Ali, Ruhani and Woon, Jeng Hoong (2003) An Empirical Test Of Financial Ratios For Malaysian Practice Notes No.4 (PN 4) Sector Companies. In: 16th Annual Australasian Finance and Banking Conference, 19th December 2003, Sydney, Australia.
Corporate failures are known to have high economic cost due to its impact on to investors, creditors, auditors, market analysts, loan officer, and also to the management and employees of the affected companies. Due to this reason, a fast and efficient device or model is needed to detect financially distressed companies.
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