Small and medium-sized enterprises (SMEs) are the backbone of every economy. So, when
an external crisis jeopardizes markets, such as the recent COVID-19 outbreak, SMEs are hit …

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 …

Purpose The purpose of this study is to empirically investigate determinants of financial
distress among small and medium-sized enterprises (SMEs) during the global financial …

This study reviews the methodologies used in the literature to predict failure in small and
medium-sized enterprises (SMEs). We identified 145 SMEs' default prediction studies from …

Numerous research studies deal with the issue of researching the impacts on credit risk
determinants in the SME segment. The study of economic factors that are easier to quantify …

Conflicting rankings corresponding to alternative performance criteria and measures are
mostly reported in the mono-criterion evaluation of competing distress prediction models …

Research background: Improving business conditions and SME development are signs of a
country's macroeconomic stability. The issue of identifying and removing barriers to the …

In this paper, we compare two different approaches to estimate the credit risk for small-and
mid-sized businesses (SMBs), namely a classic parametric approach, by fitting an ordered …

So far, the dominant comparative studies of competing distress prediction models (DPMs)
have been restricted to the use of static evaluation frameworks and as such overlooked their …

The goal of this paper is to build an operational model for assessing creditworthiness of
innovative small and medium-sized enterprises. To this purpose, a novel multicriteria …