Year 2022

• Accounting Quality and Audit Attributes on the Stock Price Crashes in an Emerging Market

  Publication

  • M. Salehi
  • G. Zimon
  • H. Hashim
  • R. Jędrzejczak
  • A. Sadowski

  - Risks - Year 2022

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• Consumer Bankruptcy Prediction Using Balanced and Imbalanced Data

  Publication

  • M. Brygała

  - Risks - Year 2022

  This paper examines the usefulness of logit regression in forecasting the consumer bankruptcy of households using an imbalanced dataset. The research on consumer bankruptcy prediction is of paramount importance as it aims to build statistical models that can identify consumers in a difficult financial situation that may lead to consumer bankruptcy. In the face of the current global pandemic crisis, the future of household finances...

• Which Curve Fits Best: Fitting ROC Curve Models to Empirical Credit-Scoring Data

  Publication

  • B. Kochański

  - Risks - Year 2022

  In the practice of credit-risk management, the models for receiver operating characteristic (ROC) curves are helpful in describing the shape of an ROC curve, estimating the discriminatory power of a scorecard, and generating ROC curves without underlying data. The primary purpose of this study is to review the ROC curve models proposed in the literature, primarily in biostatistics, and to fit them to actual credit-scoring ROC data...

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Year 2021

• Evolutionary Game Analysis of the Partners’ Behavior in the Rural E-Payment Market of China

  Publication

  • J. Wiśniewski
  • E. Sokołowska
  • J. Wu
  • A. Dziadkiewicz

  - Risks - Year 2021

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• Short-Term Price Reaction to Filing for Bankruptcy and Restructuring Proceedings—The Case of Poland

  Publication

  • B. Prusak
  • M. Potrykus

  - Risks - Year 2021

  This study aims to check market reaction to filing for bankruptcy and restructuring proceedings and to verify the short-term effect of a price reversal in the Polish market in the years 2004–2019. The research was conducted by dividing the analysed companies according to the procedure (bankruptcy and restructuring) and market (the main market and the NewConnect market). The research methodology used in the study is the event analysis...

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Year 2020

• Application of Diffusion Models in the Analysis of Financial Markets: Evidence on Exchange Traded Funds in Europe

  Publication

  • E. Lechman
  • A. Marszk

  - Risks - Year 2020

  Exchange traded funds (ETFs) are financial innovations that may be considered as a part of the index financial instruments category, together with stock index derivatives. The aim of this paper is to explore the trajectories and formulates predictions regarding the spread of ETFs on the financial markets in six European countries. It demonstrates ETFs’ development trajectories with regard to stock index futures and options that...

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