This study develops a corporate bankruptcy classification model from a sample of 258 bankrupt and non-bankrupt companies, covering the period 1986-2008. Instead of depending on traditional ratios, it uses a simple exponential function-based algorithm to improve the stability of financial data....

Recently, various corporate failure prediction models that use machine learning techniques have received considerable attention. In particular, Kim, Cho, and Ryu (2022) demonstrate that using a sequence of a company’s historical information, rather than just the most recent information, yields...