메뉴 건너뛰기




Volumn 20, Issue 1, 2012, Pages 70-88

An agent-based simulation model of enterprises financial distress for the enterprise of different life cycle stage

Author keywords

Agent based simulation model; Enterprise life cycle; Financial distress

Indexed keywords

AGENT-BASED SIMULATION MODELS; COMPARATIVE ANALYSIS; ENTERPRISE LIFE CYCLE; FINANCIAL DISTRESS; LIFE CYCLE STAGES; MACRO-ENVIRONMENT; REAL SITUATION; SIMULATION MODEL; SIMULATION RESULT; START-UPS;

EID: 80053452059     PISSN: 1569190X     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.simpat.2011.08.008     Document Type: Article
Times cited : (23)

References (40)
  • 1
    • 40449123465 scopus 로고    scopus 로고
    • Failure processes and causes of company bankruptcy: A typology
    • H. Ooghe, and S. De Prijcker Failure processes and causes of company bankruptcy: a typology Management Decision 46 2008 223 242
    • (2008) Management Decision , vol.46 , pp. 223-242
    • Ooghe, H.1    De Prijcker, S.2
  • 3
    • 49349134343 scopus 로고
    • Early warning of bank failure: A logit regression approach
    • D. Martin Early warning of bank failure: a logit regression approach Journal of Banking and Finance 1977 249 276
    • (1977) Journal of Banking and Finance , pp. 249-276
    • Martin, D.1
  • 4
    • 0000666375 scopus 로고
    • Financial ratios and the probabilistic prediction of bankruptcy
    • J.A. Ohlson Financial ratios and the probabilistic prediction of bankruptcy Journal of Accounting Research 1980 109 131
    • (1980) Journal of Accounting Research , pp. 109-131
    • Ohlson, J.A.1
  • 5
    • 77953363678 scopus 로고    scopus 로고
    • Corporate financial distress diagnosis model and application in credit rating for listing firms in China
    • L. Zhang, E. Altman, and J. Yen Corporate financial distress diagnosis model and application in credit rating for listing firms in China Frontiers of Computer Science in China 4 2010 220 236
    • (2010) Frontiers of Computer Science in China , vol.4 , pp. 220-236
    • Zhang, L.1    Altman, E.2    Yen, J.3
  • 6
    • 77956344036 scopus 로고    scopus 로고
    • Financial distress prediction in banks using group method of data handling neural network, counter propagation neural network and fuzzy ARTMAP
    • P. Ravisankar, and V. Ravi Financial distress prediction in banks using group method of data handling neural network, counter propagation neural network and fuzzy ARTMAP Knowledge-Based Systems 23 2010 823 831
    • (2010) Knowledge-Based Systems , vol.23 , pp. 823-831
    • Ravisankar, P.1    Ravi, V.2
  • 7
    • 51749110039 scopus 로고    scopus 로고
    • Explaining financial difficulties based on previous payment behavior, management background variables and financial ratios
    • P. Back Explaining financial difficulties based on previous payment behavior, management background variables and financial ratios European Accounting Review 14 2005 839 868
    • (2005) European Accounting Review , vol.14 , pp. 839-868
    • Back, P.1
  • 8
    • 0032355128 scopus 로고    scopus 로고
    • Small business failure and external risk factors
    • J. Everett, and J. Watson Small business failure and external risk factors Small Business Economics 11 1998 371 390
    • (1998) Small Business Economics , vol.11 , pp. 371-390
    • Everett, J.1    Watson, J.2
  • 9
    • 33847127684 scopus 로고
    • Reasons for insolvency amongst small firms: A review and fresh evidence
    • G. Hall Reasons for insolvency amongst small firms: a review and fresh evidence Small Business Economics 4 1992 237 250
    • (1992) Small Business Economics , vol.4 , pp. 237-250
