Corporate failure prediction : an investigation of PN4 companies / Wan Adibah Wan Ismail ... [et al.]

This paper investigates twenty financial ratios to develop a local financial failures prediction model. The study covers the period of 1993- 2001. We used mean and comparison of difference to the data set of five years before the failures to identify the most superlative ratios. From these ratios, w...

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Bibliographic Details
Main Authors: Wan Ismail, Wan Adibah (Author), Raja Ahmad, Raja Adzrin (Author), Kamarudin, Khairul Anuar (Author), Yahaya, Rusliza (Author)
Format: Book
Published: Faculty of Accountancy, 2005.
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100 1 0 |a Wan Ismail, Wan Adibah  |e author 
700 1 0 |a Raja Ahmad, Raja Adzrin  |e author 
700 1 0 |a Kamarudin, Khairul Anuar  |e author 
700 1 0 |a Yahaya, Rusliza  |e author 
245 0 0 |a Corporate failure prediction : an investigation of PN4 companies / Wan Adibah Wan Ismail ... [et al.] 
260 |b Faculty of Accountancy,   |c 2005. 
500 |a https://ir.uitm.edu.my/id/eprint/11692/1/AJ_WAN%20ADIBAH%20WAN%20ISMAIL%20NARJ%2005%201.pdf 
520 |a This paper investigates twenty financial ratios to develop a local financial failures prediction model. The study covers the period of 1993- 2001. We used mean and comparison of difference to the data set of five years before the failures to identify the most superlative ratios. From these ratios, we developed two prediction models by using a logistic regression. The results indicate that these models are excellent in predicting financial failures a year before failure. Both models are able to predict financial failure two years before the failures with more than 90% accuracy rate. It is hoped that this study, which is conducted using a recent data can contribute towards existing literatures on corporate failure prediction. 
546 |a en 
690 |a Malaysia 
690 |a Balance sheets. Financial statements. Including corporation reports. Financial reporting. Financial disclosure 
690 |a Malaysia 
655 7 |a Article  |2 local 
655 7 |a PeerReviewed  |2 local 
787 0 |n https://ir.uitm.edu.my/id/eprint/11692/ 
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