메뉴 건너뛰기




Volumn , Issue , 2008, Pages 221-240

Early warning system for SMEs as a financial risk detector

Author keywords

[No Author keywords available]

Indexed keywords


EID: 70349532598     PISSN: None     EISSN: None     Source Type: Book    
DOI: 10.4018/978-1-59904-283-1.ch012     Document Type: Chapter
Times cited : (10)

References (59)
  • 1
    • 7944229970 scopus 로고
    • Zeta analysis: A new model to identify bankruptcy risk of corporations
    • June
    • Altman, E., Haldeman, G., & Narayanan, P. (1977). Zeta analysis: A new model to identify bankruptcy risk of corporations. Journal of Banking and Finance, June, 29-54.
    • (1977) Journal of Banking and Finance , pp. 29-54
    • Altman, E.1    Haldeman, G.2    Narayanan, P.3
  • 3
    • 29244445816 scopus 로고    scopus 로고
    • Predicting financial crises in emerging markets using a composite non-parametric model
    • Apoteker, T. & Barthelemythierry, S. (2005). Predicting financial crises in emerging markets using a composite non-parametric model. Emerging Markets Review, 6(4), 363-375.
    • (2005) Emerging Markets Review , vol.6 , Issue.4 , pp. 363-375
    • Apoteker, T.1    Barthelemythierry, S.2
  • 4
    • 0002554419 scopus 로고
    • Financial ratios as predictors of failure
    • Beaver, W. (1966). Financial ratios as predictors of failure. Journal of Accounting Research, pp. 71-111.
    • (1966) Journal of Accounting Research , pp. 71-111
    • Beaver, W.1
  • 5
    • 84898558766 scopus 로고    scopus 로고
    • The bank for international settlements
    • BIS, Retrieved April 13, 2008, from
    • BIS, The Bank for International Settlements. (2006). Basel II: Revised international capital framework. Retrieved April 13, 2008, from http://www.bis.org/publ/bcbsca.htm.
    • (2006) Basel II: Revised International Capital Framework
  • 6
    • 28444446341 scopus 로고    scopus 로고
    • Obstacles to entrepreneurship in a transition business environment: The case of albania
    • Bitzenis, A. & Nito, E. (2005). Obstacles to entrepreneurship in a transition business environment: The case of Albania. Journal of Small Business and Enterprise Development, 12(4), 564-578.
    • (2005) Journal of Small Business and Enterprise Development , vol.12 , Issue.4 , pp. 564-578
    • Bitzenis, A.1    Nito, E.2
  • 7
    • 0029492199 scopus 로고
    • Effectiveness of neural network types for predicition of business failure
    • Boritz, E. J., & Kennery, D. (1995). Effectiveness of neural network types for predicition of business failure. Expert Systems with Applications, 9,503-512.
    • (1995) Expert Systems with Applications , vol.9 , pp. 503-512
    • Boritz, E.J.1    Kennery, D.2
  • 8
    • 72749101592 scopus 로고    scopus 로고
    • Financial barriers to SME growth in Slovenia
    • Bukvic, V. & Bartlett, W. (2003). Financial barriers to SME growth in Slovenia. Economic and Business Review, 5(3), 161-181.
    • (2003) Economic and Business Review , vol.5 , Issue.3 , pp. 161-181
    • Bukvic, V.1    Bartlett, W.2
  • 10
    • 32644446885 scopus 로고    scopus 로고
    • Prediction of financial distress by multivariate statistical analysis: The case of firms taken into the surveillance market in the Istanbul stock exchange
    • Canbas, S., Onal, B. Y., Duzakin, H. G., & Kilic, S. B. (2006). Prediction of financial distress by multivariate statistical analysis: The case of firms taken into the surveillance market in the Istanbul Stock Exchange. International Journal of Theoretical & Applied Finance, 9(1), 133.
    • (2006) International Journal of Theoretical & Applied Finance , vol.9 , Issue.1 , pp. 133
    • Canbas, S.1    Onal, B.Y.2    Duzakin, H.G.3    Kilic, S.B.4
  • 11
    • 33947629160 scopus 로고    scopus 로고
    • Data mining of resilience indicators
    • Chan, N. H. & Wong, H. Y. (2007). Data mining of resilience indicators. IIE Transactions, 39, 617-627.
    • (2007) IIE Transactions , vol.39 , pp. 617-627
    • Chan, N.H.1    Wong, H.Y.2
  • 12
    • 34548476936 scopus 로고    scopus 로고
    • The effect of organizational attributes on the adoption of data mining techniques in the financial service industry: An empirical study in Taiwan
