2026 Edward I. Altman: Economics and Finance Researcher – H-Index, Publications & Awards

Discipline name	D-Index	World Ranking	Current World Ranking	National Ranking	Current National Ranking	Publications	Citations
Economics and Finance	78	302	271	222	195	260	44050

Overview

Edward I. Altman is affiliated with New York University in the United States and has contributed extensively to research in economics, econometrics, finance, business, management, and accounting. Their academic work spans multiple interrelated fields, particularly focusing on financial distress, bankruptcy prediction, credit risk, and financial regulations.

Altman's research encompasses several main fields of study:

Economics, Econometrics and Finance
Business, Management and Accounting

Within these broader areas, their work addresses significant subfields:

Accounting
Economics and Econometrics
Finance
General Economics, Econometrics and Finance
Artificial Intelligence

Their research topics highlight areas including:

Financial Distress and Bankruptcy Prediction
Insurance and Financial Risk Management
Credit Risk and Financial Regulations
Banking Stability, Regulation, Efficiency
Corporate Finance and Governance
Firm Innovation and Growth
Corporate Insolvency and Governance

Edward I. Altman has collaborated frequently with several co-authors, including:

Xiaolu Hu
Jing Yu
Mike Harmon
Rui Dai
Wei Wang

Their work has appeared in a variety of publication venues, with multiple papers published in:

SSRN Electronic Journal
The Journal of Credit Risk
Scientometrics
Applied Economics
Journal of International Business Studies

Notable recent papers authored by Edward I. Altman include:

"Global zombie companies: measurements, determinants, and outcomes," 2024, Journal of International Business Studies
"Rethinking SME default prediction: a systematic literature review and future perspectives," 2021, Scientometrics
"Has the Evergrande debt crisis rattled Chinese capital markets? A series of event studies and their implications," 2022, Finance Research Letters
"A Race for Long Horizon Bankruptcy Prediction," 2020, Applied Economics
"Covid-19 and the credit cycle," 2020, The Journal of Credit Risk

In addition to journal articles, they have contributed to book publications, including the "Handbook of Corporate Finance" published by Edward Elgar Publishing in 2024.

Best Publications

FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY

Edward I. Altman

15873
Citations
ZETATM analysis A new model to identify bankruptcy risk of corporations

Edward I. Altman;Robert G. Haldeman;P. Narayanan

2452
Citations
Credit risk measurement: Developments over the last 20 years

Edward I Altman;Anthony Saunders

1553
Citations
Corporate distress diagnosis: Comparisons using linear discriminant analysis and neural networks (the Italian experience)

Edward I. Altman;Giancarlo Marco;Franco Varetto

1377
Citations
The Link between Default and Recovery Rates: Theory, Empirical Evidence, and Implications*

Edward I. Altman;Brooks Brady;Andrea Resti;Andrea Sironi

1235
Citations
A Further Empirical Investigation of the Bankruptcy Cost Question

Edward I. Altman

1203
Citations
Introducing Recursive Partitioning for Financial Classification: The Case of Financial Distress

Halina Frydman;Edward I. Altman;Duen-Li Kao

1187
Citations
Corporate financial distress and bankruptcy : predict and avoid bankruptcy, analyze and invest in distressed debt

Edward I. Altman;Edith Hotchkiss

1045
Citations
Financial Distress Prediction in an International Context: A Review and Empirical Analysis of Altman's Z-Score Model

Edward I. Altman;Małgorzata Iwanicz-Drozdowska;Erkki K. Laitinen;Arto Suvas

959
Citations
PREDICTING FINANCIAL DISTRESS OF COMPANIES: REVISITING THE Z-SCORE AND ZETA ® MODELS

Edward I. Altman

932
Citations
Machine learning models and bankruptcy prediction

Flavio Barboza;Herbert Kimura;Edward Altman

650
Citations
Corporate financial distress : a complete guide to predicting, avoiding, and dealing with bankruptcy

Edward I. Altman

635
Citations
Modelling Credit Risk for SMEs: Evidence from the U.S. Market

Edward I. Altman;Gabriele Sabato

565
Citations
Measuring Corporate Bond Mortality and Performance

Edward I. Altman

559
Citations
Almost Everything You Wanted to Know about Recoveries on Defaulted Bonds

Unknown

549
Citations
How rating agencies achieve rating stability

Edward I. Altman;Herbert A. Rijken

536
Citations
Managing Credit Risk:The Next Great Financial Challenge

John B. Caouette;Edward I. Altman;Paul. Narayanan

420
Citations
The success of business failure prediction models: An international survey

Edward I. Altman

387
Citations
Corporate Financial Distress and Bankruptcy: A Complete Guide to Predicting & Avoiding Distress and Profiting from Bankruptcy

Edward I. Altman

383
Citations
Effects of the New Basel Capital Accord on Bank Capital Requirements for SMEs

Edward I. Altman;Gabriele Sabato

353
Citations
Recent Advances in Corporate Finance

Edward I. Altman;Marti G. Subrahmanyam

235
Citations
The Link between Default and Recovery Rates

Edward I. Altman;Brooks Brady;Andrea Resti;Andrea Sironi

57
Citations

Frequent Co-Authors

Anthony Saunders New York University

Nick Wilson University of Leeds

Reena Aggarwal Georgetown University

Marti G. Subrahmanyam New York University

Mark J. Flannery University of Florida

Matthew Richardson New York University

Charles Goodhart London School of Economics and Political Science

Marshall E. Blume University of Pennsylvania

George J. Benston Emory University

Thomas Philippon New York University

External Links

Personal website of Edward I. Altman

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