Dynamic Prediction of Financial Distress Based on Kalman Filtering

The widely used discriminant models currently for financial distress prediction have deficiencies in dynamics. Based on the dynamic nature of corporate financial distress, dynamic prediction models consisting of a process model and a discriminant model, which are used to describe the dynamic process...

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Bibliographic Details
Main Authors: Qian Zhuang, Lianghua Chen
Format: Article
Language:English
Published: Hindawi Limited 2014-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2014/370280