Prusak, Błażej; Galiński, Paweł - In: Journal of Risk and Financial Management 14 (2021) 11, pp. 1-16
This paper attempts to identify the financial indicators differentiating companies that are insolvent or at risk of insolvency and have successfully entered into an arrangement with their creditors from those that have not. In addition, a two-factor model for predicting the odds of an...