This article provides an empirical analysis aimed at evaluating the financial trends and disparities at the sector level within the Balkan and Eastern European region. The dataset encompasses a period of nine years and comprises more than 20 million firm-year observations from 24 industries in...

Research background: Visegrad Four (V4)-level corporate failure modeling is a relatively new research topic. Three empirical studies have been published in scientific journals since 2018 by Slovak researchers in this field. As COVID-19 has affected financial positions and failure behavior...

The COVID-19 crisis has revealed the economic vulnerability of various countries and, thus, has instigated the systematic exploration and forecasting of sovereign default risks. Multivariate statistical and stochastic process-based sovereign default risk forecasting has a 50-year developmental...