A Study of Using Financial Ratio Indexes to Predict the Corporate Financial Distress
碩士 === 國立高雄第一科技大學 === 金融研究所 === 100 === The thesis aims to determine which financial ratios are important in identifying thedistress companies by using t-test、Mann-Whitney test and Kruskal-Wallis test to compare the difference between financial ratios of companies under stress , normal companies and...
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| Format: | Others |
| Language: | zh-TW |
| Published: |
2011
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| Online Access: | http://ndltd.ncl.edu.tw/handle/67088784283429461900 |
| Summary: | 碩士 === 國立高雄第一科技大學 === 金融研究所 === 100 === The thesis aims to determine which financial ratios are important in identifying thedistress companies by using t-test、Mann-Whitney test and Kruskal-Wallis test to compare the difference between financial ratios of companies under stress , normal companies and industrial average. This
thesis selects a random sample of 10 distress companies ( distributes in 10 industries ) listed on the Taiwan stock exchange corporation TSEC from 2001 to 2010. Empirical results found that profitability, financial structure and business capacity are better indicators in identifying companies under stress.
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