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Corporate Bankruptcy Prediction: International Trends and Local Experience
Hardcover
ISBN13: 9783039289110
Publisher: Mdpi Ag
Published: Jun 16 2020
Pages: 202
Weight: 1.40
Height: 0.69 Width: 6.69 Depth: 9.61
Language: English
Bankruptcy prediction is one of the most important research areas in corporate finance. Bankruptcies are an indispensable element of the functioning of the market economy, and at the same time generate significant losses for stakeholders. Hence, this book was established to collect the results of research on the latest trends in predicting the bankruptcy of enterprises. It suggests models developed for different countries using both traditional and more advanced methods. Problems connected with predicting bankruptcy during periods of prosperity and recession, the selection of appropriate explanatory variables, as well as the dynamization of models are presented. The reliability of financial data and the validity of the audit are also referenced. Thus, I hope that this book will inspire you to undertake new research in the field of forecasting the risk of bankruptcy.
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