search query: @indexterm fraudulent trading / total: 19
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| Author: | Keasey, K. Watson, R. |
| Title: | Non-financial symptoms and the prediction of small company failure : a test of Argenti's hypotheses. |
| Journal: | Journal of Business Finance and Accounting
1987 : AUTUMN, VOL. 14:3, p. 335-354 |
| Index terms: | COMPANY FAILURES SMALL BUSINESS CORPORATE FINANCIAL MODELS FRAUDULENT TRADING CORPORATE FORECASTING |
| Language: | eng |
| Abstract: | It is argued that the usual method of basing a failure prediction model solely upon financial ratios is unlikely to be that successful for the small company sector. A number of non-financial variables suggested by Argenti's model of company failure are examined and via a step-wise logit technique, it is determined whether predictive models of failure can be developed successfully using publicly available non-financial information. It is concluded that the non-financial variables provide useful additional information when predicting small company failure. |
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