Corporate Financial Distress Prediction with Machine Learning Techniques
摘要
Understanding the potential for future failure of a firm is a critical concern within the business domain. This study aims to explore and compare various Machine Learning techniques utilized for predicting financial distress in Small and Medium-sized Enterprises (SMEs). In the paper we consider several Machine Learning models using a restricted dataset comprising selected Italian SMEs from 2017 to 2021, focusing on specific financial indicators. The objective is to evaluate the effectiveness of these models in forecasting financial distress.