Discriminant Analysis And Prediction Of Corporate Failure
Download Discriminant Analysis And Prediction Of Corporate Failure full books in PDF, epub, and Kindle. Read online free Discriminant Analysis And Prediction Of Corporate Failure ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Author | : Prof. Suleiman A. S. Aruwa |
Publisher | : |
Total Pages | : |
Release | : 2009 |
Genre | : |
ISBN | : |
Download Discriminant Analysis and Prediction of Corporate Failure Book in PDF, Epub and Kindle
The ability to predict performance and future financial conditions is useful and important to management, investors, creditors and the economy. Not only because it provides an opportunity for the impact of intended operating and financial policies to be assessed, but more importantly because appropriate preventive measures such as changing operating and financial policies or even re-organization of the financial structure can be put in place in case of probable financial distress. This study therefore critically reviewed the various multivariate techniques of predicting corporate failure with a view to examining their effectiveness and predictive power. The review was done through an examination and analysis of relevant documents; articles in journals, magazines, economic and financial reviews and a host of others. The study specifically reviewed the works of Beaver(1967), Altman (1968 and 1977), Springate (1978); Fulmer (1984); Patrick (1931amp;1932); Merwin (1942); Taffler (1991); Edmister (1972); Osaze (1985); Blasztk (1984), the CAMEL model for the prediction of financial distress in banks, the Gamblers' ruin models, the Artificial Neural Network models and a host of others. The review has revealed the inadequacies of univariate ratio analysis in predicting corporate failure and established the fact that financial ratios if analyzed within the context of multivariate framework, take greater statistical significance in predicting failure than univariate ratio analysis.
Author | : Edward I. Altman |
Publisher | : Facsimiles-Garl |
Total Pages | : 192 |
Release | : 1988 |
Genre | : Bankruptcy |
ISBN | : |
Download The Prediction of Corporate Bankruptcy Book in PDF, Epub and Kindle
Author | : Ram Avtar Yadav |
Publisher | : Concept Publishing Company |
Total Pages | : 222 |
Release | : 1986 |
Genre | : Corporations |
ISBN | : |
Download Financial Ratios and the Prediction of Corporate Failure Book in PDF, Epub and Kindle
Author | : Paul O. Molokwu |
Publisher | : |
Total Pages | : 0 |
Release | : 1986 |
Genre | : |
ISBN | : |
Download An Investigation of Multiple Discriminant Analysis, and the Prediction of Corporate Failure Book in PDF, Epub and Kindle
Author | : R.A.I. van Frederikslust |
Publisher | : Springer Science & Business Media |
Total Pages | : 126 |
Release | : 2012-12-06 |
Genre | : Social Science |
ISBN | : 1468471910 |
Download Predictability of corporate failure Book in PDF, Epub and Kindle
1. 0 INTRODUCTION. In this chapter we define first in Section I. I the concept of failure used in this study. Thereafter, we discuss briefly the causes and possible consequ ences of failure. Finally, we explain in Section 1. 2 the aim of this study. 1. 1 THE CONCEPT OF FAILURE. In this monograph we investigate the predictability of corporate failure. By 'failure' we understand the inability of a firm to pay its obligations when these fall due (i. e. technical cash insolvency). (Walter 1957 and Donaldson 1962 and 1969). Failure mostly appears in a critical situation as a consequ ence of a sharp decline in sales. Such a decline can be caused by a recession, the loss of an important customer, shortage of a raw material, deficiencies of management, etc. The ability to predict corporate failure is important for all parties involved in the corporation, in particular for management and investors. An early warning signal of probable failure will enable them to take preventive measures: changes in operating policy or reorganization of financial structure, but also voluntary liquidation will usually shorten the period over which losses are incurred. The possibility to predict failure is important also from a social point of view, because such an event is an indication of misallocation of resources; prediction provides opportunities to take corrective measures. (See also Lev 1974, p. 134). 1. 2 AIM AND OUTLINE OF THE STUDY.
Author | : Yue'e Xu |
Publisher | : |
Total Pages | : |
Release | : 2003 |
Genre | : |
ISBN | : |
Download Financial Ratios, Discriminant Analysis and the Prediction of Corporate Failure Book in PDF, Epub and Kindle
Author | : |
Publisher | : |
Total Pages | : 45 |
Release | : 1977 |
Genre | : |
ISBN | : |
Download Discriminant analysis and the prediction of corporate failure Book in PDF, Epub and Kindle
Author | : Larry George Gru |
Publisher | : |
Total Pages | : |
Release | : 1981 |
Genre | : |
ISBN | : |
Download Financial Ratios, Multiple Discriminant Analysis and the Prediction of Small Corporate Failure Book in PDF, Epub and Kindle
Author | : A. P. J. Abrahamse |
Publisher | : |
Total Pages | : 51 |
Release | : 1975 |
Genre | : |
ISBN | : |
Download Discriminant Analysis and the Prediction of Corporate Failure Book in PDF, Epub and Kindle
Author | : Constantin Zopounidis |
Publisher | : Springer Science & Business Media |
Total Pages | : 309 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 3642574785 |
Download New Trends in Banking Management Book in PDF, Epub and Kindle
During the last decades the globalization, the intensified competition and the rapid changes in the socio-economic and technological environment had a major impact on the global economic, financial and business environments. Within this environment, it is clear that banking institutions worldwide face new challenges and increasing risks, as well as increasing business potentials. The recent experience shows that achieving a sustainable development of the banking system is not only of interest to the banking institutions themselves, but it is also directly related to the development of the whole business and economic environment, both at regional and international level. The variety of new banking products that is constantly being developed to accommodate the increased customer needs (firms, organizations, individuals, etc.) provides a clear indication of the changes that the banking industry has undergone during the last two decades. The establishment of new products of innovative processes and instruments for their requires the implementation efficient management. The implementation of such processes and instruments is closely related to a variety of disciplines, advanced quantitative analysis for risk management, information technology, quality management, etc. The implementation ofthese approaches in banking management is in accordance with the finding that empirical procedures are no longer adequate to address the increasing complexity of the banking industry.