In front of the current global financial crisis, the future existence of the firms is uncertain. The characteristics and the dynamics of the current world and the interdependences between the financial and economic markets around it demand a continuous research for new methods of bankruptcy...

This article is devoted to the issue of forecasting the bankruptcy risk of enterprises in Latin America and Central Europe. The author has used statistical and soft computing methods to program the prediction models. It compares the effectiveness of twelve different early warning models for...