Mohamed Sulaiman, Mohamed Sulaiman (2001) Predicting Corporate Failure In Malaysia: An Application Of The Logit Model To Financial Ratio Analysis. Asian Academy of Management Journal (AAMJ), 6 (1). pp. 1-20. ISSN 1394-2603
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Official URL: http://web.usm.my/aamj/6.1.2001/6-1-7.pdf
Abstract
A logit model that distinguishes between Malaysian firms that did and those that did not seek for court protection from their creditors is tested empirically in this research. Three factors were found to have significant discriminating power; debt ratio, interest coverage, and total asset turnover. The logit model was able to classify accurately 80.7 per cent of the firms in the estimation sample and 74.4 per cent in the hold out sample.
Item Type: | Article |
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Subjects: | H Social Sciences > HD Industries. Land use. Labor > HD28-70 Management. Industrial Management |
Divisions: | Penerbit Universiti Sains Malaysia (USM Press) > Asian Academy of Management Journal (AAM) |
Depositing User: | Mr Firdaus Mohamad |
Date Deposited: | 10 Jul 2017 07:47 |
Last Modified: | 10 Jul 2017 07:47 |
URI: | http://eprints.usm.my/id/eprint/35473 |
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