search query: @author Pedersen, J. / total: 1
reference: 1 / 1
« previous | next »
Author: | Platt, H. Platt, M. Pedersen, J. |
Title: | Bankruptcy discrimination with real variables |
Journal: | Journal of Business Finance and Accounting
1994 : JUN, VOL. 21:4, p. 491-510 |
Index terms: | BANKRUPTCY DISCRIMINATION BANKS |
Language: | eng |
Abstract: | This paper reconsiders the accepted usage of nondeflated financial ratios in statistical models to differentiate between failed and nonfailed firms. Nondeflated ratios are hypothesized to inadequately reflect inter-temporal macroeconomic fluctuations that affect the ability of firm's to survive. Using a sample of 124 oil and gas companies between the period 1982-1988, the going concern assumption is evaluated with statistical logit models using either nondeflated or deflated financial ratios. |
« previous | next »
SCIMA