U. Dellepiane, M. Di Marcantonio, E. Laghi, S. Renzi
This work aims at identifying an optimal set of features for predicting rms bankruptcy events in the current macroeconomic context. Firstly, we assess the e ectiveness of Support Vector Machines (SVMs) in comparison with other commonly used methods, considering a wide set of variables known in literature and new country-speci c macroeconomic factors. Secondly, we select optimal subsets of variables through a feature selection method. The results show that the conjunct use of SVMs and the proposed feature selection technique signi cantly improves the accuracy of forecasts. Furthermore, we show that nowadays the proposed country-speci c factors are relevant information for predicting bankruptcy events.
Parole Chiave: 
Decision Support Systems, Bankruptcy prediction, Support vector machines, Feature selection, Country-speci c factors
Tipo di pubblicazione: 
Rapporto Tecnico
Codice Pubblicazione: