Abstract
The considerable interest in the prediction of business failures is reflected in the large number of studies presented in the literature. Various methods have been used to construct prediction models. This paper provides a review of the literature and a framework for the presentation of this information. Articles can be classified according to the country, industrial sector and period of data, as well as the financial ratios and models or methods employed. Relationships and research trends in the prediction of business failure are discussed.
Original language | English |
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Pages (from-to) | 487-513 |
Number of pages | 27 |
Journal | European Journal of Operational Research |
Volume | 90 |
Issue number | 3 |
DOIs | |
Publication status | Published - 10 May 1996 |
Keywords
- Business failures
- Statistical analysis