Niklis, Dimitrios; Doumpos, Michalis; Zopounidis, Constantin - In: International Journal of Sustainable Economies … 7 (2018) 3, pp. 50-64
The assessment of businesses' credit risk is a difficult and important process in the area of financial risk management. In a classical multivariate model, financial ratios are combined in order to achieve a credit risk score, which signals if a loan application is approved or discarded. Despite...