The institution of bankruptcy is necessary and obligatory in any market economy. In most cases, a company's bankruptcy is determined by the simultaneous effect of several causes, both internal and external. This problem has a significant importance in the field of the management theory and practice, internal planning and control of the enterprise. The study of different approaches regarding the factors causing bankruptcy identification is characterised by a large variety of theoretical and applicative approaches. It is impossible to formulate some recommendations of bankruptcy analysis or/and assessment in corporate sector without knowing the justified essence of bankruptcy causes. In the work hereby, some aspects of the causes of bankruptcy in the corporate sector have been analysed. To achieve the purpose of the research, the dialectical method with its inherent processes were used. The presence of these aspects of scientific investigation gives the article originality and update.