Business failure prediction using rough sets: a comparison with multivariate analysis techniques
C. Zopounidis, M. Doumpos. Technical University of Crete
R. Slowinski, R. Susmaga. Poznan University of Technology
A.I. Dimitras. University of Crete
- Fuzzy Economic Review: Volume IV, Number 1. May 1999
Several multivariate analysis techniques have been used in the past for the prediction of business failure. Although some of these methods lead to models with a satisfactory ability to discriminate between healthy and bankrupt firms, they suffer from some limitations, often due to the unrealistic assumption of statistical hypotheses or…
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