Bankruptcy Prediction Analysis using Altman Z-Score, Springate, and Zmijewski Methods
Jurnal Ilmu Keuangan dan PerbankanThis study aims to predict the bankruptcy of retail companies listed on the Indonesia Stock Exchange for the period 2020-2022 using the Altman Z-Score, Springate, and Zmijewski methods, and test for significant differences between the prediction results
Regita Regita +3 more
doaj +1 more source
Company scaling and its deviations: New indicators for enterprise evaluation and bankruptcy prediction. [PDF]
PLoS One, 2023 Xu J, Chen X, Wen L, Zhang J.
europepmc +1 more source
Predicting Corporate Social Ratings Using Machine Learning Models
Corporate Social Responsibility and Environmental Management, EarlyView.ABSTRACT This study predicts Korean firms' environmental, social, and governance (ESG) social ratings by integrating firm‐performance indicators, human resource management indicators based on Global Reporting Initiative (GRI) Social Standards, and Job Planet‐based employee‐experience signals.
Eunjung Jung, Ahrom Kang, Joongsan Oh
wiley +1 more source
Does the bankrupt cheat? Impact of accounting manipulations on the effectiveness of a bankruptcy prediction. [PDF]
PLoS One, 2023 Mućko P, Adamczyk A.
europepmc +1 more source
An Integrative Analysis of Business Bankruptcy in Australia. [PDF]
This paper proposes an integrative and dynamic approach for analyzing business failure. The simulaneous estimation results obtained with Australian data indicate significant associations between bankruptcy rates in different industries.
Levy, A., Cheung, L.
core
Artificial intelligence and liquidation: Reality, destiny and fantasy
International Insolvency Review, EarlyView.Abstract Artificial intelligence (AI) is increasingly reshaping the administration of corporate liquidation. Beyond its established role in financial prediction and data analytics, AI is now assisting insolvency practitioners in identifying the onset of financial distress, managing creditor communications, tracing and valuing assets and enhancing ...
Kai Zhang, Jingchen Zhao
wiley +1 more source
International Insolvency Review, EarlyView.Abstract A key goal of the Capital Markets Union (CMU) Action Plan is to establish a functioning bond market, offering businesses finance options beyond traditional bank loans and creating a stable source of financing for the real economy across the EU.
Maryam Malakotipour
wiley +1 more source
Applicational Investigation of Altman and Fulmer Bankruptcy Prediction Models in Tehran Stock Exchange [PDF]
بررسیهای حسابداری و حسابرسی, 2009 Bankruptcy prediction is one of the major business classification topics. Owners, managers, investors, creditors and business partners, as well as governmental institutions are interested in assessing the financial position of firms.
Fereidoon Rahnamaie Roodposhti +2 more
doaj
Developing a Z‐ESG Score Model for Assessing Corporate ESG Performance
International Journal of Finance &Economics, EarlyView.ABSTRACT In this study we develop a novel, unique ESG rating model that exploits the logic of the Z‐score by Altman (1968) to discriminate between ESG performing and non‐ESG performing firms using indicators of ESG performance for each of the three pillars (Environmental, Social, Governance) in place of financial ratios.
Edward I. Altman +3 more
wiley +1 more source
Impact of Business Cycle on the Market Variables in Bankruptcy Prediction with Genetic Algorithm [PDF]
پژوهشهای حسابداری و حسابرسی عملیاتی و عملکرد, 2018 The business cycle is the expression of the change in economic and commercial activity over time, which this change in economic activity can lead to the flourishing or bankruptcy of companies, which is considered in the context of bankruptcy.
roya darabi, Aseeh farazandehnia
doaj