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The article “Macroeconomic determinants of corporate failures. Evidence from Romania and Spain” by Ion Anghel, Calcedonia Enache, Fernando Merino published in Journal of Business Economics and Management, 21(3), 743–759, https://doi.org/10.3846/jbem.2020.12217, contained the following errors: • Some information in the 5th graph about Jmax was not given in Table 2, page 752. • Information for Spain should be added in Figures 2 and 3 in page 753. • Some results in Table 4 should be presented in bold in page 754. These have been corrected. The publisher and the authors Ion Anghel, Calcedonia Enache, Fernando Merino apologise for the errors.