Ledwon, Andreas V.; Jäger, Clemens C. - In: ACRN journal of finance and risk perspectives 9 (2020) 1, pp. 57-77
This study evaluates three corporate failure prediction models using latest available data on corporate insolvencies for non-financial constitutes represented in CDAX. We estimate semiparametric Cox proportional hazards models considering Andersen-Gill counting process (AG-CP) to explore the...