期刊名称:Acta Universitatis Sapientiae, Economics and Business
电子版ISSN:2343-8894
出版年度:2015
卷号:3
期号:1
页码:93-108
DOI:10.1515/auseb-2015-0006
语种:English
出版社:Walter de Gruyter GmbH
摘要:After the economic crisis and the BASEL agreement, the bankruptcy prediction research has evolved substantially due to its importance in corporate finance. This paper summarizes the short history of bankruptcy prediction from the beginning until quite recently. First, it presents a short summary of bankruptcy prediction evolution pointing to the most used models. Then, it provides a summary of the most cited papers that discuss the evolution of bankruptcy prediction and of those papers that have contributed to bankruptcy prediction. Finally, it summarizes some critiques about bankruptcy prediction that the literature has formulated over time and provides some suggestions for future research on bankruptcy prediction.