Corporate failure prediction : an investigation of PN4 companies / Wan Adibah Wan Ismail ... [et al.]

This paper investigates twenty financial ratios to develop a local financial failures prediction model. The study covers the period of 1993- 2001. We used mean and comparison of difference to the data set of five years before the failures to identify the most superlative ratios. From these ratios,...

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Main Authors:	Wan Ismail, Wan Adibah, Raja Ahmad, Raja Adzrin, Kamarudin, Khairul Anuar, Yahaya, Rusliza
Format:	Article
Language:	English
Published:	Faculty of Accountancy 2005
Subjects:	Malaysia Balance sheets. Financial statements. Including corporation reports. Financial reporting. Financial disclosure
Online Access:	http://ir.uitm.edu.my/id/eprint/11692/ http://ir.uitm.edu.my/id/eprint/11692/1/AJ_WAN%20ADIBAH%20WAN%20ISMAIL%20NARJ%2005%201.pdf

id	uitm-11692
recordtype	eprints
spelling	uitm-116922016-09-22T09:31:55Z http://ir.uitm.edu.my/id/eprint/11692/ Corporate failure prediction : an investigation of PN4 companies / Wan Adibah Wan Ismail ... [et al.] Wan Ismail, Wan Adibah Raja Ahmad, Raja Adzrin Kamarudin, Khairul Anuar Yahaya, Rusliza Malaysia Balance sheets. Financial statements. Including corporation reports. Financial reporting. Financial disclosure Malaysia This paper investigates twenty financial ratios to develop a local financial failures prediction model. The study covers the period of 1993- 2001. We used mean and comparison of difference to the data set of five years before the failures to identify the most superlative ratios. From these ratios, we developed two prediction models by using a logistic regression. The results indicate that these models are excellent in predicting financial failures a year before failure. Both models are able to predict financial failure two years before the failures with more than 90% accuracy rate. It is hoped that this study, which is conducted using a recent data can contribute towards existing literatures on corporate failure prediction. Faculty of Accountancy 2005 Article PeerReviewed text en http://ir.uitm.edu.my/id/eprint/11692/1/AJ_WAN%20ADIBAH%20WAN%20ISMAIL%20NARJ%2005%201.pdf Wan Ismail, Wan Adibah and Raja Ahmad, Raja Adzrin and Kamarudin, Khairul Anuar and Yahaya, Rusliza (2005) Corporate failure prediction : an investigation of PN4 companies / Wan Adibah Wan Ismail ... [et al.]. National Accounting Research Journal, 3 (1). pp. 1-16. ISSN 1675-753X
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
topic	Malaysia Balance sheets. Financial statements. Including corporation reports. Financial reporting. Financial disclosure Malaysia
spellingShingle	Malaysia Balance sheets. Financial statements. Including corporation reports. Financial reporting. Financial disclosure Malaysia Wan Ismail, Wan Adibah Raja Ahmad, Raja Adzrin Kamarudin, Khairul Anuar Yahaya, Rusliza Corporate failure prediction : an investigation of PN4 companies / Wan Adibah Wan Ismail ... [et al.]
description	This paper investigates twenty financial ratios to develop a local financial failures prediction model. The study covers the period of 1993- 2001. We used mean and comparison of difference to the data set of five years before the failures to identify the most superlative ratios. From these ratios, we developed two prediction models by using a logistic regression. The results indicate that these models are excellent in predicting financial failures a year before failure. Both models are able to predict financial failure two years before the failures with more than 90% accuracy rate. It is hoped that this study, which is conducted using a recent data can contribute towards existing literatures on corporate failure prediction.
format	Article
author	Wan Ismail, Wan Adibah Raja Ahmad, Raja Adzrin Kamarudin, Khairul Anuar Yahaya, Rusliza
author_facet	Wan Ismail, Wan Adibah Raja Ahmad, Raja Adzrin Kamarudin, Khairul Anuar Yahaya, Rusliza
author_sort	Wan Ismail, Wan Adibah
title	Corporate failure prediction : an investigation of PN4 companies / Wan Adibah Wan Ismail ... [et al.]
title_short	Corporate failure prediction : an investigation of PN4 companies / Wan Adibah Wan Ismail ... [et al.]
title_full	Corporate failure prediction : an investigation of PN4 companies / Wan Adibah Wan Ismail ... [et al.]
title_fullStr	Corporate failure prediction : an investigation of PN4 companies / Wan Adibah Wan Ismail ... [et al.]
title_full_unstemmed	Corporate failure prediction : an investigation of PN4 companies / Wan Adibah Wan Ismail ... [et al.]
title_sort	corporate failure prediction : an investigation of pn4 companies / wan adibah wan ismail ... [et al.]
publisher	Faculty of Accountancy
publishDate	2005
url	http://ir.uitm.edu.my/id/eprint/11692/ http://ir.uitm.edu.my/id/eprint/11692/1/AJ_WAN%20ADIBAH%20WAN%20ISMAIL%20NARJ%2005%201.pdf
first_indexed	2023-09-18T22:48:26Z
last_indexed	2023-09-18T22:48:26Z
_version_	1777417381725863936

Corporate failure prediction : an investigation of PN4 companies / Wan Adibah Wan Ismail ... [et al.]

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