A practical approach to bankruptcy prediction for small businesses: Substituting the unavailable financial data for credit card sales information

JS Yoon, YS Kwon - Expert systems with Applications, 2010 - Elsevier
Small businesses are open to the elements of both consumer and business credit risks. One
of the problems in bankruptcy prediction for small businesses is that the official financial data …

Bankruptcy prediction models' generalizability: Evidence from emerging market economies

IO Oz, C Simga-Mugan - Advances in accounting, 2018 - Elsevier
Even as modern researchers and practitioners recognize the critical need for more accurate
bankruptcy and distress prediction models, a lack of consensus remains regarding how …

Review of research into enterprise bankruptcy prediction in selected central and eastern European countries

B Prusak - International Journal of Financial Studies, 2018 - mdpi.com
In developed countries, the first studies on forecasting bankruptcy date to the early 20th
century. In Central and Eastern Europe, due to, among other factors, the geopolitical …

Comparative analysis of bankruption prediction models in property and real estate sector companies listed on the idx 2017-2019

F Andriani, P Sihombing - European Journal of Business and …, 2021 - ejbmr.org
This study takes the topic of comparative analysis of bankruptcy prediction models in the
Property and Real Estate Sector companies listed on the IDX in 2017-2019. In this case, the …

Systematic review of bankruptcy prediction models: Towards a framework for tool selection

HA Alaka, LO Oyedele, HA Owolabi, V Kumar… - Expert Systems with …, 2018 - Elsevier
The bankruptcy prediction research domain continues to evolve with many new different
predictive models developed using various tools. Yet many of the tools are used with the …

[HTML][HTML] Economic policy uncertainty and bankruptcy filings

E Fedorova, S Ledyaeva, P Drogovoz… - International Review of …, 2022 - Elsevier
Applying machine learning techniques to predict bankruptcy in the sample of French, Italian,
Russian and Spanish firms, the study demonstrates that the inclusion of economic policy …

Bankruptcy models: Verifying their validity as a predictor of corporate failure

M Kovacova, T Kliestik, P Kubala… - Polish journal of …, 2018 - pjms.zim.pcz.pl
Although the issue of corporate failure analysis is a hot topic for business research since the
last century, even nowadays there are numerous researches focusing on assessing the …

Dynamization of bankruptcy models via indicator variables

T Nyitrai - Benchmarking: An International Journal, 2019 - emerald.com
Purpose The purpose of this paper is to enhance the predictive power of bankruptcy
prediction models by taking the past values of firms' financial ratios as benchmark. For this …

Analysis of impact of using the trend variables on bankruptcy prediction models performance

B Gavurova, F Janke, M Packova, M Pridavok - Ekonomický časopis, 2017 - ceeol.com
The main objective of this paper is to analyse the impact of trend variables on the predictive
ability of the models constructed using two methods: discriminant analysis and decision tree …

Rethinking SME default prediction: a systematic literature review and future perspectives

F Ciampi, A Giannozzi, G Marzi, EI Altman - Scientometrics, 2021 - Springer
Over the last dozen years, the topic of small and medium enterprise (SME) default prediction
has developed into a relevant research domain that has grown for important reasons …