In Research of Optimal Model for Predicting Bankruptcy

In this study we tried to compare two models in order to identify optimal neural networks models in predicting bankruptcy. Multi-layered perceptron (MLP) because of easy training and high efficiency and also integrated multi-layered perceptron (most used neural network in predicting bankruptcy) with new imperialist competitive algorithm (MLP-ICA) are used in this study. Research sample consist of 70 bankrupts and non-bankrupt company in 2001-2009 and in listed firms of Tehran Stock Exchange. Results indicate that notwithstanding their good performance, they aren't any significant difference in their performance