URI | http://purl.tuc.gr/dl/dias/6989003F-988A-4B6C-9BE0-AB6BA51F563A | - |
Αναγνωριστικό | https://www.sciencedirect.com/science/article/pii/S0377221717303570?via%3Dihub | - |
Αναγνωριστικό | https://doi.org/10.1016/j.ejor.2017.04.024 | - |
Γλώσσα | en | - |
Μέγεθος | 14 pages | en |
Τίτλος | Corporate failure prediction in the European energy sector: a multicriteria approach and the effect of country characteristics | en |
Δημιουργός | Doumpos Michael | en |
Δημιουργός | Δουμπος Μιχαηλ | el |
Δημιουργός | Andriosopoulos Kostas | en |
Δημιουργός | Galariotis, Emilios | en |
Δημιουργός | Makridou Georgia | en |
Δημιουργός | Zopounidis Konstantinos | en |
Δημιουργός | Ζοπουνιδης Κωνσταντινος | el |
Εκδότης | Elsevier | en |
Περίληψη | This study examines the development of corporate failure prediction models for European firms in the energy sector, using a large dataset from 18 countries. The construction of the models is based on a multiple criteria decision aid (MCDA) approach taking into account both ordinal criteria and nominal country-sector effects. The analysis is based on different modeling specifications. First, traditional financial variables are examined, which are then extended with additional country-level data related to the economic and business environment, as well as data about the energy efficiency policies of the countries and the characteristics of their energy markets and networks. The results indicate that energy-related attributes have high discriminating power and add valuable information compared to the other attributes. | 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 | 2018-03-23 | - |
Ημερομηνία Δημοσίευσης | 2017 | - |
Θεματική Κατηγορία | Energy management | en |
Θεματική Κατηγορία | Energy sector | en |
Θεματική Κατηγορία | Financial distress | en |
Θεματική Κατηγορία | Multiple criteria analysis | en |
Βιβλιογραφική Αναφορά | M. Doumpos, K. Andriosopoulos, E. Galariotis, G. Makridou and C. Zopounidis, "Corporate failure prediction in the European energy sector: A multicriteria approach and the effect of country characteristics," Eur. J. Oper. Res., vol.262, no.1, pp. 347-360, Oct. 2017. doi:10.1016/j.ejor.2017.04.024 | en |