Predicting Corporate Failure In Malaysia: An Application Of The Logit Model To Financial Ratio Analysis
A logit model that distinguishes between Malaysian firms that did and those that did not seek for court protection from their creditors is tested empirically in this research. Three factors were found to have significant discriminating power; debt ratio, interest coverage, and total asset turnove...
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| Format: | Article |
| Language: | English |
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Asian Academy of Management (AAM)
2001
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| Online Access: | http://eprints.usm.my/35473/ http://eprints.usm.my/35473/1/6-1-7.pdf |
| _version_ | 1848877631423905792 |
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| author | Mohamed Sulaiman, Mohamed Sulaiman |
| author_facet | Mohamed Sulaiman, Mohamed Sulaiman |
| author_sort | Mohamed Sulaiman, Mohamed Sulaiman |
| building | USM Institutional Repository |
| collection | Online Access |
| description | A logit model that distinguishes between Malaysian firms that did and those that
did not seek for court protection from their creditors is tested empirically in this
research. Three factors were found to have significant discriminating power; debt
ratio, interest coverage, and total asset turnover. The logit model was able to
classify accurately 80.7 per cent of the firms in the estimation sample and 74.4 per
cent in the hold out sample. |
| first_indexed | 2025-11-15T17:18:31Z |
| format | Article |
| id | usm-35473 |
| institution | Universiti Sains Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T17:18:31Z |
| publishDate | 2001 |
| publisher | Asian Academy of Management (AAM) |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | usm-354732017-07-10T07:47:00Z http://eprints.usm.my/35473/ Predicting Corporate Failure In Malaysia: An Application Of The Logit Model To Financial Ratio Analysis Mohamed Sulaiman, Mohamed Sulaiman HD28-70 Management. Industrial Management A logit model that distinguishes between Malaysian firms that did and those that did not seek for court protection from their creditors is tested empirically in this research. Three factors were found to have significant discriminating power; debt ratio, interest coverage, and total asset turnover. The logit model was able to classify accurately 80.7 per cent of the firms in the estimation sample and 74.4 per cent in the hold out sample. Asian Academy of Management (AAM) 2001 Article PeerReviewed application/pdf en http://eprints.usm.my/35473/1/6-1-7.pdf Mohamed Sulaiman, Mohamed Sulaiman (2001) Predicting Corporate Failure In Malaysia: An Application Of The Logit Model To Financial Ratio Analysis. Asian Academy of Management Journal (AAMJ), 6 (1). pp. 1-20. ISSN 1394-2603 http://web.usm.my/aamj/6.1.2001/6-1-7.pdf |
| spellingShingle | HD28-70 Management. Industrial Management Mohamed Sulaiman, Mohamed Sulaiman Predicting Corporate Failure In Malaysia: An Application Of The Logit Model To Financial Ratio Analysis |
| title | Predicting Corporate Failure In Malaysia:
An Application Of The Logit Model To Financial Ratio
Analysis |
| title_full | Predicting Corporate Failure In Malaysia:
An Application Of The Logit Model To Financial Ratio
Analysis |
| title_fullStr | Predicting Corporate Failure In Malaysia:
An Application Of The Logit Model To Financial Ratio
Analysis |
| title_full_unstemmed | Predicting Corporate Failure In Malaysia:
An Application Of The Logit Model To Financial Ratio
Analysis |
| title_short | Predicting Corporate Failure In Malaysia:
An Application Of The Logit Model To Financial Ratio
Analysis |
| title_sort | predicting corporate failure in malaysia:
an application of the logit model to financial ratio
analysis |
| topic | HD28-70 Management. Industrial Management |
| url | http://eprints.usm.my/35473/ http://eprints.usm.my/35473/ http://eprints.usm.my/35473/1/6-1-7.pdf |