    • Hall, G.1
  • 10
    • 0037182602 scopus 로고    scopus 로고
    • Why companies fail - CEOs offer every excuse but the right one: Their own errors. Here are ten mistakes to avoid
    • R. Charan, and J. Useem Why companies fail - CEOs offer every excuse but the right one: their own errors. Here are ten mistakes to avoid Fortune 145 2002 50 62
    • (2002) Fortune , vol.145 , pp. 50-62
    • Charan, R.1    Useem, J.2
  • 11
    • 0000585667 scopus 로고
    • Top team deterioration as part of the downward spiral of large corporate bankruptcies
    • D.C. Hambrick, and R.A.D. Aveni Top team deterioration as part of the downward spiral of large corporate bankruptcies Management Science 38 1992 1445 1466
    • (1992) Management Science , vol.38 , pp. 1445-1466
    • Hambrick, D.C.1    Aveni, R.A.D.2
  • 12
    • 0002764834 scopus 로고
    • A resource dependence approach to organizational failure
    • J.P. Sheppard A resource dependence approach to organizational failure Social Science Research 24 1995 28 62
    • (1995) Social Science Research , vol.24 , pp. 28-62
    • Sheppard, J.P.1
  • 13
    • 54849418334 scopus 로고    scopus 로고
    • Critical variables of business failure: A review and classification framework
    • M. Pretorius Critical variables of business failure: a review and classification framework SAJEMS NS 11 2008 408 430
    • (2008) Sajems Ns , vol.11 , pp. 408-430
    • Pretorius, M.1
  • 14
    • 0002554419 scopus 로고
    • Financial ratios as predictors of failure, empirical research in accounting: Selected studies
    • W.H. Beaver Financial ratios as predictors of failure, empirical research in accounting: selected studies Journal of Accounting Research 4 1966 79 111
    • (1966) Journal of Accounting Research , vol.4 , pp. 79-111
    • Beaver, W.H.1
  • 15
    • 0001835543 scopus 로고
    • Failing company discriminant analysis
    • M. Blum Failing company discriminant analysis Journal of Accounting Research 1 1974 1 25
    • (1974) Journal of Accounting Research , vol.1 , pp. 1-25
    • Blum, M.1
  • 16
    • 84855620057 scopus 로고    scopus 로고
    • Product Portfolio Management - Multimethod Simulation Software Tool Anylogic
    • XJ Technologies - Anylogic, Product Portfolio Management - Multimethod Simulation Software Tool Anylogic.
    • XJ Technologies - Anylogic
  • 17
    • 70350055330 scopus 로고    scopus 로고
    • The impact of auditors' opinions, macroeconomic and industry factors on financial distress prediction: An empirical investigation
    • B. Tsai, C. Lee, and L. Sun The impact of auditors' opinions, macroeconomic and industry factors on financial distress prediction: an empirical investigation Review of Pacific Basin Financial Markets and Policies (RPBFMP) 12 2009 417 454
    • (2009) Review of Pacific Basin Financial Markets and Policies (RPBFMP) , vol.12 , pp. 417-454
    • Tsai, B.1    Lee, C.2    Sun, L.3
  • 19
    • 0034370337 scopus 로고    scopus 로고
    • Survival of newly founded businesses: A log-logistic model approach
    • T. Mahmood Survival of newly founded businesses: a log-logistic model approach Small Business Economics 14 2000 223 237
    • (2000) Small Business Economics , vol.14 , pp. 223-237
    • Mahmood, T.1
  • 21
    • 77953128085 scopus 로고    scopus 로고
    • A life cycle analysis of Hunan's enterprises and their determinants
    • C. Xiaohong, C. Yu, and W. Fuqiang A life cycle analysis of Hunan's enterprises and their determinants China Economic Review 21 2010 470 481
    • (2010) China Economic Review , vol.21 , pp. 470-481
    • Xiaohong, C.1    Yu, C.2    Fuqiang, W.3
  • 24
    • 9744260274 scopus 로고    scopus 로고
