Bankruptcy Prediction in Retail Industry Using Logistic Regression
Author | : Kenneth Lawrence |
Publisher | : |
Total Pages | : |
Release | : 2013 |
ISBN-10 | : OCLC:1308969057 |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book Bankruptcy Prediction in Retail Industry Using Logistic Regression written by Kenneth Lawrence and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In view of the failure of high profile companies like Circuit City and Linens n Things, Financial distress or bankruptcy prediction has generated much interest recently. This research develops and tests a model for the prediction of bankruptcy of retail firms. We use accounting variables such as inventories, liabilities, receivables, net income (loss), and revenue. Some guiding discriminate rule is given and a few factors were identified as measures of a profitable company.