Predicting bankruptcy of firms using earnings call data and transfer learning

ABSTRACT: Business collapse is a common event in economies, small and big alike. A firm’s health is crucial to its stakeholders like creditors, investors, partners, etc. and prediction of the upcoming financial crisis is significantly important to devise appropriate strategies to avoid business collapses. Bankruptcy prediction has been regarded as a critical topic in the world of accounting and finance. Methodologies and strategies have been investigated in the research domain for predicting company bankruptcy more promptly and accurately. Conventionally, predicting the financial risk and bankruptcy has been solely achieved using the historic financial data. CEOs also communicate verbally via press releases and voice characteristics, such as emotion and tone may reflect a company’s success, accordin

SUBMITTER: Siddiqui H 

PROVIDER: S-EPMC10280182 | biostudies-literature | 2023 Jan

REPOSITORIES: biostudies-literature