On the ability of accounting ratios to predict failure of Philippine business firms
Previous studies indicated that linear multiple discriminant analysis (LMDA) of financial ratios can be used to predict company failure. A discriminant function is derived from a set of financial ratios which, when transformed into Z-scores, characterize firms as failing or nonfailing based on a pre...
| Published in: | The Philippine Review of Business and Economics Vol. XXI, Nos. 3 & 4 (September & December 1984), p. 165-199. |
|---|---|
| Main Author: | |
| Format: | Analytics |
| Language: | English |
| Published: |
1984.
|
| Subjects: |