Essays about: "Bankruptcy prediction model"

Showing result 21 - 25 of 34 essays containing the words Bankruptcy prediction model.

  1. 21. Does recasted data improve the predictive accuracy of bankruptcy prediction models?

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Patrik Olofsson; Philip Berntsson; [2017]
    Keywords : Bankruptcy prediction model; reported financial data; adjusted financial data; off-balance sheet debt; bankruptcy prediction accuracy; Business and Economics;

    Abstract : This paper examines conventional bankruptcy prediction models under the thesis that such models perform better when applied to adjusted financial statement data, rather than to reported data. This hypothesis is tested by revisiting already existing bankruptcy models as well as developing two new models for predicting imminent corporate failures. READ MORE

  2. 22. Z-Altman's model effectiveness in bank failure prediction-The case of European banks

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Charalampos-Orestis Manousaridis; [2017]
    Keywords : European banks; financial health; prediction models; multivariate discriminant analysis; Z-score model; Altman; Business and Economics;

    Abstract : The corporate bankruptcy is a significant problem for economy since it is considered as a limiting factor for economic growth. The financial crisis that broke out in USA on 2007 as a result of miscalculated subprime mortgage strategies turn into a full international banking crisis affecting successively the European banks, especially those of South European countries. READ MORE

  3. 23. The economic importance of earnings manipulation

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Pourya Hashemi; Anton Jonsson; [2017]
    Keywords : Earnings manipulation; Fundamental value; Bankruptcy risk prediction;

    Abstract : Although studies have analyzed the effects of earnings manipulation on stock prices and the cost of capital, the measurements have been prone to error and little emphasis has been put on the fundamental effects. Therefore, the main purpose of this study has been to describe the economic importance of earnings manipulation. READ MORE

  4. 24. Absolute & Relative Credit Quality Assessment

    University essay from Lunds universitet/Matematisk statistik

    Author : Mattias Karlsson; Svante Dieden Sandell; [2016]
    Keywords : Credit Quality Assessment; Default Bankruptcy Prediction; Altman Z-score; Ohlson O-score; Logistic Regression; Rare-Event Bias Correction.; Mathematics and Statistics;

    Abstract : The lack of availability and relevance of both credit ratings and traded market instruments, forces nancial institutions to nd alternative ways to validate the credit qualities of their counterparties. To address this issue, existing bankruptcy prediction models are evaluated and re-estimated. READ MORE

  5. 25. Models of Bankruptcy Prediction Since the Recent Financial Crisis: KMV, Naïve, and Altman’s Z- score

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : I Ting Hsiao; Lei Gao; [2016]
    Keywords : Default risk; Altman’s Z-score; KMV model; Naïve model; Receiver Operating Curve; Business and Economics;

    Abstract : Corporate bankruptcy prediction has become a popular research topic since 1960s, and default risk management plays a more significant role among investors, debtors and the lenders. The Altman’s z-score model, the KMV model, and the Naïve model are well-known and widely used bankruptcy prediction models. READ MORE