Are hazard models superior to traditional bankruptcy prediction approaches? A comprehensive test

By Julian Bauer, Vineet Agarwal. 2014

196 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/7c9ba0d1ead2cf60e56990cc55447952520bc353

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. Raunaq S. Pungaliya
2. Anand M. Vijh
3. Daniel W. Collins
4. David Oesch
5. Rustom M. Irani

In Finance

1. Raunaq S. Pungaliya
2. Anand M. Vijh
3. Daniel W. Collins

Citations in the corpus

• The Effects of Firm Growth and Model Specification Choices on Tests of Earnings Management in Quarterly Settings (2017, background): “Beaver, McNichols, and Rhie (2004) and Bauer and Agarwal (2014) show that Shumway’s (2001) model has better predictive power for bankruptcy than Altman’s z-ratio.”
• Distressed Firm and Bankruptcy Prediction in an International Context: A Review and Empirical Analysis of Altman's Z-Score Model (2014, unknown): “The same applies to accounting-based models vs. market-based models (e.g. discussion in Bauer and Agarwal 2014).”