The article provides a comprehensive review regarding the theoretical approaches, methodologies and empirical researches of corporate bankruptcy prediction, laying emphasis on the 30-year development history of Hungarian empirical results. In ex-socialist countries corporate bankruptcy...

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...

In practice, one chosen method is generally used to solve classification tasks. Although the most modern procedures yield excellent accuracy rates, international research findings show that a concurrent (ensemble) application of methods with weaker classification performance achieves comparable...