While using the binary quantile regression (BQR) model, we establish a hybrid bankruptcy prediction model with dynamic loadings for both the accounting-ratio-based and market-based information. Using the proposed model, we conduct an empirical study on a dataset comprising of default events...

The ability to predict financial failure forms an essential topic in financial research. The various models developed to predict the occurrence of Financial Distress and serve as an early warning system for the company's stakeholders before bankruptcy occurs. Enhanced accuracy of the predictions...