Results 81 to 90 of about 1,378 (255)
ESG Performance and Corporate Bankruptcy Risk: A Pan‐European Analysis
Corporate Social Responsibility and Environmental Management, EarlyView.ABSTRACT This study analyzes how Environmental, Social, and Governance (ESG) performance affects bankruptcy risk, using data from publicly listed firms across 17 European countries over a 21‐year period. We find that higher ESG scores are significantly associated with lower bankruptcy risk, as proxied by Z‐score.
Athanasios P. Fassas
wiley +1 more source
Corporate Social Responsibility and Environmental Management, EarlyView.ABSTRACT This study examines whether the relationship between environmental, social, and governance (ESG) performance and financial performance varies across legal systems in Europe. Drawing on institutional theory, we argue that legal origins shape how sustainability practices translate into financial outcomes.
Nuria Alcalde‐Fradejas +2 more
wiley +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
Bankruptcy prediction model for private limited companies of Lithuania
Ekonomika, 2016 The paper is mainly devoted to the bankruptcy prediction models and their ability to assess a bankruptcy probability for Lithuanian companies. The study showed that the most common type of companies in Lithuania is a private limited company, therefore ...
Gediminas Šlefendorfas
doaj +1 more source
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
An overview of bankruptcy prediction models for corporate firms: A Systematic literature review
Intangible Capital, 2019 Purpose: This paper aims to provide a comprehensive overview of literature related to corporate bankruptcy prediction, to investigate and address the link between different authors (co-authorship), and to identify the primary models and methods that are ...
Yin Shi, Xiaoni Li
doaj +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
Leveraging behavioural economics to optimise personal insolvency policies
International Insolvency Review, EarlyView.Abstract Personal insolvency is governed by legal rules, but debtors encounter those rules under conditions of financial scarcity, stress, and informational complexity. Building on established behavioural economics and personal insolvency scholarship, this article examines how those conditions shape access to and use of legal relief.
Neeti Shikha, Emily Reeve
wiley +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
A model of bankruptcy prediction
, 2001 By this thesis Eivind Bernhardsen completed his cand.oecon. degree at the University of Oslo. The thesis was financed by Norges Bank and was written as a part of a project on the development of supervisory credit risk models.
openaire +3 more sources