Empirics of Korean Shipping Companies’ Default Predictions

Empirics of Korean Shipping Companies’ Default Predictions

In this paper, we use a logit model to predict the probability of default for Korean shipping companies. We explore numerous financial ratios to find predictors of a shipping firm’s failure and construct four default prediction models. The results suggest that a model with industry specific indicato...

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Bibliographic Details
Main Authors: Sunghwa Park, Hyunsok Kim, Janghan Kwon, Taeil Kim
Format: Article
Language:English
Published: MDPI AG 2021-09-01
Series:Risks
Subjects:
default prediction
shipping company
logit model
risk management
financial information
Online Access:https://www.mdpi.com/2227-9091/9/9/159

Internet

https://www.mdpi.com/2227-9091/9/9/159

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