Download Now Free registration required
The concept of credit risk plays a central role in the development of the financial system and credit risk assessment is indispensable for its stability. A notable step in the attempts to understand what distinguishes solid and potentially bankrupt firms was the financial ratio analysis (Winakor & Smith, 1935), which became a standard tool. With the rapid development of computers statistical methods, which can identify patterns in the data, became to draw attention of economists.
- Format: PDF
- Size: 1699.84 KB