The modelling of forecasting the bankruptcy in Romania

Mihaela Onofrei and Dan Lupu ()

MPRA Paper from University Library of Munich, Germany

Abstract: Bankruptcy prediction and the understanding of the causes for economic failure have a financial utility. The purpose of this study is to compare the predictive power, on the Romanian market, of the most popular bankruptcy models considering the firms listed on the BSE during 2007-2011. Using the principal component analysis, the best bankruptcy predictors of the established financial indicators were determined for Romanian companies.

Keywords: bankruptcy prediction; PCA; MDA analysis; logit analysis (search for similar items in EconPapers)
JEL-codes: C25 C33 C83 (search for similar items in EconPapers)
Date: 2014-08-30
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Citations: View citations in EconPapers (5)

Published in Economic Computation and Economic Cybernetics Studies and Research 3.48(2014): pp. 197-217

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:95511

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