Similar Search Results

A Hybrid Device of Self Organizing Maps (SOM) and Multivariate Adaptive Regression Splines (MARS) for the Forecasting of Firms’ Bankruptcy

ANDRES, Javier DE; SÁNCHEZ-LASHERAS, Fernando; LORCA, Pedro - In: Journal of Accounting and Management Information Systems 10 (2011) 3, pp. 351-374

This paper proposes a hybrid approach to the forecasting of firms’ bankruptcy of Spanish enterprises from the …

Persistent link: https://www.econbiz.de/10010611109

Determinants of the Choice of Formal Bankruptcy Procedure: An International Comparison of Reorganization and Liquidation

Wang, Chien-An - In: Emerging Markets Finance and Trade 48 (2012) 2, pp. 4-28

Application of a logit regression model to 555 bankruptcy filings from 30 countries from 1993 to 2009 provides insight … into the factors that determined the outcomes of two formal bankruptcy resolution procedures, reorganization, and … than the formalism on debtor rights written in the law books had. A higher bank debt ratio did not necessarily favor …

Persistent link: https://www.econbiz.de/10010612783

Risks of the indebtedness of the local government sector from the point of view of financial stability

Aczél, Ákos; Homolya, Dániel - In: MNB Bulletin 6 (2011) 3, pp. 7-14

This article explores the risks that arise as local governments become indebted. The article is based on interviews conducted with the heads of the local government business branches of the most important credit institutions in terms of local government financing, as well as related data, such...

Persistent link: https://www.econbiz.de/10010612983

Corporate failure diagnosis in SMEs: A longitudinal analysis based on alternative prediction models

Kosmidis, Kosmas; Stavropoulos, Antonios - In: International Journal of Accounting and Information … 22 (2014), pp. 49-67

Purpose –The main purposes of this paper are to provide evidence about corporate failure diagnosis in SMEs, identify the predictor variables that enhance the accuracy of the corporate failure diagnosis models, and perform comparative analysis of the proposed models with the existing...

Persistent link: https://www.econbiz.de/10010814585

Competitive strategy and industry contagion following traditional Chapter 11 bankruptcy announcements

Hunsader, Kenneth; Delcoure, Natalya; Pennywell, Gwendolyn - In: Managerial Finance 39 (2013), pp. 1032-1055

Purpose – The purpose of this paper is to investigate the effect of bankruptcy announcements on the bankrupt firm … effects when a firm within the industry announces a bankruptcy. Extending current research, the paper finds strategic … is more uncertain as substantiated by the difference between traditional and non-traditional bankruptcy filings …

Persistent link: https://www.econbiz.de/10010814899

Symptoms of Bankruptcy and Prediction Models of Bankruptcy Risk

Daniela, CIOTINA; Marius, CIOTINA Ioan - In: Anale. Seria Stiinte Economice. Timisoara XIX (2013) May, pp. 114-121

This paper makes a brief literature review on symptoms of bankruptcy and prediction models of bankruptcy risk. When it … comes to bankruptcy we must start from the symptoms that lead to the financial failure of a company. Financial failure or … bankruptcy of a company is an event that may cause losses to banks, suppliers, shareholders and the wider community; they are …

Persistent link: https://www.econbiz.de/10010815331