Bankruptcy is one of the most important issues in Financial Management and investment. Numerous studies on Bankruptcy Prediction have been carried out considering Quantitative factors and they applied different techniques on it to predict Bankruptcy, while only fewer studies have proposed and considered Qualitative factors for prediction of Bankruptcy and even then failure of bankruptcy persist...

strict liability is the result of philosophical ideas of lawyers in front of developments in human knowledge and complexity of social relationships. strict liability the main aim is facilitation of victim's compensation, so the proof of fault is not necessary and causation is sufficient. this type of liability is justified by various foundations of economics, society and morality. in the b...

This paper analyzes bankruptcy problems with nontransferable utility as a generalization of bankruptcy problems with monetary estate and claims. Following the classical axiomatic theory of bankruptcy, we formulate some appropriate properties for NTU-bankruptcy rules and study their implications. We explore duality of bankruptcy rules and we derive several characterizations of the generalized pr...

This article highlights two contrasting sets of images of tort that are dominant in UK culture. The first set reflects various aspects of the traditional portrayal of justice, which depicts tort as an independent ‘natural’ system of rules of universal application forming the foundation of a just society. The second group of images is more recent and relates to the perceived development of a dam...

OBJECTIVE The Veterans Health Administration's patient incident reporting system was established to obtain comprehensive data on adverse events that affect patients and to act as a harbinger for risk management. It maintains a dataset of tort claims that are made against Veterans Administration's employees acting within the scope of employment. In an effort to understand the thoroughness of rep...

this enigma that “how should tort law assign monetary values to human lives?” has preoccupied many legal scholars. in responding this question, two independent bodies of law try to redress the personal injuries in the united states;1-tort law, in which the courts use a case-specific numbers to assess damages, making individual differences crucial and 2-regulatory policy, that relies on a unifor...

Tort law presents a puzzle from an information cost point of view. Like property, its duties often avail against others generally, but unlike property it is appears not to be standardized and is more subject to judicial innovation. This essay argues that torts, like property, employs modular structures to manage the complexity of interactions between actors. Both property and torts solve the in...

Bankruptcy is a legal procedure that claims a person or organization as a debtor. It is essential to ascertain the risk of bankruptcy at initial stages to prevent financial losses. In this perspective, different soft computing techniques can be employed to ascertain bankruptcy. This study proposes a bankruptcy prediction system to categorize the companies based on extent of risk. The prediction...

The bankruptcy prediction models have long been proposedas a key subject in finance. The present study, therefore, makes aneffort to examine the corporate bankruptcy prediction through employmentof the genetic algorithm model. Furthermore, it attempts to evaluatethe strategies to overcome the drawbacks of ordinary methods forbankruptcy prediction through application of genetic algorithms. Thesa...