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Bankruptcy Prediction

Bankruptcy prediction and neural networks: The contribution of variable selection methods

Bankruptcy prediction and neural networks: The contribution of variable selection methods

... The history of bankruptcy prediction models may be divided into two main periods. The first starts with Altman’s [1] and Ohlson’s [2] models. During this period, which goes from the late 1960’s to the late ...

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Accuracy rate of bankruptcy prediction models for the Dutch professional football industry

Accuracy rate of bankruptcy prediction models for the Dutch professional football industry

... the bankruptcy prediction models of Altman (1968,2000), Ohlson (1980) and Zmijewski (1984) for the Dutch professional football ...on bankruptcy changes over industries and time it will be interesting ...

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Bankruptcy Prediction of Engineering Companies in the EU Using Classification Methods

Bankruptcy Prediction of Engineering Companies in the EU Using Classification Methods

... the bankruptcy prediction model using MDA, Logit, NN and SVM with a radial basis function (RBF) ...the prediction accuracy of SVM is better than NN, MDA and Logit by ...

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A new classifier based on the reference point method with application in bankruptcy prediction

A new classifier based on the reference point method with application in bankruptcy prediction

... The remainder of this paper unfolds as follows. In section 2, we provide a detailed description of the proposed integrated in-sample and out-of-sample framework for RPM classifiers and discuss implementation decisions. ...

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BANKRUPTCY PREDICTION OF FIRMS USING THE DATA MINING METHOD

BANKRUPTCY PREDICTION OF FIRMS USING THE DATA MINING METHOD

... of Bankruptcy Prediction using Altman, Logit and Artificial Neural Network Models”, Garkaz and Barzegar Khandoozi (2010) analyzed this issue during the 2003-2009 period; financial ratios in neural network ...

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Systematic Review of Bankruptcy Prediction Models: Towards A Framework for Tool Selection

Systematic Review of Bankruptcy Prediction Models: Towards A Framework for Tool Selection

... without comparison to any other tools. Jeong et al. (2012) and Bemš et al. (2015) showed that it was the least accurate when compared to SVM, DT, ANN, MDA and LR (Table 2). Only Cho et al. (2010), who presented an ...

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Comparison of Bankruptcy Prediction Models: Evidence from India

Comparison of Bankruptcy Prediction Models: Evidence from India

... of bankruptcy prediction models using multiple discriminant analysis, logistic regression and neural network for listed companies in ...Accordingly bankruptcy prediction models are developed, ...

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The Use Of Ohlson's O-Score For Bankruptcy Prediction In Thailand

The Use Of Ohlson's O-Score For Bankruptcy Prediction In Thailand

... If bankruptcy can be predicted with reasonable accuracy ahead of time, firms can better protect their businesses and can take action to minimize risk and loss of business, and perhaps even prevent the ...

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Framing Qualitative Bankruptcy Prediction Rules Using Ant Colony Algorithm

Framing Qualitative Bankruptcy Prediction Rules Using Ant Colony Algorithm

... This paper is to frame qualitative Bankruptcy Prediction (BP) rules using the concept of Ant Colony Algorithm. There are various researches in the area of qualitative BP, among them Genetic Algorithm (GA) ...

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Modeling Bankruptcy Prediction for Non Financial Firms: The Case of Pakistan

Modeling Bankruptcy Prediction for Non Financial Firms: The Case of Pakistan

... The most fundamental and crucial works in the bankruptcy prediction field is Beaver‘s empirical study (1966).The author analyzes thirty financial ratios among failed and survived firms. Employing univariate ...

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Machine Learning Methods of Bankruptcy Prediction Using Accounting Ratios

Machine Learning Methods of Bankruptcy Prediction Using Accounting Ratios

... of bankruptcy prediction is to help the enterprise stakeholders to get the comprehensive information of the ...Much bankruptcy predic- tion has relied on statistical models and got low ...

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Consideration of Uneven Misclassification Cost and Group Size for Bankruptcy Prediction

Consideration of Uneven Misclassification Cost and Group Size for Bankruptcy Prediction

... of bankruptcy prediction, credit evaluation, and its risk measurement have been considered extremely important but difficult tasks for financial institutions due to the high level of risk from wrong ...for ...

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Comparison of bankruptcy prediction models of Altman (1969), Ohlson (1980) and Zmijewski (1984) on German and Belgian listed companies between 2008 2013

Comparison of bankruptcy prediction models of Altman (1969), Ohlson (1980) and Zmijewski (1984) on German and Belgian listed companies between 2008 2013

... The prediction of financial soundness of a business has led to presence in many academic work and newspaper; especially in times of financial crises and economic ...different bankruptcy prediction ...

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Bankruptcy prediction models: How to choose the most relevant variables?

Bankruptcy prediction models: How to choose the most relevant variables?

... of bankruptcy prediction ...of bankruptcy behave in a non-linear manner and that it is hardly possible to develop accurate models as long as this non-linearity cannot be taken into ...

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An Adaptive Fuzzy Neural Network Model for Bankruptcy Prediction of Listed Companies on the Tehran Stock Exchange

An Adaptive Fuzzy Neural Network Model for Bankruptcy Prediction of Listed Companies on the Tehran Stock Exchange

... useful prediction models [3, 5, ...predicting bankruptcy of economic ...study bankruptcy of Korean companies, and compared it with multivariate discriminate ...the prediction accuracy of ...

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Corporate Bankruptcy Prediction In Pakistan By Employing Multiple Discriminant  Analysis Technique

Corporate Bankruptcy Prediction In Pakistan By Employing Multiple Discriminant Analysis Technique

... predicting bankruptcy, when it is employed on the sample population of Pakistani ...accurately prediction with ...of bankruptcy prediction in ...accurately prediction with ...perfect ...

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The Potential of Dynamic Indicator in Development of the Bankruptcy Prediction Models: the Case of Construction Companies

The Potential of Dynamic Indicator in Development of the Bankruptcy Prediction Models: the Case of Construction Companies

... The importance of working capital in bankruptcy prediction problems has been confirmed by many papers (Beaver, 1966; Altman, 1968; Ding et al., 2008; Wu, Gaunt, Grey, 2010). The results of our study also ...

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Bankruptcy Prediction Models: An Empirical Comparison

Bankruptcy Prediction Models: An Empirical Comparison

... insolvency, prediction and prevention of financial distress is one of the major factors that should be analyzed in advance as an early warning signal (Ramasundaram, ...of bankruptcy prediction is ...

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Bankruptcy Prediction Using Machine Learning

Bankruptcy Prediction Using Machine Learning

... in bankruptcy prediction ...regarding bankruptcy pre- diction, and checked to see the performance of relatively new models in the context of bankruptcy prediction that have rarely been ...

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Is the external audit report useful for bankruptcy prediction? Evidence using artificial intelligence

Is the external audit report useful for bankruptcy prediction? Evidence using artificial intelligence

... on bankruptcy prediction using financial ratios, very little is known about how external audit information can contribute to anticipating financial ...a bankruptcy situation with the same accuracy as ...

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