Applications of Distress Prediction Models: What Have We Learned After 50 Years from the Z-Score Models?

Fifty years ago, I published the initial, classic version of the Z-score bankruptcy prediction models. This multivariate statistical model has remained perhaps the most well-known, and more importantly, most used technique for providing an early warning signal of firm financial distress by academics...

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Bibliographic Details
Main Author: Edward I. Altman
Format: Article
Language:English
Published: MDPI AG 2018-08-01
Series:International Journal of Financial Studies
Subjects:
Online Access:http://www.mdpi.com/2227-7072/6/3/70