Comparing the Performance of Market-Based and Accounting-Based Bankruptcy Prediction Models

The Pricing of Options and Corporate Liabilities

Fischer Black, Myron S. Scholes · Journal of Political Economy · 1973 · 29.4K citations

Business, Economics, Finance +13

The meaning and use of the area under a receiver operating characteristic (ROC) curve.

J A Hanley, Barbara J. McNeil · Radiology · 1982 · 21.8K citations

Medicine, Biostatistics, Clinical Sciences +12

FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY

Edward I. Altman · The Journal of Finance · 1968 · 13.6K citations

Business, Business Economics, Finance +16

ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES*

Robert C. Merton · The Journal of Finance · 1974 · 11K citations · Full text

Business, Finance, Asset Pricing +16

A method of comparing the areas under receiver operating characteristic curves derived from the same cases.

J A Hanley, Barbara J. McNeil · Radiology · 1983 · 7.1K citations

Medicine, Biostatistics, Radiology +16