Companies' Risk of Bankruptcy - Audit Integrity -- Seeking Alpha
On the heels of Moody’s publishing a list of “bottom rung” companies most likely to default, Audit Integrity ups the ante with the preliminary findings of a new quantitative model designed to identify large companies most at risk of bankruptcy.
Chairman Jim Kaplan says their approach is to “combine both the power of static (accounting-based) and hazard (market-based) models. This approach allows for dynamic adjusting for potential bankruptcy between financial reporting periods.”
On the heels of Moody’s publishing a list of “bottom rung” companies most likely to default, Audit Integrity ups the ante with the preliminary findings of a new quantitative model designed to identify large companies most at risk of bankruptcy.
Chairman Jim Kaplan says their approach is to “combine both the power of static (accounting-based) and hazard (market-based) models. This approach allows for dynamic adjusting for potential bankruptcy between financial reporting periods.”