Abstract
In finance and accounting research, financial distress and bankruptcy prediction models may be used as risk measures in many different contexts. Where financial distress and bankruptcy prediction modeling is not the primary focus, it would be time-consuming, uneconomical, and superfluous to first estimate a failure prediction model (or models) and then study the phenomenon of interest.
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Pozzoli, M., Paolone, F. (2017). Conclusions and Implications. In: Corporate Financial Distress. SpringerBriefs in Finance. Springer, Cham. https://doi.org/10.1007/978-3-319-67355-4_5
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DOI: https://doi.org/10.1007/978-3-319-67355-4_5
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Publisher Name: Springer, Cham
Print ISBN: 978-3-319-67354-7
Online ISBN: 978-3-319-67355-4
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