Predictive Bankruptcy of European e-Commerce: Credit Underwriters Inexperience and Self-assessment

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11230%2F17%3A10365696" target="_blank" >RIV/00216208:11230/17:10365696 - isvavai.cz</a>

Result on the web

<a href="http://dx.doi.org/10.1007/978-3-319-49559-0_9" target="_blank" >http://dx.doi.org/10.1007/978-3-319-49559-0_9</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1007/978-3-319-49559-0_9" target="_blank" >10.1007/978-3-319-49559-0_9</a>

Result language

angličtina

Original language name

Predictive Bankruptcy of European e-Commerce: Credit Underwriters Inexperience and Self-assessment

Original language description

In the current competitive and uncertain e-commerce environment, businesses have the need to predict in advance their likelihood of falling into bankruptcy. The central focus of this paper is to statistically model through different approaches the bankruptcy probability of e-commerce companies in Europe. The authors examine the econometric techniques, two-step cluster, logistic regression, discriminant analysis, data mining tree, and ROC curves, to classify these companies into &quot;bankrupt&quot; and &quot;not bankrupt&quot;. This paper finds also evidences about the current credit underwriting inexperience among several financial institutions. The classification approaches included in this paper may be applied in real working practice whether by credit underwriters or by business decision-makers. The research was developed using financial and accounting information available in the Bureau van Dijk database. This paper suggests further analytical developments in the field of predictive bankruptcies and recommends improvements on the credit evaluation scorecards such as the inclusion of advanced online metrics to increase the accuracy of the creditworthiness evaluation of an e-commerce company.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

—

OECD FORD branch

50201 - Economic Theory

Project

—

Continuities

R - Projekt Ramcoveho programu EK

Publication year

2017

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

New Trends in Finance and Accounting

ISBN

978-3-319-49559-0

ISSN

2198-7246

e-ISSN

neuvedeno

Number of pages

12

Pages from-to

93-104

Publisher name

Springer International Publishing AG

Place of publication

Cham

Event location

Prague

Event date

May 27, 2016

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

000416113500009