We estimate the impact of the COVID-19 pandemic on credit risk changes on a large sample of Polish SME firms. The … expected downturn in the real economy. Based on scenario analysis on individual firm financial data, we analyze rating … transitions under multiple potential scenarios, focusing on the deterioration of the SME firms' profits, working capital including …

SME default prediction is a long-standing issue in the finance and management literature. Proper estimates of the SME … risk of failure can support policymakers in implementing restructuring policies, rating agencies and credit analytics firms …- and employee-related variables into SME prediction models can improve their predictive power. To test our hypotheses, we …

SME default prediction is a long-standing issue in the finance and management literature. Proper estimates of the SME … risk of failure can support policymakers in implementing restructuring policies, rating agencies and credit analytics firms …- and employee-related variables into SME prediction models can improve their predictive power. To test our hypotheses, we …