Lin, Chia-Liang; Wang, Kuan-Min - In: Journal of Chinese Economic and Business Studies 9 (2011) 3, pp. 301-316
bankruptcy risks. The empirical results indicated that the rolling-logit model, compared with the benchmark model, exhibited … higher overall accuracy. The successful predictive performances were attributed to a recall mechanism in the rolling-logit … model, measuring a corporation's risks on the basis of consistent information across time. However, this study had …