Bankruptcy prediction by generalized additive models
نویسندگان
چکیده
منابع مشابه
Bankruptcy Prediction by Generalized Additive Models
We compare several accounting based models for bankruptcy prediction. The models are developed and tested on large data sets containing annual financial statements for Norwegian limited liability firms. Out-of-sample and out-of-time validation shows that generalized additive models significantly outperform popular models like linear discriminant analysis, generalized linear models and neural ne...
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ACKNOWLEDGMENTS I would like to thank Dr. Olive for his invaluable assistance and insights leading to the writing of this paper. Many of the examples and definitions have been quoted directly from his book. My sincere thanks also goes to the members of my graduate committee, Dr. Jeyratnam and Dr. Hughes for their patience and time dedicated to read and discuss this paper. I would also like to t...
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ژورنال
عنوان ژورنال: Applied Stochastic Models in Business and Industry
سال: 2006
ISSN: 1524-1904
DOI: 10.1002/asmb.658