Predicting Corporate Failure In Malaysia: An Application Of The Logit Model To Financial Ratio Analysis
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....
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Format: | Article |
Language: | English |
Published: |
Asian Academy of Management (AAM),
2001.
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Online Access: | Get fulltext |