35 years of studies on business failure: an overview of the classic statistical methodologies and their related problems

By Sofie Balcaen, H. Ooghe. 2006

824 citations recorded by the source corpus.

Subfields: Accounting, Artificial Intelligence

View Paper: https://www.semanticscholar.org/paper/536ad19fea8ccd26e70c666fccddbfcd84d8c750

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Bernardete Ribeiro
2. An Chen
3. Ningshan Chen
4. Hui Li
5. Jie Sun
6. Qinghua Huang
7. Kai-Yu He
8. Andy Neely

In Artificial Intelligence

1. Bernardete Ribeiro
2. An Chen
3. Ningshan Chen
4. Hui Li
5. Jie Sun
6. Qinghua Huang
7. Kai-Yu He
8. Andy Neely

Citations in the corpus

• Examining the influence of service additions on manufacturing firms' bankruptcy likelihood (2017, methodology): “Recent research indicates logistic regression as a superior statistical method for predicting bankruptcy (Balcaen and Ooghe, 2006).”
• Distressed Firm and Bankruptcy Prediction in an International Context: A Review and Empirical Analysis of Altman's Z-Score Model (2014, neutral): “Because financial ratios in very small firms are generally too unstable for a failure prediction model, these firms are excluded (Balcaen and Ooghe, 2006).”
• Machine Learning in Financial Crisis Prediction: A Survey (2012, background): “Recently, in [7] an extensive review of traditional statistical methods for the prediction of bankruptcy has been pre-”
• Financial credit risk assessment: a recent review (2015, methodology): “…Statistical and operational methods Thomas (2000) 2002 Neural networks Calderon and Cheh (2002) 2006 Statistical and machine learning methods Balcaen and Ooghe (2006) 2007 Statistical and machine learning methods Bellovary et al. (2007) 2007 Statistical and machine learning methods Crook et…”
• Predicting financial distress and corporate failure: A review from the state-of-the-art definitions, modeling, sampling, and featuring approaches (2014, methodology): “For a detailed understanding of FDP with statistical techniques, please refer to Balcaen and Ooghe [11].”
• Exporters, Importers and Credit Constraints (2015, neutral): “Considering Belgian exporters as in this paper, Behrens et al. (2013) find that imports fell more during the recent recession for firms with above median reliance on external finance.”
• Spanish Football Clubs’ Finances: Crisis and Player Salaries (2010, neutral): “The logistic regression has been commonly used to try to explain or predict the financial failure of companies (Balcaen & Ooghe, 2006; Dimitras et al. 1999).”
• Business risk management in the context of small and medium-sized enterprises (2020, background): “The adverse consequences of the absence of business risk management threaten the very existence of a company (Balcaen & Ooghe, 2006).”
• Failure processes and causes of company bankruptcy: a typology (2008, background): “To our knowledge, an all-embracing approach that relates the causes of bankruptcy to the characteristics of the company and to the financial symptoms of distress has never been applied, despite its relevance for researchers and practitioners ( Balcaen and Ooghe, 2006”