    • Chang, S., Chang, H., Lin, C., & Kao, S. (2003). The effect of organizational attributes on the adoption of data mining techniques in the financial service industry: An empirical study in Taiwan. International Journal of Management, 20, 497-503.
    • (2003) International Journal of Management , vol.20 , pp. 497-503
    • Chang, S.1    Chang, H.2    Lin, C.3    Kao, S.4
  • 13
    • 0001618449 scopus 로고
    • Life insurer financial distress prediction: A neural network model
    • Chin-Sheng, H., Dorsey, R. E., & Boose, M.A. (1994). Life insurer financial distress prediction: A neural network model. Journal of Insurance Regulation, 13(2), 131-168.
    • (1994) Journal of Insurance Regulation , vol.13 , Issue.2 , pp. 131-168
    • Chin-Sheng, H.1    Dorsey, R.E.2    Boose, M.A.3
  • 15
    • 0012580072 scopus 로고
    • Recognizing financial distress patterns using a neural network tool
    • Coats, P. K., & Frant, F. L. (1993). Recognizing financial distress patterns using a neural network tool. Financial Management, 22(3), 142-155.
    • (1993) Financial Management , vol.22 , Issue.3 , pp. 142-155
    • Coats, P.K.1    Frant, F.L.2
  • 16
    • 84898594802 scopus 로고    scopus 로고
    • Is your company at risk?
    • Collard, J. M. (2002). Is your company at risk? Strategic Finance, 84(1), 37-39.
    • (2002) Strategic Finance , vol.84 , Issue.1 , pp. 37-39
    • Collard, J.M.1
  • 17
    • 0000275837 scopus 로고
    • A discriminant analysis of predictors of business failure
    • Deakin, E. B. (1972). A discriminant analysis of predictors of business failure. Journal of Accounting Research, 10(1), 167-179.
    • (1972) Journal of Accounting Research , vol.10 , Issue.1 , pp. 167-179
    • Deakin, E.B.1
  • 19
    • 84998153406 scopus 로고    scopus 로고
    • Using the self- organizing map as a visualization tool in financial benchmarking
    • Eklund, T., Back, B., Vanharanta, H., & Visa, A. (2003). Using the self- organizing map as a visualization tool in financial benchmarking. Information Visualization, 2, 171-181.
    • (2003) Information Visualization , vol.2 , pp. 171-181
    • Eklund, T.1    Back, B.2    Vanharanta, H.3    Visa, A.4
  • 20
  • 21
    • 65549111503 scopus 로고    scopus 로고
    • A review of the literature on early warning systems for banking crises
    • (Working papers No: 183)
    • Gaytan, A. & Johnson, A. J. (2002). A review of the literature on early warning systems for banking crises (Working papers No: 183). Central Bank of Chile.
    • (2002) Central Bank of Chile
    • Gaytan, A.1    Johnson, A.J.2
  • 22
    • 0043076323 scopus 로고    scopus 로고
    • Early warning models in real time
    • Gunther, J. W. & Moore, R. R. (2003). Early warning models in real time. Journal of Banking, 27(10), 1979-2001.
    • (2003) Journal of Banking , vol.27 , Issue.10 , pp. 1979-2001
    • Gunther, J.W.1    Moore, R.R.2
  • 23
    • 0001571041 scopus 로고
    • Failure prediction: Sensitivity of classification accuracy to alternative statistical method and variable sets
    • Hamer, M. (1983). Failure prediction: Sensitivity of classification accuracy to alternative statistical method and variable sets. Journal of Accounting and Public Policy, 2, 289-307.
    • (1983) Journal of Accounting and Public Policy , vol.2 , pp. 289-307
    • Hamer, M.1
  • 25
    • 84898590949 scopus 로고    scopus 로고
    • Financing small and medium industries in Nigeria-case study of the small and medium industries equity investment scheme: Emprical research finding
    • Inegbenebor, A. U. (2006). Financing small and medium industries in Nigeria-case study of the small and medium industries equity investment scheme: Emprical research finding. Journal of Financial Management & Analysis, 19(1), 71-80.
    • (2006) Journal of Financial Management & Analysis , vol.19 , Issue.1 , pp. 71-80
    • Inegbenebor, A.U.1
  • 26
    • 84898551694 scopus 로고    scopus 로고
    • Indicators of financial crises do work! an early-warning system for six Asian countries
    • Jacobs, L. J. & Kuper, G. H. (2004). Indicators of financial crises do work! An early-warning system for six Asian countries. International Finance, 0409001, 39.
    • (2004) International Finance, 0409001 , pp. 39
    • Jacobs, L.J.1    Kuper, G.H.2
  • 27
    • 0000641011 scopus 로고
