Lukason, Oliver; Andresson, Art - In: Journal of risk and financial management : JRFM 12 (2019) 4/187, pp. 1-13
This paper aims to compare the usefulness of tax arrears and financial ratios in bankruptcy prediction. The analysis is based on the whole population of Estonian bankrupted and survived SMEs from 2013 to 2017. Logistic regression and multilayer perceptron are used as the prediction methods. The...