Companies financial crisis prediction
Abstract
Financial crises are one of the most common phenomena in the economy. This research studies important variables in predicting the financial crisis and bankruptcy of companies and have identified the most important financial variables in predicting the financial crisis. After identification, the most important predictors of bankruptcy and a model for forecasting the financial crisis and bankruptcy of the companies have been presented and its predictive power has been tested. To identify the most important variables in the prediction of the financial crisis and bankruptcy of companies, a linear separation function model has been used and a 9-variable model has been designed and presented. The results of the survey show that up to five years before the financial crisis can be predicted using a relatively high accuracy model.
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References
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