Abstract: This research paper aims to: • identify and examine characteristics in cases of Indigenous corporate failure • comparatively examine the literature on corporate failure within an Indigenous context • provide an analysis of the evidence for consideration in regulatory and policy approaches to Indigenous corporate failure. This research paper examines 93 cases of corporate failure within Indigenous corporations incorporated under the Corporations (Aboriginal and Torres Strait Islander) Act 2006 (CAT SI Act) between April 1996 and July 2008.1 For this paper, corporate failure is defined as a corporation that has been subject to external administration2 initiated by the Registrar of Indigenous Corporations (the Registrar). This paper identifies 23 symptoms of corporate failure. From the symptoms prominent themes were identified and synthesised into seven classes. Each corporation that failed was categorised into a class.