Z-Score Models’ Application to Italian Companies Subject to Extraordinary Administration
Edward I. Altman et al.
Journal of Applied Finance: theory, practice, education2013article
ABDC C
Weight
0.73
What the paper says
It is normal for companies, during their life cycle, to alternate between positive and negative phases, periods of success and failure. When a negative period shifts from temporary to structural and chronic (and thus continues over time), the company is often destined to go bankrupt. The uncertainty regarding the exact moment when this takes place has
72 citations
Evidence weight
0.73
Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
F · citation impact
0.97 × 0.4 = 0.39
M · momentum
0.80 × 0.15 = 0.12
V · venue signal
0.50 × 0.05 = 0.03
R · text relevance †
0.50 × 0.4 = 0.20
† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.