    • Current techniques in bankruptcy prediction
    • Jones, F. (1987). Current techniques in bankruptcy prediction. Journal of Accounting Literature, 6, 131-164.
    • (1987) Journal of Accounting Literature , vol.6 , pp. 131-164
    • Jones, F.1
  • 28
    • 34347335731 scopus 로고    scopus 로고
    • The contribution of domestic and external factors to emerging market currency crises: An early warning system
    • Kamin, S. B., Schindler, J., & Samuel, S. (2007). The contribution of domestic and external factors to emerging market currency crises: An early warning system. International Journal of Finance and Economics, 12(3), 317-322.
    • (2007) International Journal of Finance and Economics , vol.12 , Issue.3 , pp. 317-322
    • Kamin, S.B.1    Schindler, J.2    Samuel, S.3
  • 30
    • 0039623697 scopus 로고
    • Substantial doubts: Using artificial neural networks to evaluate going concern
    • In, Greenwich: JAI Press
    • Klersey, G. F. &Dugan, M.T. (1995). Substantial doubts: Using artificial neural networks to evaluate going concern. In Advanced in Accounting Information Systems. Greenwich: JAI Press.
    • (1995) Advanced in Accounting Information Systems
    • Klersey, G.F.1    Dugan, M.T.2
  • 32
    • 84898584383 scopus 로고    scopus 로고
    • An evolutionary modularized data mining mechanism for financial distress forecasts
    • In A. Ghosh, & L.C. Jain (Eds.), Berlin Heidelberg, Germany, Springer-Verlag
    • Ko, P. C. & Lin, P. C. (2005). An evolutionary modularized data mining mechanism for financial distress forecasts. In A. Ghosh, & L.C. Jain (Eds.), Evolutionary Computation in Data Mining (pp. 249-263). Berlin Heidelberg, Germany: Springer-Verlag.
    • (2005) Evolutionary Computation in Data Mining , pp. 249-263
    • Ko, P.C.1    Lin, P.C.2
  • 36
    • 70349524582 scopus 로고    scopus 로고
    • Is there a specific measure for financial performance of SMEs?
    • Koyuncugil, A. S. & Ozgulbas, N. (2006b). Is there a specific measure for financial performance of SMEs? The Business Review, 5(2), 314-319.
    • (2006) The Business Review , vol.5 , Issue.2 , pp. 314-319
    • Koyuncugil, A.S.1    Ozgulbas, N.2
  • 38
    • 70449425239 scopus 로고    scopus 로고
    • Researching the early warning signals for the enterprises in Turkey
    • Kutman, O. (2001). Researching the early warning signals for the enterprises in Turkey. Journal of Dogus University, 4, 59-70.
    • (2001) Journal of Dogus University , vol.4 , pp. 59-70
    • Kutman, O.1
  • 39
    • 23744439410 scopus 로고    scopus 로고
    • Industry-specific cycles and companies' financial performance comparison using self-organising maps
    • Lansiluoto, A., Eklund, T., Barbro, B., Vanharanta, H., & Visa, A. (2004). Industry-specific cycles and companies' financial performance comparison using self-organising maps. Benchmarking, 11, 267-286.
    • (2004) Benchmarking , vol.11 , pp. 267-286
    • Lansiluoto, A.1    Eklund, T.2    Barbro, B.3    Vanharanta, H.4    Visa, A.5
  • 40
    • 79959315337 scopus 로고    scopus 로고
    • Assessing early warning signals of currency crises: A fuzzy clustering approach
    • Liu, S. & Lindholm, C. K. (2006), Assessing early warning signals of currency crises: A fuzzy clustering approach. Intelligent Systems in Accounting, Finance and Management, 14(4), 179-184.
    • (2006) Intelligent Systems in Accounting, Finance and Management , vol.14 , Issue.4 , pp. 179-184
    • Liu, S.1    Lindholm, C.K.2
  • 41
    • 12244268931 scopus 로고    scopus 로고
    • The language of quarterly reports as an indicator of change in the company's financial staus
    • Magnusson, C., Arppe, A., Eklund, T., & Back, B. (2005). The language of quarterly reports as an indicator of change in the company's financial staus. Information & Management, 42, 561-570.
    • (2005) Information & Management , vol.42 , pp. 561-570
    • Magnusson, C.1    Arppe, A.2    Eklund, T.3    Back, B.4
  • 43
    • 84993839832 scopus 로고
    • Prediction of bank failures
    • Meyer, P. A., & Pifer, W. H. (1970). Prediction of bank failures. The Journal of Finance, 25(4),853-868.
    • (1970) The Journal of Finance , vol.25 , Issue.4 , pp. 853-868
    • Meyer, P.A.1    Pifer, W.H.2
  • 47
    • 70349630884 scopus 로고    scopus 로고
