A Review of Bankruptcy and its Prediction
AbstractBankruptcy is one of the key issues across the globe which influences the economy of all the countries. Heavy social and economic costs which are imposed by bankrupted companies on stockholders can cause motivation of researchers in providing different methods for predicting bankruptcy. In this research, investigating the research literature and providing some definitions on bankruptcy and its reasons, we will deal with different modes of predicting bankruptcy in two groups of parametric and non-parametric. Non-parametric methods such as neural networks have high level efficiency and accuracy due to their unique features compared to statistical model.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences in its journal International Journal of Academic Research in Accounting, Finance and Management Sciences.
Volume (Year): 3 (2013)
Issue (Month): 4 (October)
Contact details of provider:
Web page: http://hrmars.com/index.php/pages/detail/Accounting-Finance-Journal
Bankruptcy; Prediction of Bankruptcy; Multiple discriminant analysis; parametric techniques; Non-parametric techniques;
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Christian Laux & Christian Leuz, 2009.
"Did Fair-Value Accounting Contribute to the Financial Crisis?,"
NBER Working Papers
15515, National Bureau of Economic Research, Inc.
- Christian Laux & Christian Leuz, 2010. "Did Fair-Value Accounting Contribute to the Financial Crisis?," Journal of Economic Perspectives, American Economic Association, vol. 24(1), pages 93-118, Winter.
- Laux, Christian & Leuz, Christian, 2009. "Did fair-value accounting contribute to the financial crisis?," CFS Working Paper Series 2009/22, Center for Financial Studies (CFS).
- Zhang, Haiwen, 2009. "Effect of derivative accounting rules on corporate risk-management behavior," Journal of Accounting and Economics, Elsevier, vol. 47(3), pages 244-264, June.
- Henk Berkman & Michael E. Bradbury & Phil Hancock & Clare Innes, 2002. "Derivative financial instrument use in Australia," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 42(2), pages 97-109.
- Laux, Christian & Leuz, Christian, 2009.
"The crisis of fair value accounting: Making sense of the recent debate,"
CFS Working Paper Series
2009/09, Center for Financial Studies (CFS).
- Laux, Christian & Leuz, Christian, 2009. "The crisis of fair-value accounting: Making sense of the recent debate," Accounting, Organizations and Society, Elsevier, vol. 34(6-7), pages 826-834, August.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Hassan Danial Aslam).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.