Essays about: "Zmijewski model"

Found 3 essays containing the words Zmijewski model.

  1. 1. Bankruptcy prediction models on Swedish companies.

    University essay from Umeå universitet/Företagsekonomi

    Author : Jocelyn Charraud; Adrian Garcia Saez; [2021]
    Keywords : Bankruptcy prediction models; Ohlson model; Altman model; Zmijewski model; Sweden; logistic regression; probit regression; AUC; Youden index; Liu index;

    Abstract : Bankruptcies have been a sensitive topic all around the world for over 50 years. From their research, the authors have found that only a few bankruptcy studies have been conducted in Sweden and even less on the topic of bankruptcy prediction models. READ MORE

  3. 2. Financial Distress and Governance Structure

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Joran Poortstra; Dawid Marton; [2019]
    Keywords : financial distress; corporate governance; Altman Z-score; Ohlson O-score; Zmijewski score; Business and Economics;

    Abstract : Topics of financial distress and corporate governance structure have attracted many researchers before. However, no one combined the three distress models of Altman (1968), Ohlson (1980) and Zmijewski (1984) with corporate governance variables. READ MORE

  4. 3. IN SEARCH OF A PARSIMONIOUS BANKRUPTCY MODEL FOR PRIVATE FIRMS AND THE COST TO LENDERS

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : John-Edward Olingsberg; Oscar Küntzel; [2019]
    Keywords : Private Default Prediction; Hazard Model; Basel III; Misclassification Costs; Parsimonious;

    Abstract : This paper comprehensively reviews in excess of 200 financial and non-financial covariates in search of a parsimonious bankruptcy prediction model for the private market. Financial and real-estate companies aside, the entire population of Swedish independent, limited liability companies are examined between 1998-2017 corresponding to 245,844 unique companies and 55,411 corporate default events. READ MORE