Advances and Applications in Statistics
Volume 11, Issue 1, Pages 29 - 45
(February 2009)
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MULTIVARIATE MODEL FOR BANKRUPTCY PREDICTION
Mohammad Ahmad Ali Al-Saleh (Kuwait) and Suhaila Humoud Al-Farhoud (Kuwait)
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Abstract: In view of the failure of high profile companies like HIH and Enron, financial distress or bankruptcy prediction has generated lots of interest recently. In this paper, numerous financial ratios of American Health and Medical companies have been analysed to determine which companies will be the best for successful investment. Some guiding discriminate rule is given and a few factors were identified as measures of profitable company. |
Keywords and phrases: bankruptcy prediction, financial distress modelling. |
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