The financial literature regarding bankruptcy prediction models includes the application of
several statistical tools which have progressively become accessible. This paper explores …

This paper examines the efficiency of Altman's model (1968) about predicting corporate
bankruptcy in Greece. After a short presentation of other bankruptcy models, Altman's model …

Literature shows some bankruptcy methods for determining the financial distress status of
companies and based on this information we chosen Altman statistical model because it has …

There are currently a number of formulas that are able to predict the bankruptcy of a
company (socalled" bankruptcy prediction formulas"). One of the most frequently mentioned …

The investors are always trying to prevent from losing their capital ad interest through
predicting the probability of the bankruptcy of a Company since in the event of the …

The aim of thisstudy is to apply the Altman Z Score Model developed by Edward I. Altman
and used to predict financial failures of businesses, and to apply on companies operating in …

This study initially decodes and analyzes the financial robustness of companies that
bankrupt in 2012, aiming to determine with the use of historical data the factors that could …

The applicability and predictive power of the models for predicting future corporate
bankruptcy depend on both the selection of the individual indicators that are chosen to …

The manifestation of financial crisis leads to the appearance or the increase of the risk of
bankruptcy. Therefore, the analysis of bankruptcy risk interests a number of users …

The Altman's model is a multiple discriminant analysis bankruptcy model that uses ordinarily
accepted criteria that may provide a useful decision rule to predict financial distress in firms …