Graphical Data Representation in Bankruptcy Analysis
17

Fig. 13. The luminance and saturation dimensions of the HLS colour space. We
will keep luminance and saturation constant and encode the information about PDs
with hue.
References
1. Altman, E.: 1968, ‘Financial Ratios, Discriminant Analysis and the Prediction
of Corporate Bankruptcy’. The Journal of Finance pp. 589-609.
2. Barlow, R. E., J. M. Bartholomew, J. M. Bremmer, and H. D. Brunk: 1972,
Statistical Inference Under Order Restrictions. John Wiley & Sons, New York,
NY.
3. Beaver, W.: 1966, ‘Financial Ratios as Predictors of Failures. Empirical Research
in Accounting: Selected Studies’. Journal of Accounting Research pp. 71-111.
supplement to vol. 5.
4. Frydman, H., E. Altman, and D.-L. Kao: 1985, ‘Introducing Recursive Partition-
ing for Financial Classification: The Case of Financial Distress’. The Journal of
Finance 40(1), 269-291.
5. Füser, K.: 2002, ‘Basel II - was muβ der Mittelstand tun?’.
http://www.ey.com/global/download.nsf/Germany/Mittelstandsrating/
$file/Mittelstandsrating.pdf.
6. Gale, D., H. W. Kuhn, and A. W. Tucker: 1951, Linear Programming and the
Theory of Games, in Activity Analysis of Production and Allocation, T. C.
Koopmans (ed.). John Wiley & Sons, New York, NY.
7. Hardle, W., Z. Hlavka, and S. Klinke: 2000a, XploRe Application Guide. Springer
Verlag, Berlin.
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