Matenda, Frank Ranganai; Sibanda, Mabutho; Chikodza, Eriyoti - In: Risks : open access journal 10 (2022) 10, pp. 1-24
In this study, we design stepwise ordinary least squares regression models using various amalgamations of firm features, loan characteristics and macroeconomic variables to forecast workout recovery rates for defaulted bank loans for private non-financial corporates under downturn conditions in...