ISSUES IN MODELLING THE FINANCIAL DISTRESS AND BANKRUPTCY OF COMPANIES
ISSUES IN MODELLING THE FINANCIAL DISTRESS AND BANKRUPTCY OF COMPANIES
Author(s): Marek GruszczyńskiSubject(s): Business Economy / Management
Published by: Szkoła Główna Gospodarstwa Wiejskiego w Warszawie
Keywords: financial distress; bankruptcy; corporate failure; default risk
Summary/Abstract: Paper presents selected issues in designing and implementing models for financial distress and/or bankruptcy of companies. Major topics include: (1) definition of financial distress, (2) approaches to specify the distress variable, (3) aims and extent of the research on distress, (4) quantitative approaches in the field, including the attempt by Campbell, Hilscher and Szilagyi [2008], (5) survey of recent papers on the topic published in Poland.
Journal: Metody Ilościowe w Badaniach Ekonomicznych
- Issue Year: XVI/2015
- Issue No: 1
- Page Range: 96-107
- Page Count: 12
- Language: English
