Dynamic analysis of the business failure process: A study of bankruptcy trajectories
نویسندگان
چکیده
This study examines a method of analyzing the dynamics of financial failure. Using a large amount of data and a Kohonen map, we show how to depict company trajectories of behavior and movement to terminal failure. We also show how to analyze these trajectories to describe and understand the dynamics of bankruptcy and how to use them as a diagnostic tool.
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