Purpose: The purpose of this study is to explore whether different board diversity attributes (corporate governance aspect) can be used to predict financial distress. This study also aims to identify what type of prediction models are more applicable to capture board diversity along with...

As recent studies have begun to pay increasing attention to financial distress prediction (FDP), this study compares the performance of static, dynamic and machine learning (ML) models in predicting the financial distress of firms. Balanced and imbalanced datasets of Chinese listed firms that...