    • An explanation of the life span of new French firms
    • DOI 10.1023/B:SBEJ.0000032034.59035.b4
    • R. Abdesselam, J. Bonnet, and N. Le Pape An explanation of the life span of new French enterprises Small Business Economics 23 2004 237 254 (Pubitemid 39583135)
    • (2004) Small Business Economics , vol.23 , Issue.3 , pp. 237-254
    • Abdesselam, R.1    Bonnet, J.2    Le Pape, N.3
  • 25
    • 80655129160 scopus 로고    scopus 로고
    • The survival analysis of small start businesses
    • (in Chinese)
    • B. Wu, and Z.M. Wang The survival analysis of small start businesses Science Research Management 28 2007 41 44 (in Chinese)
    • (2007) Science Research Management , vol.28 , pp. 41-44
    • Wu, B.1    Wang, Z.M.2
  • 26
    • 0001915770 scopus 로고
    • Social structure and organization
    • J.G. March (Ed.) Rand McNally, Chicago
    • F. Stinchcombe, Social structure and organization, in: J.G. March (Ed.), Handbook of Organizations, Rand McNally, Chicago, 1965.
    • (1965) Handbook of Organizations
    • Stinchcombe, F.1
  • 27
    • 79959613884 scopus 로고
    • The liability of newness: Age dependence in organizational death rates
    • J.G. Freeman, R. Carool, and M.T. Hannan The liability of newness: age dependence in organizational death rates American Sociological Review 48 1983 692 710
    • (1983) American Sociological Review , vol.48 , pp. 692-710
    • Freeman, J.G.1    Carool, R.2    Hannan, M.T.3
  • 28
    • 84934561886 scopus 로고
    • Organizational mortality: The liabilities of newness and adolescence
    • J. Brüderl, and R. Schussler Organizational mortality: the liabilities of newness and adolescence Administrative Science Quarterly 35 1990 530 547
    • (1990) Administrative Science Quarterly , vol.35 , pp. 530-547
    • Brüderl, J.1    Schussler, R.2
  • 29
    • 0001789720 scopus 로고
    • Honeymoons and the liability of adolescence: A new perspective on duration dependence in social and organizational relationships
    • M. Fichman, and D. Levinthal Honeymoons and the liability of adolescence: a new perspective on duration dependence in social and organizational relationships Academy of Management Review 16 1991 442 468
    • (1991) Academy of Management Review , vol.16 , pp. 442-468
    • Fichman, M.1    Levinthal, D.2
  • 31
    • 0000013633 scopus 로고
    • On the size distribution of business enterprises
    • R.E. Lucas On the size distribution of business enterprises Bell Journal of Economics 9 1978 508 523
    • (1978) Bell Journal of Economics , vol.9 , pp. 508-523
    • Lucas, R.E.1
  • 34
    • 67649986527 scopus 로고    scopus 로고
    • Financial contracting with optimistic entrepreneurs
    • A. Landier, and D. Thesmar Financial contracting with optimistic entrepreneurs Review of Financial Studies 22 2009 117 150
    • (2009) Review of Financial Studies , vol.22 , pp. 117-150
    • Landier, A.1    Thesmar, D.2
  • 36
    • 0001066475 scopus 로고
    • Agency cost of free cash flow, corporate finance and takeovers
    • M. Jensen Agency cost of free cash flow, corporate finance and takeovers American Economic Review 76 1986 323 329
    • (1986) American Economic Review , vol.76 , pp. 323-329
    • Jensen, M.1
  • 37
    • 84993848601 scopus 로고
    • The modern industrial revolution, exit and the failure of internal control systems
    • M. Jensen The modern industrial revolution, exit and the failure of internal control systems Journal of Finance 48 1993 831 880
    • (1993) Journal of Finance , vol.48 , pp. 831-880
    • Jensen, M.1
  • 38
  • 40


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.