id	author	title	date	pages	extension	mime	words	sentences	flesch	summary	cache	txt
work_ijpwrqnasvcvxnxbbxgl2gza6m	Zhiyong Li	Dynamic prediction of financial distress using Malmquist DEA	2017	29	.pdf	application/pdf	10617	1263	69	Li, Z, Crook, J & Andreeva, G 2017, 'Dynamic prediction of financial distress using Malmquist DEA', Expert https://www.research.ed.ac.uk/portal/en/publications/dynamic-prediction-of-financial-distress-using-malmquist-dea(c2c245a9-3a0a-4208-977f-5e5a721e4945).html to time-varying Malmquist DEA, since dynamic predictive models allow one to incorporate changes addition to accurate financial distress predictions based on the DEA efficiency measures. Keywords: Malmquist DEA; Bankruptcy prediction; Financial distress; Efficiency; Dynamic model This paper is the first to apply dynamic time-varying efficiency scores in distress prediction. Malmquist DEA is used to produce dynamic efficiency scores over several periods. and 'bad' companies, while Min & Lee (2008) suggested using efficiency scores generated by DEA to efficiency models to predict the risk of bankruptcy or financial distress. knowledge, no study has conducted an analysis of efficiency scores in dynamic prediction models. this paper applies Malmquist DEA scores to dynamic prediction of financial distress by taking the time efficiency score of company i in sector s at period t is calculated with reference to the most 	./cache/work_ijpwrqnasvcvxnxbbxgl2gza6m.pdf	./txt/work_ijpwrqnasvcvxnxbbxgl2gza6m.txt