Conference Publication Details
Mandatory Fields
Nachev, A;Hill, S;Stoyanov, B
ENTERPRISE INFORMATION SYSTEMS-BK
Insolvency Prediction of Irish Companies Using Backpropagation and Fuzzy ARTMAP Neural Networks
2009
January
Published
1
WOS: 1 ()
Optional Fields
BANKRUPTCY PREDICTION
287
This Study explores experimentally the potential of BPNNs and Fuzzy ARTMAP neural networks to predict insolvency of Irish firms. We used financial information for Irish companies for a period of six years, preprocessed properly in order to be used with neural networks. Prediction results show that with certain network parameters the Fuzzy ARTMAP model outperforms BPNN. It outperforms also self-organising feature maps as reported by other studies that use the same dataset. Accuracy of predictions was validated by ROC analysis, AUC metrics, and leave-one-out cross-validation.
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