Mabutho Sibanda is an associate professor of finance in the College of Law and Management Studies at the University of KwaZulu-Natal in South Africa. He is a blended academic with experience in investment banking, and higher education. Professor Mabutho Sibanda is an interdisciplinary researcher with interests in development finance, financial markets, tourism and environmental economics. Currently, he is a doctoral research supervisor of F. R. Matenda.
Corporate default risk modeling under distressed economic and financial conditions in a developing economy
The authors create stepwise logistic regression models to predict the probability of default for private nonfinancial firms under distressed financial and economic conditions in a developing economy. Their main aim is to identify and interpret the…