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| Author: | Robertson, J. Mills, R. |
| Title: | The uses and abuses of corporate prediction models |
| Journal: | Management Accounting (London)
1991 : OCT, VOL. 69:9, p. 20-22 |
| Index terms: | COMPANY FAILURES PREDICTION THEORY FINANCIAL MODELS |
| Language: | eng |
| Abstract: | Review of difficulties in providing useful information on the prediction of company failure. Basic requirements of Altman's 1968 model. Problems in meeting the strict mathematical standards of a developed model. Ratios in a corporate prediction model. Other problems. A Figure outlines the cut-off for Altman's 1968 model, and a Table: the changes to the weights. |
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