Refining understanding of corporate failure through a topological data analysis mapping of Altman’s Z-score model

•Introduce Topological Data Analysis Ball Mapper for examining creditworthiness.•Example taken from seminal Altman (1968) Z-Score model and ratios therefrom.•Failing firms shown to only occupy a subset of the “distress zone” of risky Z-Scores.•Visualizing data cloud removes the perceived “black box”...

Full description

Saved in:

Bibliographic Details
Published in:	Expert systems with applications Vol. 156; p. 113475
Main Authors:	Qiu, Wanling, Rudkin, Simon, Dłotko, Paweł
Format:	Journal Article
Language:	English
Published:	New York Elsevier Ltd 15.10.2020 Elsevier BV
Subjects:	Bankruptcy Bankruptcy prediction Credit scoring Data analysis Data visualization Default Failure analysis Loans Mapping Three dimensional models Topological data analysis Topology Bankruptcy prediction Topological data analysis Data visualization Credit scoring
ISSN:	0957-4174, 1873-6793
Online Access:	Get full text
Tags:	Add Tag No Tags, Be the first to tag this record!

Be the first to leave a comment!