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Twenty‐five years of the Taffler z‐score model: Does it really have predictive ability?
16 references·16 citing·27 second hopsampled
Twenty‐five years of the Taffler z‐score model: Does it really have predictive ability? (2007)Twenty‐five years of the Taffler z‐score …Corporate Financial Distress and Bankruptcy (2005)Corporate Financial Distress …35 years of studies on business failure: an overview of the classic statistical methodologies and their related problems (2005)35 years of studies on busine…Default Risk in Equity Returns (2004)Default Risk in Equity ReturnsAssessing the Probability of Bankruptcy (2004)Assessing the Probability of …Book‐to‐Market Equity, Distress Risk, and Stock Returns (2002)Book‐to‐Market Equity, Distre…Forecasting Bankruptcy More Accurately: A Simple Hazard Model (2001)Forecasting Bankruptcy More A…How Big Are the Tax Benefits of Debt? (2000)How Big Are the Tax Benefits …HOW FIRM CHARACTERISTICS AFFECT CAPITAL STRUCTURE: AN INTERNATIONAL COMPARISON (1999)HOW FIRM CHARACTERISTICS AFFE…Is the Risk of Bankruptcy a Systematic Risk? (1998)Is the Risk of Bankruptcy a S…How Big are the Tax Benefits of Debt? (1998)How Big are the Tax Benefits …Corporate distress diagnosis: Comparisons using linear discriminant analysis and neural networks (the Italian experience) (1994)Corporate distress diagnosis:…Introducing Recursive Partitioning for Financial Classification: The Case of Financial Distress (1985)Introducing Recursive Partiti…Methodological Issues Related to the Estimation of Financial Distress Prediction Models (1984)Methodological Issues Related…Financial Ratios and the Probabilistic Prediction of Bankruptcy (1980)Financial Ratios and the Prob…ZETATM analysis A new model to identify bankruptcy risk of corporations (1977)ZETATM analysis A new model t…FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY (1968)FINANCIAL RATIOS, DISCRIMINAN…Digital finance and corporate bankruptcy risk: Evidence from China (2022)Digital finance and corporate…Assessment of Bankruptcy Risk of Large Companies: European Countries Evolution Analysis (2020)Assessment of Bankruptcy Risk…Do Traditional Financial Distress Prediction Models Predict the Early Warning Signs of Financial Distress? (2019)Do Traditional Financial Dist…Predicting financial distress: Importance of accounting and firm-specific market variables for Pakistan’s listed firms (2018)Predicting financial distress…Cash holdings and earnings quality: evidence from the Main and Alternative UK markets (2018)Cash holdings and earnings qu…An Effective Financial Statements Fraud Detection Model for the Sustainable Development of Financial Markets: Evidence from Taiwan (2018)An Effective Financial Statem…Predicting Financial Distress: A Comparison of Survival Analysis and Decision Tree Techniques (2015)Predicting Financial Distress…Audit committees, non-audit services, and auditor reporting decisions prior to failure (2015)Audit committees, non-audit s…An evaluation of Altman's Z-score using cash flow ratio to predict corporate failure amid the recent financial crisis: Evidence from the UK (2015)An evaluation of Altman's Z-s…Predicting business failure using cash flow statement based measures (2013)Predicting business failure u…Financial constraints of private firms and bank lending behavior (2013)Financial constraints of priv…Are hazard models superior to traditional bankruptcy prediction approaches? A comprehensive test (2013)Are hazard models superior to…Forecasting financial failure using a Kohonen map: A comparative study to improve model stability over time (2012)Forecasting financial failure…Reporting Business Risks: Meeting Expectations (2011)Reporting Business Risks: Mee…Predicting default of Russian SMEs on the basis of financial and non-financial variables (2010)Predicting default of Russian…Does Financial Distress Risk Drive the Momentum Anomaly? (2008)Does Financial Distress Risk …Financial Ratios As Predictors of Failure (1966)Limited-dependent and qualitative variables in econometrics (1983)Do Managers Withhold Bad News? (2008)In Search of Distress Risk (2008)Conditional logit analysis of qualitative choice behavior (1972)The Effect of Audit Quality on Earnings Management* (1998)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)Investor psychology in capital markets: evidence and policy implications (2002)How Much of the Corporate-Treasury Yield Spread Is Due to Credit Risk? (2012)The Pricing of Options and Corporate Liabilities (1973)Multi-period corporate default prediction with stochastic covariates (2006)Forecasting Default with the Merton Distance to Default Model (2008)The impact of corporate social responsibility on the cost of bank loans (2010)Determinants of corporate borrowing (1977)Corporate financing and investment decisions when firms have information that investors do not have (1984)Capital Structure (2001)Capital Structure and Stock Returns (2004)Does the Source of Capital Affect Capital Structure? (2005)Neural network credit scoring models (2000)The effects of government ownership on bank lending (2003)Bankruptcy prediction in banks and firms via statistical and intelligent techniques – A review (2006)Managerial incentives and risk-taking☆ (2005)How does financial reporting quality relate to investment efficiency? (2009)Modeling Term Structures of Defaultable Bonds (1999)Credit Spreads and Business Cycle Fluctuations (2012)… and the Cross-Section of Expected Returns (2015)
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References

