Camska, Dagmar; Klecka, Jiri - In: Journal of risk and financial management : JRFM 13 (2020) 3/52, pp. 1-16
As a rule, the economy regularly undergoes various phases, from a recession up to expansion. This paper is focused on models predicting corporate financial distress. Its aim is to analyze impact of individual phases of the economic cycle on final scores of the prediction models. The prediction...
