Background: To manage an enterprise effectively, it is necessary to analyze and diagnose
its financial condition, an activity that can warn management of dangerous business …

This paper systematically reviews the behavior of numerical indicators in predicting future
bankruptcy of companies through statistical analysis models. Following the PRISMA …

Debt financing is related to borrowing funds from enterprises and investors through bonds,
banks, or financial institutions. Interest in debt financing has been rapidly growing in recent …

Research background: Effective monitoring of financial health is essential in the financial
management of enterprises. Early studies to predict corporate bankruptcy were published at …

Predicting the risk of corporate bankruptcy is one of the most important challenges for
researchers dealing with the issue of financial health evaluation. The risk of corporate …

Contribution/Originality: This study is one of the very few studies which have investigated the
bankruptcy measurement of cement companies listed in DSE. This study contributes in the …

The present study is intended to predict the financial failure of Central Public Sector
Enterprises (CPSEs) in India using financial factors that cause the failure and show how the …

Enterprise financial risk analysis aims at predicting the future financial risk of enterprises.
Due to its wide and significant application, enterprise financial risk analysis has always been …

Small and medium-sized enterprises are seen as a source of growth, new ideas, and the
competitiveness of the economy, as they can flexibly respond to changing conditions …

This article proposes a methodology for modifying bankruptcy models. The authors focused
on the role of partial predictors in predicting companýs bankruptcy. According to the authors …