Over the last 35 years, business failure prediction has become a major research domain
within corporate finance. Numerous corporate failure prediction models have been …

Published in 1997, this text focuses on the conundrum between the academics ability to
distinguish between failing and non-failing businesses with models of over 85.5 per cent …

Financial distress prediction is a central issue in empirical finance that has drawn a lot of
research interests in the literature. This paper aims to predict the financial distress of French …

The considerable interest in the prediction of business failures is reflected in the large
number of studies presented in the literature. Various methods have been used to construct …

Purpose–The incidence of important bankruptcy cases has led to a growing interest in
corporate bankruptcy prediction models since the 1960s. Several past reviews of this …

The main purpose of this study is to examine the incremental information content of
operating cash flows in predicting financial distress and thus develop reliable failure …

The present study applies empirical methods to the problem of predicting large US
commercial bank failures. Due to sampling limitations, scant research has examined the …

The paper investigates the determinants of bankruptcy in three representative unbalanced
samples of Italian firms for the periods 1989–91, 1992–94 and 1995–97. Two important …

Throughout the 1980s there has been continued interest in developing financial distress
prediction models for both large and small firms. There has, however, been no survey of this …

Theoretically-driven, market-based contingent claims models have recently been applied to
the field of corporate insolvency prediction in an attempt to provide the art with a theoretical …