Business Failure Classification Models: An International Survey

73 Pages Posted: 7 Nov 2008

See all articles by Edward I. Altman

Edward I. Altman

New York University (NYU) - Salomon Center; New York University (NYU) - Department of Finance

Paul Narayanan

AIG International, Inc.

Date Written: May 1996

Abstract

Business failure identification and early warnings of impending financial crisis are important not only to analysts and practitioners in the United States. Indeed, countries throughout the world, even non-capitalist nations, have been concerned with individual entity performance assessment. Developing countries and smaller economies, as well as the larger industrialized nations of the world, are vitally concerned with avoiding financial crises in the private and public sectors. Some policy makers in smaller nations are particularly concerned with financial panics resulting form failures of individual entities.

Suggested Citation

Altman, Edward I. and Narayanan, Paul, Business Failure Classification Models: An International Survey (May 1996). NYU Working Paper No. FIN-96-005, Available at SSRN: https://ssrn.com/abstract=1297055

Edward I. Altman (Contact Author)

New York University (NYU) - Salomon Center ( email )

44 West 4th Street
New York, NY 10012
United States
212-998-0709 (Phone)
212-995-4220 (Fax)

New York University (NYU) - Department of Finance ( email )

Stern School of Business
44 West 4th Street
New York, NY 10012-1126
United States

Paul Narayanan

AIG International, Inc. ( email )

Greenwich, CT
United States

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
678
Abstract Views
8,969
rank
46,851
PlumX Metrics