TY - JOUR T1 - Designing Bankruptcy Prediction System Using Artificial Neural Network Based on Evidence from Iranian Manufacturing Companies AU - Zeidi, Abbas Ramzanzadeh AU - Fadakar, Seyd Mehdy AU - Akbarpoor, Keyvan AU - Salimi, Maryam JO - International Business Management VL - 10 IS - 26 SP - 5973 EP - 5982 PY - 2016 DA - 2001/08/19 SN - 1993-5250 DO - ibm.2016.5973.5982 UR - https://makhillpublications.co/view-article.php?doi=ibm.2016.5973.5982 KW - Designing system KW -artificial neural network KW -bankruptcy prediction KW -Tehran Stock Exchange AB - Financial distress and bankruptcy result in a lot of costs. The costs will extend to different groups such as creditors, investors, managers, legal institutions and eventually capital owners. Bankruptcy prediction is a way that significantly can avoid financial distress. The purpose of the study is to design a system using artificial neural network to predict bankruptcy of companies listed in Tehran Stock Exchange before occurring bankruptcy, this system should be designed in a way that can predict the financial situation of company within the next three years. The research method is ex-post facto or survey and the statistical population of research including companies listed in Tehran Stock Exchange during 2001-2010. The data of 54 companies (30 bankrupt companies and 24 companies with Tobin Q above one) was tested by two parameters: 0.15 and 03% accuracy (optimism and pessimism). ER -