Abstract
COVID-19 has generated an unprecedented shock to the global economy causing both the decrease in demand and supply. The purpose of this paper is to simulate the effect of COVID-19 on firms’ financial statements in Brescia. The shocked information is then fed into two bankruptcy models\r\nwith the aim of providing an up-to-date picture of firms’ economic health in one of the most prosperous industrial areas in Italy and Europe.
Original language | English |
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Pages (from-to) | 293-309 |
Number of pages | 17 |
Journal | NATIONAL ACCOUNTING REVIEW |
Volume | volume 3 |
Issue number | issue 3 |
DOIs | |
Publication status | Published - 2021 |
All Science Journal Classification (ASJC) codes
- Economics and Econometrics
Keywords
- COVID-19
- financial statements
- logistic regression
- neural networks