Download or read book The Implementation of Financial Ratios in the Prediction of Corporate Failure written by George C. Vandebeek and published by . This book was released on 1981 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Ratios and the Prediction of Corporate Failure written by Ram Avtar Yadav and published by Concept Publishing Company. This book was released on 1986 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Predictability of corporate failure written by R.A.I. van Frederikslust and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The Usefulness of Financial Ratios and the Prediction of Corporate Failure written by Cherif Rihane and published by . This book was released on 1988 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Ratios written by Meir Tamari and published by . This book was released on 1978 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Ratios written by Keith A. Houghton and published by . This book was released on 1986 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Utility of Financial Ratios written by Keith A. Houghton and published by . This book was released on 1984 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Ratios Multiple Discriminant Analysis and the Prediction of Small Corporate Failure written by Larry George Gru and published by . This book was released on 1973 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Discriminant Analysis and Prediction of Corporate Failure written by Prof. Suleiman A. S. Aruwa and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Multicriteria Decision Aid Methods for the Prediction of Business Failure written by Constantin Zopounidis and published by Springer Science & Business Media. This book was released on 1998-01-31 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a new point of view on the subject of business failure prediction, through the application of multicriteria analysis methods. The aim of the book is to provide a review of the research in the area and to explore the adequacy of these methods to one of the most complex problems in the area of financial management. In addition, the book explores the applications of the methods so that it can become a very useful tool for researchers and practitioners. The analysis of the modeling and the results in these applications provides the background for further employment of the methods.
Download or read book New Trends in Banking Management written by Constantin Zopounidis and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Using financial ratios to predict business failure written by Robert Michael Davey and published by . This book was released on 1975 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Study of the Ability of Financial Ratios to Predict Corporate Failure and the Relationship Between Bankruptcy Model Probability Assessments and Stock Market Behavior written by Timothy B. Forsyth and published by . This book was released on 1991 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Applications and Innovations in Intelligent Systems VIII written by British Computer Society. Specialist Group on Expert Systems. International Conference and published by Springer Science & Business Media. This book was released on 2001-01-10 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers in this volume are the Applications papers presented at ES 2000, the Twentieth SGES International Conference on Knowledge Based Systems and Applied Artificial Intelligence, held in Cambridge in December 2000. The scope of the Application papers has expanded over recent years to cover not just innovative applications using traditional knowledge based systems, but also to include applications demonstrating the whole range of AI technologies. These papers continue to illustrate the maturity of AI as a commercially viable technology to solve real world problems. This is the eighth volume in the Applications and Innovations in Intelligent Systems series. The series serves as a key reference as to how AI technology has enabled organisations to solve complex problems and gain significant business benefits. The Technical Stream papers from ES 200 are published as a companion volume under the title Research and Development in Intelligent Systems XVII.
Download or read book Predictive Capability of Financial Ratios for Forecasting of Corporate Bankruptcy written by Saiful Islam, MD and published by . This book was released on 2020-09-07 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bankruptcy of a business firm is an event which results substantial losses to creditors and stockholders. A model which is capable of predicting an upcoming business failure will serve as a very useful tool to reduce such losses by providing warning to the interested parties. This was the main motivation for Beaver (1966) and Altman (1968) to construct bankruptcy prediction models based on the financial data (Deakin 1972). This research study also initiated with a great interest on this subject to investigate the predictive capability of financial ratios for forecasting of corporate distress and bankruptcy events. This study is expounded on similar previous studies by Altman (1968), Ohlson (1980), Beaver (1966) by examining the effectiveness of financial ratios for predicting of corporate distress. The logistics regression analysis (LRA) statistical method is used to scan the risk factors from the previous financial year data and prediction models are constructed which can reasonably classify the expected bankruptcy group and can reasonably predict the solvency status of a firm. The research has been focused on the USA companies only. A set of bankrupted and non-bankrupted company financial data are used for constructing the bankruptcy prediction model and then a second set of bankrupted and non-bankrupted company financial data has been used to test the classification accuracy of the constructed models. The result of this study is consistent with the previous bankruptcy prediction researches outcomes. This study also investigates the time factor implication of bankruptcy prediction models using 5 years financial ratios.
Download or read book The Use of Financial Ratios to Predict Corporate Failure Using a Hybrid Genetic Algorithm and Neural Network Methodology written by Thomas Randles and published by . This book was released on 2001 with total page 75 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An International Survey of Business Failures with an Emphasis on Prediction Methods and Industrial Applications written by Augustinos I. Dimitras and published by . This book was released on 1996 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:
