Ooghe, Hubert; Balcaen, Sofie - In: Multinational Finance Journal 11 (2007) 1-2, pp. 33-76
Faced with the question as to whether failure prediction models can easily be transferred and applied to a new data setting, this study examines the performance of seven models on a dataset of Belgian company failures after re-estimation of the coefficients. The validation results indicate that...