Published in 1997, this text focuses on the conundrum between the academics ability to
distinguish between failing and non-failing businesses with models of over 85.5 per cent …

The Basic Assumption The basic assumption of ratio analysis is that of proportionality, ie it is
assumed that a proportionate relationship exists, or ought to exist, between the two variables …

Lev has indicated that the decomposition measures of failed firms are larger than those of
non‐failed firms and concludes that decomposition measures may be usefully included in …

(1) Previous studies on failure identification use models (such as Multidiscriminant Analysis,
Logit or Probit, Recursive Partitioning Analysis, etc.) which have been developed for other …

This paper examines empirically the effectiveness of entropy measures derived from
information theory combined with discriminant analysis in the prediction of construction …

An important scholar in the history of accounting, Geoffrey Whittington's numerous articles
cover a broad spectrum of the field and are both sharply insightful and extremely significant …

Chapter 1 presents the general introduction to the subject of financial ratios and corporate
failure. Chapter II deals with the survey of prior studies in financial ratio analysis for …

THE SICKNESS in Indian industry is spreading at an alarming rate. The malady is now
extensively spread in large and medium size units with credit facilities of more than Rs. 1 …

In the daily management of a company, the need often arises to determine whether the
company is using its resources (assets and labour) efficiently. This essentially means that …

This article investigates whether decomposition measures can distinguish between growing
and failing companies in Australia in relation to the year of stock market listing. The results of …