Article: The Path to Failure: Where are Bankruptcy Studies at Now? Journal: Journal of Business and Management (JBM) 2000 Vol.7 No.1 pp.11 - 39 Abstract: Under existing modeling methodologies, a reliable model of bankruptcy prediction has eluded researchers. This has provided the impetus to search for either new modeling methodologies, or to use emerging technologies drawn from the artificial intelligence field and that of nonlinear dynamics to help model and explain the characteristics of financially distressed firms. This paper gives an update on some of this recent work and argues that the focus of the research ought to be on the distress continuum which requires the formulation of dynamic rather than static models of failure. Inderscience Publishers - linking academia, business and industry through research

Title: The Path to Failure: Where are Bankruptcy Studies at Now?

Authors: Patti Cybinski

Addresses: Author address listing can be found in the "About the Authors" section at the end of the article.

Abstract: Under existing modeling methodologies, a reliable model of bankruptcy prediction has eluded researchers. This has provided the impetus to search for either new modeling methodologies, or to use emerging technologies drawn from the artificial intelligence field and that of nonlinear dynamics to help model and explain the characteristics of financially distressed firms. This paper gives an update on some of this recent work and argues that the focus of the research ought to be on the distress continuum which requires the formulation of dynamic rather than static models of failure.

Keywords: Bankruptcy prediction; emerging technologies; artificial intelligence, nonlinear dynamics; financial distress.

DOI: 10.1504/JBM.2000.141059

Journal of Business and Management, 2000 Vol.7 No.1, pp.11 - 39

Published online: 05 Sep 2024 *

Title: The Path to Failure: Where are Bankruptcy Studies at Now?

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