COVID-19 has generated an unprecedented shock to the global economy causing both the decrease in demand and supply. The purpose of this paper is to simulate the effect of COVID-19 on firms’ financial statements in Brescia. The shocked information is then fed into two bankruptcy models with the aim of providing an up-to-date picture of firms’ economic health in one of the most prosperous industrial areas in Italy and Europe.
Bernardi, A., Bragoli, D., Fedreghini, D., Ganugi, T., Marseguerra, G., COVID-19 and firms’ financial health in Brescia: a simulation with Logistic regression and neural networks, <<NATIONAL ACCOUNTING REVIEW>>, 2021; volume 3 (issue 3): 293-309. [doi:10.3934/NAR.2021015] [http://hdl.handle.net/10807/183954]
COVID-19 and firms’ financial health in Brescia: a simulation with Logistic regression and neural networks
Bragoli, D
;Fedreghini, D;Ganugi, T;Marseguerra, G
2021
Abstract
COVID-19 has generated an unprecedented shock to the global economy causing both the decrease in demand and supply. The purpose of this paper is to simulate the effect of COVID-19 on firms’ financial statements in Brescia. The shocked information is then fed into two bankruptcy models with the aim of providing an up-to-date picture of firms’ economic health in one of the most prosperous industrial areas in Italy and Europe.
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