  • 1968FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY14,869 cited
  • 1980Financial Ratios and the Probabilistic Prediction of Bankruptcy6,005 cited
  • 1984Methodological Issues Related to the Estimation of Financial Distress Prediction Models2,889 cited
  • 2001Forecasting Bankruptcy More Accurately: A Simple Hazard Model2,655 cited
  • 2004Default Risk in Equity Returns1,997 cited
  • 1977ZETATM analysis A new model to identify bankruptcy risk of corporations1,812 cited
  • 2000How Big Are the Tax Benefits of Debt?1,483 cited
  • 2004Assessing the Probability of Bankruptcy1,357 cited
  • 1994Corporate distress diagnosis: Comparisons using linear discriminant analysis and neural networks (the Italian experience)1,059 cited
  • 1998Is the Risk of Bankruptcy a Systematic Risk?1,002 cited
  • 1999HOW FIRM CHARACTERISTICS AFFECT CAPITAL STRUCTURE: AN INTERNATIONAL COMPARISON893 cited
  • 1998How Big are the Tax Benefits of Debt?805 cited
  • 200535 years of studies on business failure: an overview of the classic statistical methodologies and their related problems795 cited
  • 2002Book‐to‐Market Equity, Distress Risk, and Stock Returns778 cited
  • 2005Corporate Financial Distress and Bankruptcy

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759 cited
  • 1985Introducing Recursive Partitioning for Financial Classification: The Case of Financial Distress748 cited
  • Cited by

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    • 2013Financial constraints of private firms and bank lending behavior149 cited
    • 2022Digital finance and corporate bankruptcy risk: Evidence from China144 cited
    • 2019Do Traditional Financial Distress Prediction Models Predict the Early Warning Signs of Financial Distress?141 cited
    • 2015Predicting Financial Distress: A Comparison of Survival Analysis and Decision Tree Techniques127 cited
    • 2018An Effective Financial Statements Fraud Detection Model for the Sustainable Development of Financial Markets: Evidence from Taiwan117 cited
    • 2018Cash holdings and earnings quality: evidence from the Main and Alternative UK markets97 cited
    • 2008Does Financial Distress Risk Drive the Momentum Anomaly?90 cited
    • 2018Predicting financial distress: Importance of accounting and firm-specific market variables for Pakistan’s listed firms88 cited
    • 2012Forecasting financial failure using a Kohonen map: A comparative study to improve model stability over time86 cited
    • 2015Audit committees, non-audit services, and auditor reporting decisions prior to failure79 cited
    • 2010Predicting default of Russian SMEs on the basis of financial and non-financial variables77 cited
    • 2013Predicting business failure using cash flow statement based measures74 cited
    • 2020Assessment of Bankruptcy Risk of Large Companies: European Countries Evolution Analysis70 cited
    • 2011Reporting Business Risks: Meeting Expectations70 cited