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2011-05-20Buch DOI: 10.18452/4313
Forecasting Corporate Distress in the Asian and Pacific Region
dc.contributor.authorMoro, Russ
dc.contributor.authorHärdle, Wolfgang
dc.contributor.authorAliakbari, Saeideh
dc.contributor.authorHoffmann, Linda
dc.date.accessioned2017-06-16T00:20:42Z
dc.date.available2017-06-16T00:20:42Z
dc.date.created2011-06-17
dc.date.issued2011-05-20
dc.date.submitted2011-05-20
dc.identifier.issn1860-5664
dc.identifier.urihttp://edoc.hu-berlin.de/18452/4965
dc.description.abstractThis study analyses credit default risk for firms in the Asian and Pacific region by applying two methodologies: a Support Vector Machine (SVM) and a logistic regression (Logit). Among different financial ratios suggested as predictors of default, leverage ratios and the company size display a higher discriminating power compared to others. An analysis of the dependencies between PD and financial ratios is provided along with a comparison with Europe (Germany). With respect to forecasting accuracy the SVM has a lower model risk than the Logit on average and displays a more robust performance. This result holds true across different years.eng
dc.language.isoeng
dc.publisherHumboldt-Universität zu Berlin, Wirtschaftswissenschaftliche Fakultät
dc.subjectSVMeng
dc.subjectBankruptcyeng
dc.subjectCredit riskeng
dc.subjectAsian companieseng
dc.subject.ddc330 Wirtschaft
dc.titleForecasting Corporate Distress in the Asian and Pacific Region
dc.typebook
dc.identifier.urnurn:nbn:de:kobv:11-100187926
dc.identifier.doihttp://dx.doi.org/10.18452/4313
local.edoc.container-titleSonderforschungsbereich 649: Ökonomisches Risiko
local.edoc.pages40
local.edoc.type-nameBuch
local.edoc.container-typeseries
local.edoc.container-type-nameSchriftenreihe
local.edoc.container-volume2011
local.edoc.container-issue23
local.edoc.container-year2011
local.edoc.container-erstkatid2195055-6

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