    • Identifying the effect of firm size on financial performance of SMEs
    • Ozgulbas, N., Koyuncugil, A. S., & Yilmaz, F. (2006). Identifying the effect of firm size on financial performance of SMEs. The Business Review, 5(2), 162-167.
    • (2006) The Business Review , vol.5 , Issue.2 , pp. 162-167
    • Ozgulbas, N.1    Koyuncugil, A.S.2    Yilmaz, F.3
  • 48
    • 0011415904 scopus 로고
    • Predicting failures of savings and loan associations
    • Pantalone, C., & Platt, M. (1987). Predicting failures of savings and loan associations. AREUEA Journal, 15, 46-64.
    • (1987) AREUEA Journal , vol.15 , pp. 46-64
    • Pantalone, C.1    Platt, M.2
  • 49
    • 29244432916 scopus 로고    scopus 로고
    • Strategic orientation, management characteristics, and performance: A study of Spanish SMEs
    • Sanchez, A. & Marin, G. S. (2005). Strategic orientation, management characteristics, and performance: A study of Spanish SMEs. Journal of Small Business Management, 43(3), 287-309.
    • (2005) Journal of Small Business Management , vol.43 , Issue.3 , pp. 287-309
    • Sanchez, A.1    Marin, G.S.2
  • 50
    • 78049278861 scopus 로고    scopus 로고
    • In, T.S. Lin, S. Ohsuga, J. Liau, & X. Hu (Eds.), Shyu, M. L., Chen, S.C., Sarinnapakorn, K., and Chang, L (pp. 311-329) Springer-Verlag
    • Shyu, M. L., Chen, S.C., Sarinnapakorn, K., and Chang, L. (2006). Principal component-based anomaly detection scheme. InT.S. Lin, S. Ohsuga, J. Liau, & X. Hu (Eds.), Shyu, M. L., Chen, S.C., Sarinnapakorn, K., and Chang, L (pp. 311-329) Springer-Verlag.
    • (2006) Principal Component-based Anomaly Detection Scheme
    • Shyu, M.L.1    Chen, S.C.2    Sarinnapakorn, K.3    Chang, L.4
  • 52
    • 1842718825 scopus 로고
    • Going, going gone - four factors which predict
    • Taffler, R. & Tisshaw, H. (1977). Going, going gone - four factors which predict. Accountancy, March, 50-54.
    • (1977) Accountancy, March , pp. 50-54
    • Taffler, R.1    Tisshaw, H.2
  • 53
    • 80052826948 scopus 로고    scopus 로고
    • A study on using artificial neural networks to develop an early warning predictor for credit union financial distress with comparison to the probit model
    • Tan, C. N., & Dihardjo, H. (2001). A study on using artificial neural networks to develop an early warning predictor for credit union financial distress with comparison to the probit model. Managerial Finance, 27(4), 56-78.
    • (2001) Managerial Finance , vol.27 , Issue.4 , pp. 56-78
    • Tan, C.N.1    Dihardjo, H.2
  • 54
    • 34248571919 scopus 로고    scopus 로고
    • Biological braininspired genetic complementary learning for stock market and bank failure prediction
    • Tan, Z. & Quektuan, C. (2007). Biological braininspired genetic complementary learning for stock market and bank failure prediction. Computational Intelligence, 23(2), 236-242.
    • (2007) Computational Intelligence , vol.23 , Issue.2 , pp. 236-242
    • Tan, Z.1    Quektuan, C.2
  • 55
    • 84898550188 scopus 로고    scopus 로고
    • The New York Stock Exchange, Retrieved April 13, 2008, from
    • The New York Stock Exchange (2007). Retrieved April 13, 2008, from www.nyse.com.
    • (2007)
  • 56
    • 84898586352 scopus 로고    scopus 로고
    • The Stock Exchange of Thailand, Retrieved April 13, 2008, from
    • The Stock Exchange of Thailand (2007). Retrieved April 13, 2008, from www.set.or.th/en/index.html.
    • (2007)
  • 58
    • 84856531935 scopus 로고
    • Assessing the vulnerability to failure of American industrial firms: A logistics analysis
    • Zavgren, C. (1985). Assessing the vulnerability to failure of American industrial firms: A logistics analysis. Journal of Accounting Research, 22, 59-82.
    • (1985) Journal of Accounting Research , vol.22 , pp. 59-82
    • Zavgren, C.1
  • 59
    • 0001953906 scopus 로고
    • Methodological issues related to the estimation of financial distress prediction models
    • (Supplement)
    • Zmijewski, M. E. (1984). Methodological issues related to the estimation of financial distress prediction models. Journal of Accounting Research, (Supplement), 59-82.
    • (1984) Journal of Accounting Research , pp. 59-82
    • Zmijewski, M.E.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.