Predicting corporate bankruptcy using the framework of Leland-Toft: evidence from U.S.

DOI10.1080/14697688.2019.1667519MaRDI QIDQ5121503zbMATH OpenOpenAlexWikidataFDO

Authors Chris Charalambous, Spiros H. Martzoukos, Zenon Taoushianis

Publication date 14 September 2020

Published in Quantitative Finance (Search for Journal in Brave)

Full work available at URL https://eprints.soton.ac.uk/434597/1/SSRN_id3316105.pdf

zbMATH Keywords

predictive abilitybank performancecorporate bankruptcyLeland and Toft

Mathematics Subject Classification ID

Corporate finance (dividends, real options, etc.) (91G50)

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Cites work

• scientific article; zbMATH DE number 3336465 (Why is no real title available?)
• A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity
• Bankruptcy Prediction with Industry Effects
• Comparing the Areas under Two or More Correlated Receiver Operating Characteristic Curves: A Nonparametric Approach
• Likelihood Ratio Tests for Model Selection and Non-Nested Hypotheses
• Optimal capital structure and endogenous default
• Partial AUC Estimation and Regression
• The pricing of options and corporate liabilities

Cited in

(3)

• A neuro-structural framework for bankruptcy prediction
• Decision-making, risk and corporate governance: new dynamic models/algorithms and optimization for bankruptcy decisions
• Predicting the event and time horizon of bankruptcy using financial ratios and the maturity schedule of long-term debt

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