Premachandra, I.M.; Bhabra, Gurmeet Singh; Sueyoshi, … - In: European Journal of Operational Research 193 (2009) 2, pp. 412-424
This paper proposes data envelopment analysis (DEA) as a quick-and-easy tool for assessing corporate bankruptcy. DEA is a non-parametric method that measures weight estimates (not parameter estimates) of a classification function for separating default and non-default firms. Using a recent...