Predictive Power of Financial Ratios in Business Failure: Evidence from UK Companies Using Logistic Regression

THIS PAPER EXAMINES THE PREDICTIVE POWER BY FINANCIAL RATIOS IN BUSINESS FAILURE FOR A SAMPLE OF 216 UK COMPANIES BETWEEN 2003 AND 2007. EMPIRICAL RESULTS SHOW THAT THE MOST IMPORTANT DETERMINANTS OF BANKRUPTCY ARE SIZE, PROFITABILITY, LIQUIDITY AND CASH FLOW POSITION. THE PREDICTIVE POWER OF THE LO...

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Bibliographic Details
Main Author: Zhao, X
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2012
Subjects:
Online Access:https://eprints.nottingham.ac.uk/25620/
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author Zhao, X
author_facet Zhao, X
author_sort Zhao, X
building Nottingham Research Data Repository
collection Online Access
description THIS PAPER EXAMINES THE PREDICTIVE POWER BY FINANCIAL RATIOS IN BUSINESS FAILURE FOR A SAMPLE OF 216 UK COMPANIES BETWEEN 2003 AND 2007. EMPIRICAL RESULTS SHOW THAT THE MOST IMPORTANT DETERMINANTS OF BANKRUPTCY ARE SIZE, PROFITABILITY, LIQUIDITY AND CASH FLOW POSITION. THE PREDICTIVE POWER OF THE LOGISTIC MODEL IS REASONABLY HIGH OF OVERALL FIVE SAMPLE YEARS PRIOR TO BUSINESS FAILURE.
first_indexed 2025-11-14T18:53:39Z
format Dissertation (University of Nottingham only)
id nottingham-25620
institution University of Nottingham Malaysia Campus
institution_category Local University
language English
last_indexed 2025-11-14T18:53:39Z
publishDate 2012
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spelling nottingham-256202018-01-18T06:54:19Z https://eprints.nottingham.ac.uk/25620/ Predictive Power of Financial Ratios in Business Failure: Evidence from UK Companies Using Logistic Regression Zhao, X THIS PAPER EXAMINES THE PREDICTIVE POWER BY FINANCIAL RATIOS IN BUSINESS FAILURE FOR A SAMPLE OF 216 UK COMPANIES BETWEEN 2003 AND 2007. EMPIRICAL RESULTS SHOW THAT THE MOST IMPORTANT DETERMINANTS OF BANKRUPTCY ARE SIZE, PROFITABILITY, LIQUIDITY AND CASH FLOW POSITION. THE PREDICTIVE POWER OF THE LOGISTIC MODEL IS REASONABLY HIGH OF OVERALL FIVE SAMPLE YEARS PRIOR TO BUSINESS FAILURE. 2012 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/25620/1/dissertation_ZhaoXin.pdf Zhao, X (2012) Predictive Power of Financial Ratios in Business Failure: Evidence from UK Companies Using Logistic Regression. [Dissertation (University of Nottingham only)] (Unpublished) FINANCIAL RATIOS BUSINESS FAILURE LOGISTIC REGRESSION
spellingShingle FINANCIAL RATIOS
BUSINESS FAILURE
LOGISTIC REGRESSION
Zhao, X
Predictive Power of Financial Ratios in Business Failure: Evidence from UK Companies Using Logistic Regression
title Predictive Power of Financial Ratios in Business Failure: Evidence from UK Companies Using Logistic Regression
title_full Predictive Power of Financial Ratios in Business Failure: Evidence from UK Companies Using Logistic Regression
title_fullStr Predictive Power of Financial Ratios in Business Failure: Evidence from UK Companies Using Logistic Regression
title_full_unstemmed Predictive Power of Financial Ratios in Business Failure: Evidence from UK Companies Using Logistic Regression
title_short Predictive Power of Financial Ratios in Business Failure: Evidence from UK Companies Using Logistic Regression
title_sort predictive power of financial ratios in business failure: evidence from uk companies using logistic regression
topic FINANCIAL RATIOS
BUSINESS FAILURE
LOGISTIC REGRESSION
url https://eprints.nottingham.ac.uk/25620/