Asset and Debt Management Ratios in Bankruptcy Prediction - Evidence from India
Material type: TextDescription: 50-63 pSubject(s): In: GILANI,S. INDIAN JOURNAL OF FINANCESummary: The purpose of this paper was to attempt an evaluation of effectiveness of asset and debt management ratios as an analytical tool to predict corporate bankruptcy. Earlier, Altman (1968), Ohlson (1980), and Zmijewski (1984) analyzed the power of financial ratios in predicting bankruptcy. This study is an extension of the literature. A set of variables that acted as the best measure of asset and debt management of a corporate were investigated and multiple discriminant analysis was applied. It was found that the new model proved to be significant in predicting bankruptcy.Item type | Current library | Call number | Vol info | Status | Notes | Date due | Barcode | Item holds | |
---|---|---|---|---|---|---|---|---|---|
Journal Article | Main Library | ol 12, Issue 8/ 5559256JA4 (Browse shelf(Opens below)) | Available | 5559256JA4 | |||||
Journals and Periodicals | Main Library On Display | JRNL/FIN/Vol 12, Issue 8/5559256 (Browse shelf(Opens below)) | Vol 12, Issue 8 (01/08/2018) | Not for loan | August, 2018 | 5559256 |
The purpose of this paper was to attempt an evaluation of effectiveness of asset and debt management ratios as an analytical tool to predict corporate bankruptcy. Earlier, Altman (1968), Ohlson (1980), and Zmijewski (1984) analyzed the power of financial ratios in predicting bankruptcy. This study is an extension of the literature. A set of variables that acted as the best measure of asset and debt management of a corporate were investigated and multiple discriminant analysis was applied. It was found that the new model proved to be significant in predicting bankruptcy.
There are no comments on this title.