Looking for data on bankruptcy prediction

Question

I am wondering if anyone knows where I can find data to train a classification model for bankruptcy prediction.

Bankruptcy prediction appears to be a popular topic, and there are tons of papers about it (see Google Scholar). I've searched through a large number of these papers, but unfortunately none of them include a link to the data they used to train their models. I've also contacted a few authors, but have not heard back to date.

Ideally, I am hoping to find data that contains accounting-related features (X) which can be used to predict whether a firm will go bankrupt or not (Y). It would also be nice to find a dataset that has been used in a previous study (so that I have a benchmark for my model). Many of the datasets in the literature appear to contain around N=1000 examples with about P=5-60 features. The only dataset that I have found so far is the qualitative bankruptcy dataset on UCI (which is not great since it has been derived from other data, and processed substantially).

Answer 1

In the U.S., bankruptcy data is found in several places. Depending on which parameters you decide are important for your tool and algorithm, some of the following datasets should be helpful to you:

• Recent bankruptcies, findings, and maps from the U.S. Courts
• Bankruptcy statistics from the U.S. Department of Justice
• Public bankruptcy cases from the U.S. Securities and Exchange Commission

The challenge with any predictive modeling is not where to find the data, but which data will be true indicators of the item you are trying to predict. In this case, the data above show the companies that have become bankrupt. Your challenge is finding those factors that led to their bankruptcy...a much more difficult problem. In this case, it may be that data such as:

• Chapter 7 Trustee reports from U.S. Department of Justice
• UCLA Bankruptcy Research Database

These may point to the underlying causes and complexity in the area you are researching.

Answer 2

In my study of the same problem, I am using this:

https://archive.ics.uci.edu/ml/datasets/Polish+companies+bankruptcy+data,

which contains 64 attributes and over 40000 records.