IRMA-International.org: Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Financial Ratio Selection for Distress Classification

Financial Ratio Selection for Distress Classification
View Sample PDF
Author(s): Roberto Kawakami Harrop Galvao (Instituto Tecnológico de Aeronáutica, Brazil), Victor M. Becerra (University of Reading, UK)and Magda Abou-Seada (Middlesex University, UK)
Copyright: 2005
Pages: 6
Source title: Encyclopedia of Data Warehousing and Mining
Source Author(s)/Editor(s): John Wang (Montclair State University, USA)
DOI: 10.4018/978-1-59140-557-3.ch095

Purchase

View Financial Ratio Selection for Distress Classification on the publisher's website for pricing and purchasing information.

Abstract

Prediction of corporate financial distress is a subject that has attracted the interest of many researchers in finance. The development of prediction models for financial distress started with the seminal work by Altman (1968), who used discriminant analysis. Such a technique is aimed at classifying a firm as bankrupt or nonbankrupt on the basis of the joint information conveyed by several financial ratios.

Related Content

Md Sakir Ahmed, Abhijit Bora. © 2024. 15 pages.
Lakshmi Haritha Medida, Kumar. © 2024. 18 pages.
Gypsy Nandi, Yadika Prasad. © 2024. 16 pages.
Saurav Bhattacharjee, Sabiha Raiyesha. © 2024. 14 pages.
Naren Kathirvel, Kathirvel Ayyaswamy, B. Santhoshi. © 2024. 26 pages.
K. Sudha, C. Balakrishnan, T. P. Anish, T. Nithya, B. Yamini, R. Siva Subramanian, M. Nalini. © 2024. 25 pages.
Sabiha Raiyesha, Papul Changmai. © 2024. 28 pages.
Body Bottom