firms using both the interest coverage ratio (ICR) and Altman’s Z-score can help reveal whether a company might be in distress. ...
Simon J. Evenett is Professor of Geopolitics and Strategy at IMD and a leading expert on trade, investment, and global business dynamics. With nearly 30 years of experience, he has advised executives and guided students in navigating significant shifts in the global economy. In 2023, he was appointed Co-Chair of the World Economic Forum’s Global Future Council on Trade and Investment.
Evenett founded the St Gallen Endowment for Prosperity Through Trade, which oversees key initiatives like the Global Trade Alert and Digital Policy Alert. His research focuses on trade policy, geopolitical rivalry, and industrial policy, with over 250 publications. He has held academic positions at the University of St. Gallen, Oxford University, and Johns Hopkins University.
30 January 2024 • by Camilla Erencin, Simon J. Evenett, Alexander Gruber, Felix Reitz in Crux of Capitalism • 5 min read
Looking at firms using both the interest coverage ratio (ICR) and Altman’s Z-score can help reveal whether a company might be in distress. ...
23 January 2024 • by Camilla Erencin, Simon J. Evenett, Alexander Gruber, Felix Reitz in Crux of Capitalism • 4 min read
The economic profit measure developed in the Crux of Capitalism initiative is based solely on reported firm performance. As such it departs from established metrics of the national business environment...
16 January 2024 • by Camilla Erencin, Simon J. Evenett, Alexander Gruber, Felix Reitz in Competitiveness • 5 min read
To make fair comparisons between capitalist economies, it's important to take non-listed firms into account....
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