-Packaged-Plan ; Eigenverwaltung ; insolvency ; bankruptcy code ; liquidation ; liquidator ; insolvency plan ; chapter 11 plan ; Pre-Packaged-Plan …

Despite the number of studies on bankruptcy prediction using financial ratios, very little is known about how external … bankruptcy situation with the same accuracy as if they had scrutinized the whole report. In addition, an extended literature … review is included, on previous studies on the interaction between bankruptcy prediction and the external audit information. …

bankruptcy filing, with a double purpose: to propose a classification of the content of audit reports and to examine the …, the quarter on which the court order is imposed and the resolution of the bankruptcy procedure, whereas comments are …

English Abstract: Conventional financial and bankruptcy-forecasting models usually produce static diagnostics. However …

respond to the estimation risk associated with predicting the future bankruptcy outcomes of their audit clients. Consistent … going concern opinions and are more likely to resign when the standard errors surrounding the point estimates of bankruptcy …

realization of an uncertain event. First, we estimate the client's probability of bankruptcy in our sample. Second, using the … distribution of the probability of bankruptcy we calculate the entropy at each point of the probability of bankruptcy. We find that … entropy is maximized at the 0.08 probability of bankruptcy …