{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2025,10,17]],"date-time":"2025-10-17T13:46:07Z","timestamp":1760708767773,"version":"3.41.2"},"reference-count":6,"publisher":"Emerald","issue":"2","license":[{"start":{"date-parts":[[2012,8,17]],"date-time":"2012-08-17T00:00:00Z","timestamp":1345161600000},"content-version":"tdm","delay-in-days":0,"URL":"https:\/\/www.emerald.com\/insight\/site-policies"}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":[],"published-print":{"date-parts":[[2012,8,17]]},"abstract":"Purpose<\/jats:title>By making an analogy with the human body, the purpose of this paper is to underline the relations between a firm's failure causes and its current situation, in terms of the syndrome that can be identified at its level.<\/jats:p><\/jats:sec>Design\/methodology\/approach<\/jats:title>For this reason, some elements taken from medicine, such as symptoms, causes and syndromes are presented and characterized from the point of view of the firm.<\/jats:p><\/jats:sec>Findings<\/jats:title>It is shown that knowing the type of syndrome and the relation between it and the causes that determined its occurrence, a firm's situation can be improved and its life can be lengthened. The study was conducted on 19 firms and the results are conclusive.<\/jats:p><\/jats:sec>Practical implications<\/jats:title>By knowing the main causes that determine a certain type of bankruptcy syndrome, the firm's management can properly intervene to establish a new order and a new equilibrium, which can \u201csave\u201d the firm from an imminent collapse, bringing it to a normality situation and even leading it, in future, to increased performance.<\/jats:p><\/jats:sec>Originality\/value<\/jats:title>The paper succeeds in shaping the relation between a firm's situation, its symptoms, the bankruptcy syndrome and the causes that led to a certain situation. Using one of the newest developed theories \u2013 the grey systems theory \u2013 and one of the newest concept used in firms' diagnosis \u2013 the bankruptcy syndrome \u2013 the paper extends the characteristics of this term and uses it in determining the causes that generate anomalies at firm level.<\/jats:p><\/jats:sec>","DOI":"10.1108\/20439371211260199","type":"journal-article","created":{"date-parts":[[2014,11,13]],"date-time":"2014-11-13T12:10:36Z","timestamp":1415880636000},"page":"229-239","source":"Crossref","is-referenced-by-count":14,"title":["Grey relational analysis between firm's current situation and its possible causes"],"prefix":"10.1108","volume":"2","author":[{"given":"Camelia","family":"Delcea","sequence":"first","affiliation":[]},{"given":"Emil","family":"Scarlat","sequence":"additional","affiliation":[]},{"given":"Virginia","family":"M\u0103r\u0103cine","sequence":"additional","affiliation":[]}],"member":"140","reference":[{"key":"key2022020820254521200_b1","unstructured":"Delcea, C. and Simion, C. (2011), \u201cThe incidence of bankruptcy's syndrome on firm's current situation and future evolution\u201d, Economic Computation and Economic Cybernetic Studies and Research, Vol. 45."},{"key":"key2022020820254521200_b6","doi-asserted-by":"crossref","unstructured":"Feng, D., Qiugmei, T. and Xiaohui, L. (2009), \u201cThe relationship between Chinese energy consumption and its GDP: an econometric analysis based on the grey relational analysis (GRA)\u201d, Proceedings of the IEEE GSIS Conference, Nanjing, China, pp. 153\u20107.","DOI":"10.1109\/GSIS.2009.5408333"},{"key":"key2022020820254521200_b2","doi-asserted-by":"crossref","unstructured":"Janssen, M. and Kuk, G. (2006), \u201cA complex adaptive system perspective of enterprise architecture in electronic government\u201d, Proceedings of the 39th Hawaii International Conference on System Science, pp. 1\u201010.","DOI":"10.1109\/HICSS.2006.6"},{"key":"key2022020820254521200_b5","unstructured":"Liu, S. and Lin, Y. (2005), Grey Information: Theory and Practical Applications, Springer, London."},{"key":"key2022020820254521200_b3","doi-asserted-by":"crossref","unstructured":"Scarlat, E. and Delcea, C. (2011), \u201cComplete analysis of bankruptcy syndrome using grey systems theory\u201d, Grey Systems: Theory and Applications, Vol. 1 No. 1, pp. 19\u201023.","DOI":"10.1108\/20439371111106704"},{"key":"key2022020820254521200_b4","doi-asserted-by":"crossref","unstructured":"Vigier, H.P. and Terceno, A. (2008), \u201cA model for prediction of \u2018diseases\u2019 of firm by means of fuzzy relations\u201d, Fuzzy Sets and Systems, Vol. 159, pp. 2299\u2010316.","DOI":"10.1016\/j.fss.2008.01.015"}],"container-title":["Grey Systems: Theory and Application"],"original-title":[],"language":"en","link":[{"URL":"http:\/\/www.emeraldinsight.com\/doi\/full-xml\/10.1108\/20439371211260199","content-type":"unspecified","content-version":"vor","intended-application":"text-mining"},{"URL":"https:\/\/www.emerald.com\/insight\/content\/doi\/10.1108\/20439371211260199\/full\/xml","content-type":"application\/xml","content-version":"vor","intended-application":"text-mining"},{"URL":"https:\/\/www.emerald.com\/insight\/content\/doi\/10.1108\/20439371211260199\/full\/html","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2025,7,24]],"date-time":"2025-07-24T23:52:39Z","timestamp":1753401159000},"score":1,"resource":{"primary":{"URL":"http:\/\/www.emerald.com\/gs\/article\/2\/2\/229-239\/79068"}},"subtitle":["A bankruptcy syndrome approach"],"short-title":[],"issued":{"date-parts":[[2012,8,17]]},"references-count":6,"journal-issue":{"issue":"2","published-print":{"date-parts":[[2012,8,17]]}},"alternative-id":["10.1108\/20439371211260199"],"URL":"https:\/\/doi.org\/10.1108\/20439371211260199","relation":{},"ISSN":["2043-9377"],"issn-type":[{"type":"print","value":"2043-9377"}],"subject":[],"published":{"date-parts":[[2012,8,17]]}}}