, advanced bankruptcy-prediction models are often used to achieve the highest accuracy in large modern datasets. Therefore, the … aim of this research is the creation of enterprise-bankruptcy prediction (EBP) models for Lithuanian micro and small … combined with ANNs. The findings show that two-stage hybrid models do not improve bankruptcy prediction. It cannot be argued …

Research Question - This study examines whether bankruptcy prediction models work well during recessionary periods, on … effectiveness of five of the most common bankruptcy prediction models on the listed companies of an advanced economy (Greece … follow a two-stage analysis. First, we apply the original five bankruptcy prediction models of Altman (2000) and Grammatikos …

the bankruptcy prediction is influenced by statistically and economically relevant nonlinear relationships. Our results …. We also use a validity measure that is based on the profitability of the bankruptcy prediction models in the context of … discriminatory power of bankruptcy prediction models. …

accuracy of bankruptcy prediction models. In this research, a dataset of 924,903 financial statements from 355,704 German … features based on the analysis of evidential strategies that can be used to improve corporate bankruptcy prediction. The …