This paper assesses the classification performance of the Z‐Score model in predicting
bankruptcy and other types of firm distress, with the goal of examining the model's usefulness for …

We report on the development, reliability, and validity of the Altman Self-Rating Mania Scale
(ASRM). The ASRM was completed during medication washout and after treatment by 22 …

ACADEMICIANS SEEM to be moving toward the elimination of ratio analysis as an analytical
technique in assessing the performance of the business enterprise. Theorists downgrade …

This paper traces developments in the credit risk measurement literature over the last 20
years. The paper is essentially divided into two parts. In the first part the evolution of the …

… Finally, Ed Altman would like to thank his wife and longtime companion, Elaine Altman, and
son … Edie Hotchkiss would like to thank Ed for first introducing her to this field as her Ph.D. …

This paper surveys and discusses numerous studies, both published and unpublished, that
have attempted to construct and test business failure models outside the United States. …

The first full analysis of the latest advances in managing credit risk." Against a backdrop of
radical industry evolution, the authors of Managing Credit Risk: The Next Great Financial …

17.1 BACKGROUND This chapter discusses two of the venerable models for assessing the
distress of industrial corporations. These are the so-called Z-Score model (1968) and the …

… Despite its “old age”, the Altman Z-score is still the standard against which most other …
The objective of this paper is to reflect upon the evolution of the Altman family of bankruptcy …

The paper explores the development of a bankruptcy classification model which incorporates
comprehensive inputs with respect to discriminant analysis and utilizes a sample of …