Michala, Dimitra; Grammatikos, Theoharry; Ferreira … - 2013
We develop distress prediction models for non-financial small and medium sized enterprises (SMEs) using a dataset from … many micro companies, it offers unique insights into European small businesses. Second, it explores distress in a multi …-country setting, allowing for regional and country comparisons. Third, the models can capture changes in overall distress rates and co …