Sueyoshi, Toshiyuki; Goto, Mika - In: European Journal of Operational Research 199 (2009) 2, pp. 576-594
This study describes a practical use of Data Envelopment Analysis-Discriminant Analysis (DEA-DA) for bankruptcy-based performance assessment. DEA-DA is useful for classifying non-default and default firms based upon their financial performance. However, when we apply DEA-DA to a data set on...