Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Forecasting of Corporate Bankruptcy

Forecasting of Corporate Bankruptcy

Brooks, Mark

Hardcover

Business GeneralInvesting & Finance

ISBN10: 1647285240
ISBN13: 9781647285241
Publisher: Willford Pr
Published: Sep 19 2023
Pages: 238
Weight: 1.86
Height: 0.56 Width: 8.50 Depth: 11.00
Language: English
Corporate bankruptcy forecasting is a vast area of finance and accounting research that seeks to predict bankruptcy and various measures of financial distress in public firms. It is an important indicator, which assists the investors and policy makers in taking proactive measures to minimize the impact of bankruptcies. In modern economies, banks, retail investors, institutional investors and lenders keep searching for information that can forecast financial distress in public firms. Bankruptcy prediction helps in better allocation of resources. It helps in highlighting the issues in businesses to provide business managers with additional time for taking corrective measures to avoid bankruptcy. In recent years, researchers have developed machine learning algorithms, which use financial ratios for the prediction of bankruptcy. This book outlines the key concepts of bankruptcy prediction in detail. A number of latest researches have been included to keep the readers up-to-date with the global concepts in this area of study.

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