Usage of artificial neural networks for optimal bankruptcy forecasting. Case study: Eastern European small manufacturing enterprises

Usage of artificial neural networks for optimal bankruptcy forecasting. Case study: Eastern... Our study aims to present an optimisation method for the forecasting of bankruptcy. To this end, we elaborate and optimise an artificial neural network (ANN) which, based on the situation of real companies in Eastern Europe, can forecast bankruptcy state. After describing the network structure, the performance is evaluated. Using specific statistical methods, a statistical network optimisation is performed. The conclusion is that ANNs are extremely productive in predicting firm bankruptcy, with the forecast accuracy being higher than the accuracy obtained by traditional methods. The results are applicable at an international level, though the target group of this study contains mainly Eastern European Small Manufacturing Enterprises. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Quality & Quantity Springer Journals

Usage of artificial neural networks for optimal bankruptcy forecasting. Case study: Eastern European small manufacturing enterprises

Loading next page...
 
/lp/springer_journal/usage-of-artificial-neural-networks-for-optimal-bankruptcy-forecasting-RzsdTPgwa5
Publisher
Springer Netherlands
Copyright
Copyright © 2015 by Springer Science+Business Media Dordrecht
Subject
Social Sciences; Methodology of the Social Sciences; Social Sciences, general
ISSN
0033-5177
eISSN
1573-7845
D.O.I.
10.1007/s11135-014-0154-0
Publisher site
See Article on Publisher Site

References

You’re reading a free preview. Subscribe to read the entire article.


DeepDyve is your
personal research library

It’s your single place to instantly
discover and read the research
that matters to you.

Enjoy affordable access to
over 12 million articles from more than
10,000 peer-reviewed journals.

All for just $49/month

Explore the DeepDyve Library

Unlimited reading

Read as many articles as you need. Full articles with original layout, charts and figures. Read online, from anywhere.

Stay up to date

Keep up with your field with Personalized Recommendations and Follow Journals to get automatic updates.

Organize your research

It’s easy to organize your research with our built-in tools.

Your journals are on DeepDyve

Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.

All the latest content is available, no embargo periods.

See the journals in your area

Monthly Plan

  • Read unlimited articles
  • Personalized recommendations
  • No expiration
  • Print 20 pages per month
  • 20% off on PDF purchases
  • Organize your research
  • Get updates on your journals and topic searches

$49/month

Start Free Trial

14-day Free Trial

Best Deal — 39% off

Annual Plan

  • All the features of the Professional Plan, but for 39% off!
  • Billed annually
  • No expiration
  • For the normal price of 10 articles elsewhere, you get one full year of unlimited access to articles.

$588

$360/year

billed annually
Start Free Trial

14-day Free Trial