firms are better candidates for a high-growth path. Following the intuition behind the credit
scoring model (ie, Z-score model), we consider the idea that the balance sheet in the period
preceding the high growth affects the balance sheet at the time of the exceptional growth. To
this end, we used a quantile regression and a TOBIT analysis that discriminates, according
to a defined threshold, among the financial data of two groups of firms (High growth and Non …