The Relevance and Utility of Distress Risk and Corporate Failure Forecasts -- Searching for the Holy Grail: Alternative Statistical Modelling Approaches -- The Rise of the Machines -- An Empirical Application of Modern Machine Learning Methods -- Corporate Failure Models for Private Companies,...

There is a consensus that the best way to forecast customer churn is by statistical methods. It is, however, unclear when which statistical method is more appropriate. This study aims to provide a set of guidelines to data scientists and researchers who are interested in optimizing statistical...