The application of quantitative techniques for the determination of credit worthiness, i.e., the credit scoring, is a major research field for bankers and academics as it can bring about significant savings to finance institutions whilst minimising their exposure to risk. In the current work,...

This note offers an extension of Tam and Kiang (Tam, K. Y., M. Y. Kiang. 1992. Management applications of neural networks: The case of bank failure predictions. Management Sci. 38(7) 926--947.). First the weakness of the standard back propagation neural network learning algorithm is discussed,...

Discussion on methodological problems of corporate survival and solvency prediction is enjoying a renaissance in the era of financial and economic crisis. Within the framework of this article, the most frequently applied bankruptcy prediction methods are competed on a Hungarian corporate...