Twenty‐five years of the Taffler z‐score model: Does it really have predictive ability?

V Agarwal, RJ Taffler - Accounting and business research, 2007 - Taylor & Francis
Although copious statistical failure prediction models are described in the literature,
appropriate tests of whether such methodologies really work in practice are lacking …

[PDF][PDF] The accuracy of Altman's models in predicting hotel bankruptcy

M Diakomihalis - International Journal of Accounting and Financial …, 2012 - academia.edu
This paper studies the bankruptcy predictions for different hotel categories in Greece, aiming
to determine the zone of discrimination classified as―certainty‖ for bankruptcy. It also …

[PDF][PDF] Predicting bankruptcy: evidence from Israel

S Lifschutz, A Jacobi - International journal of Business …, 2010 - pdfs.semanticscholar.org
In this study, we conducted an empirical investigation of whether it is possible to rely on two
versions of the Altman Model (1968) to predict financial failure of publicly traded companies …

Probability of default models of Russian banks

AA Peresetsky, AA Karminsky, SV Golovan - Economic Change and …, 2011 - Springer
This paper presents results from an econometric analysis of Russian bank defaults during
the period 1997–2003, focusing on the extent to which publicly available information from …

Financial failure estimation of companies in BIST tourism index by Altman Model and its effect on market prices

S Karaca, E Özen - … Broad Research in Accounting, Negotiation, and …, 2017 - brain.edusoft.ro
In this study, it is aimed to measure the negative effects of recent developments in the
Turkish tourism sector on the financial failures of companies on Istanbul Stock Exchange …

Decision-making, risk and corporate governance: A critique of methodological issues in bankruptcy/recovery prediction models

M Nwogugu - Applied Mathematics and Computation, 2007 - Elsevier
The purpose of this article is to evaluate and critique models of bankruptcy/recovery risk.
Almost all existing bankruptcy/recovery prediction models are inaccurate, and given the …

Probability of default models of Russian banks

A Peresetsky, A Karminsky, SV Golovan - 2004 - papers.ssrn.com
This paper presents results from an econometric analysis of Russian bank defaults during
the period 1997-2003, focusing on the extent to which publicly available information from …

Predicting the financial distress of non-banking companies listed on the Palestine Exchange (PEX)

I Kutum - Research Journal of Finance and Accounting, 2015 - papers.ssrn.com
The Palestine economy is prone to challenges arising from turmoil. The nature of its socio-
political climate makes it important for investors to critically review the going-concern status …

[PDF][PDF] Twenty-five years of z-score in the UK: do they really work

V Agarwal, RJ Taffler - Accounting and Business Research, 2005 - efmaefm.org
Although copious statistical failure prediction models are described in the literature,
appropriate tests of whether such methodologies really work in practice are lacking …

Методы оценки вероятности дефолта банков

АА Пересецкий - Экономика и математические методы, 2007 - elibrary.ru
Представлены результаты эконометрического анализа дефолтов российских банков в
1997–2003 гг. Основная цель исследования–выяснить, насколько публично доступная …