URI | http://purl.tuc.gr/dl/dias/E956F6AF-1207-4C05-BBD5-8FA17A8B3084 | - |
Αναγνωριστικό | https://doi.org/10.1057/palgrave.jors.2600818 | - |
Γλώσσα | en | - |
Μέγεθος | 11 pages | en |
Τίτλος | Business failure prediction using the UTADIS multicriteria analysis method | en |
Δημιουργός | Zopounidis Konstantinos | en |
Δημιουργός | Ζοπουνιδης Κωνσταντινος | el |
Δημιουργός | Doumpos, Michael | en |
Περίληψη | Business failure prediction is one of the most essential problems in the field of financial management. The research on developing quantitative business failure prediction models has been focused on building discriminant models to distinguish among failed and non-failed firms. Several researchers in this field have proposed multivariate statistical discrimination techniques. This paper explores the applicability of multicriteria analysis to predict business failure. Four preference disaggregation methods, namely the UTADIS method and three of its variants, are compared to three well-known multivariate statistical and econometric techniques, namely discriminant analysis, logit and probit analyses. A basic (learning) sample and a holdout (testing) sample are used to perform the comparison. Through this comparison, the relative performance of all the aforementioned methods is investigated regarding their discriminating and predicting ability. | en |
Τύπος | Peer-Reviewed Journal Publication | en |
Τύπος | Δημοσίευση σε Περιοδικό με Κριτές | el |
Άδεια Χρήσης | http://creativecommons.org/licenses/by/4.0/ | en |
Ημερομηνία | 2015-10-27 | - |
Ημερομηνία Δημοσίευσης | 1999 | - |
Θεματική Κατηγορία | Capability, Financial (Financial literacy) | en |
Θεματική Κατηγορία | Financial capability (Financial literacy) | en |
Θεματική Κατηγορία | Literacy, Financial | en |
Θεματική Κατηγορία | financial literacy | en |
Θεματική Κατηγορία | capability financial financial literacy | en |
Θεματική Κατηγορία | financial capability financial literacy | en |
Θεματική Κατηγορία | literacy financial | en |
Βιβλιογραφική Αναφορά | C. Zopounidis, M. Doumpos ," Business failure prediction using the UTADIS multicriteria analysis method," J. of the Operational Res. Society, vol. 50, no. 11, pp. 1138-1148 ,1999.doi:10.1057/palgrave.jors.2600818 | en |