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
Feature selection for bankruptcy prediction: a multi-objective optimization approach [PDF]
, 2010 In this work a Multi-Objective Evolutionary Algorithm (MOEA) was applied for feature selection in the problem of bankruptcy prediction. The aim is to maximize the accuracy of the classifier while keeping the number of features low.
Vieira, Armando +17 more
core +1 more source
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
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
Global Oil and Gas Stocks: Anomalies, Systematic Risks and Mispricing
International Journal of Finance &Economics, EarlyView.ABSTRACT We analyse anomaly and factor risk premia in the global oil and gas (OG) sector, which plays a central role in the global economy through its importance for energy supply, industrial production, and capital markets. Using firm‐level and portfolio data, we examine whether cross‐sectional return patterns reflect systematic risk compensation or ...
Nader Virk +3 more
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
Irrigation and Drainage, EarlyView.ABSTRACT A recent UN report describes many regions as facing ‘water bankruptcy,’ a condition in which available water resources can no longer meet existing demands. In practice, this means irrigation will likely bear the greatest burden of future water‐use reductions, a complicated and fraught decision to make given its critical role in food security ...
Wim G. M. Bastiaanssen +30 more
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
Credit Risk, Default Loss, and the Economics of Bankruptcy [PDF]
The negotiating strategies of parties to a corporate bankruptcy are shaped by the rules and procedures of bankruptcy law. The rules have an asymmetric impact on the debtor and its creditors.
John F. Crean
core