haku: @journal_id 1343 / yhteensä: 429
viite: 292 / 429
| Tekijä: | McGurr, P. T. DeVaney, S. A. |
| Otsikko: | Predicting business failure of retail firms: An analysis using mixed industry models |
| Lehti: | Journal of Business Research
1998 : NOV, VOL. 43:3, p. 169-176 |
| Asiasana: | Business failures Companies Retailing Industries Models |
| Kieli: | eng |
| Tiivistelmä: | The retail industry is very important to the economy but highly vulnerable to business failure. Identification of an accurate failure prediction model would benefit investors and management in retail firms. Models have been developed over the last 30 years with failure prediction as their goal. This study applies to five previously developed failure prediction models to financial information of a recent 5-year-period for a matched sample of 56 failed and 56 non-failed retail companies. All models applied in this study use mixed industry samples in their development. The classification accuracy of the mixed industry models decreases when they are applied to sample only retail firms. It is suggested that future failure prediction studies use single industry samples to enhance their predictive accuracy. |
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