Subject What distinguishes Russia's economy today is a growing number of business entities going bankrupt and damage to third party stakeholders (bona fide creditors). Objectives The study finds what hampers a proactive approach to interpreting the concept of deliberate bankruptcy, substantiating the differentiation of behavioral types of business entities, which allows to divide the genuine and deliberate insolvency, explaining substantial signs of intentional actions a business entity undertakes to go bankrupt, which third party stakeholders note to detect mala fide debtors. Methods Studying the interpretation of deliberate bankruptcy, we apply general research methods, such as a dialectical method, analysis and synthesis, induction and deduction, and a special method for a semantic analysis. Results We unfolded the concept of deliberate bankruptcy of business entities in terms of a proactive approach of third party stakeholder to identifying mala fide debtors. Conclusions and Relevance The proactive approach helps specify what deliberate bankruptcy of business entities means from perspectives of third party stakeholders, showing key signs of business behavior (compliance with institutional standards and restrictions, opportunistic behavior of business entities), such as deliberation and bad faith. Doing so, it is possible to delegate the identification of deliberate bankruptcy cases to third party stakeholders instead of special entities, explain behavioral types of business entities, propose a set of reference signs so that third party stakeholders could early trace intentions about deliberate bankruptcy.
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