Skip to Main Content
The New Advanced Society
book

The New Advanced Society

by Sandeep Kumar Panda, Ramesh Kumar Mohapatra, Subhrakanta Panda, S. Balamurugan
April 2022
Intermediate to advanced content levelIntermediate to advanced
512 pages
12h 53m
English
Wiley-Scrivener
Content preview from The New Advanced Society

18An Extensive Survey on the Prediction of Bankruptcy

Sasmita Manjari Nayak and Minakhi Rout*

School of Computer Engineering, Kalinga Institute of Industrial Technology (Deemed to be) University, Bhubaneswar, India

Abstract

Prediction of bankruptcy is an active area for research which is associated with the state of insolvency where a company or a person is unable to repay the creditors the debt amount. Up to now so many statistical and machine learning based models have been introduced for bankruptcy prediction. The pre-processing phase is an important step to enhance the performance of the model. Thus, one needs to choose effective pre-processing techniques which can be more suitable for the data set considered. So, this chapter focused on both the model, specifically, ensemble models for classification to address how new improved models are developed by combining two or more simple developed techniques and pre-processing techniques in order to address the imbalanced nature of the data and outlier if any present in the data. In most of the chapters the authors make some comparisons to show up the performance of their models with some other previously developed models. Here, we observed from the survey that the pre-processed datasets give better prediction outcome and it also proved that the ensemble models are more powerful for bankruptcy prediction as compared to the single models.

Keywords: Bankruptcy prediction, ensemble models, imbalance dataset, outlier, pre-processing, ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Start your free trial

You might also like

The Unintended Consequences of Technology

The Unintended Consequences of Technology

Chris Ategeka
How to Help High Achievers Overcome Imposter Syndrome

How to Help High Achievers Overcome Imposter Syndrome

Morela Hernandez, Christina Lacerenza

Publisher Resources

ISBN: 9781119824473Purchase Link