What question did this study set out to answer?

The study evaluates and compares the predictive performance of discriminant analysis and logistic regression for bankruptcy prediction in a specific industry.

March 7, 2026MathematicsOpen Access

El Clásico Revisited: Discriminant Analysis Versus Logistic Regression for Bankruptcy Prediction in the Accommodation and Food Service Industry Across B9 Countries

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Authors

SVSimona VojtekovaUniversity of Žilina KKKatarína KramárováUniversity of Žilina VLVeronika LabosovaUniversity of Žilina

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Implication

Comparative analysis reveals predictive power of models for bankruptcy in the accommodation and food service industry, suggesting actionable insights for managers.

Key Points

The study evaluates and compares the predictive performance of discriminant analysis and logistic regression for bankruptcy prediction in a specific industry.
Used a sample of 4395 companies across B9 countries.
Evaluated models on multiple performance metrics, including accuracy and F1-score.
Identified significant predictors of bankruptcy for each method.
Both methods achieved high predictive performance, with metrics exceeding 0.92.
Identified six significant bankruptcy predictors, including financial leverage and return on costs.
Results showed comparable predictive power, indicating a methodological 'draw.'

Cite This Study

Vojtekova et al. (2026) studied this question.

synapsesocial.com/papers/69abc1b45af8044f7a4ea9a2 https://doi.org/10.3390/math14050889

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Implication

Comparative analysis reveals predictive power of models for bankruptcy in the accommodation and food service industry, suggesting actionable insights for managers.

El Clásico Revisited: Discriminant Analysis Versus Logistic Regression for Bankruptcy Prediction in the Accommodation and Food Service Industry Across B9 Countries

Discussion

Member takes

Implication

Key Points

Cite This Study

El Clásico Revisited: Discriminant Analysis Versus Logistic Regression for Bankruptcy Prediction in the Accommodation and Food Service Industry Across B9 Countries

Discussion

Member takes

Implication

Key Points

Cite This Study

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