This paper applies mainstream statistical techniques (linear discriminant analysis and logistic regression) to a sample of over 6,000 Italian firms in the attempt to develop two distress prediction models, specifically constructed for SEs and taking into account diversity of size, geographical...

A large number of empirical studies have used univariate and multivariate statistical methods when examining the effectiveness of appropriately selected corporation data in constructing company default prediction models. Having accurate evaluation methods has become increasingly important since...