Genriha, Irina; Pettere, Gaida; Voronova, Irina - In: International Journal of Banking, Accounting and Finance 3 (2011) 1, pp. 31-46
by foreign authors to assess insolvency risk, which were validated on the database of Latvian companies. The authors have … of financial indicators of Latvian companies. The authors developed a three-factor model that estimates probability of … default of Latvian enterprises based on historical data for 1,272 enterprises using binary logistic regression analysis. …