Developing A Multi Discriminant Analysis Model As A Tool To Predict Insolvency Of Property Development Firms In Malaysia

Since the last three decades, statistical techniques such as Multiple Discriminant Analysis (MDA) have been used by researchers to predict corporate failures (Altman: 1992). However, to date these techniques have not been tested on property related financial racios comcerning loans undertaken by pro...

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Main Authors: Ismail, Maziah, Fredy, Andereas Goentoro
Format: Article
Language:English
Published: Fakulti Kejuruteraan & Sains Geoinformasi, Universiti Teknologi Malaysia. 1997
Subjects:
Online Access:http://eprints.utm.my/4958/
http://eprints.utm.my/4958/1/developing.pdf
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author Ismail, Maziah
Fredy, Andereas Goentoro
author_facet Ismail, Maziah
Fredy, Andereas Goentoro
author_sort Ismail, Maziah
building UTeM Institutional Repository
collection Online Access
description Since the last three decades, statistical techniques such as Multiple Discriminant Analysis (MDA) have been used by researchers to predict corporate failures (Altman: 1992). However, to date these techniques have not been tested on property related financial racios comcerning loans undertaken by property development firms. Hence, this paper seeks to uncover the possibilities of applying the modified MDA based model to measure the level of probable fianncial crisis. In this paper, the discussion is focused on the proposed model which is designed to attempt to discriminate between the sample of bankrupt property development firms and a matched sample of healthy property development firms.
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publishDate 1997
publisher Fakulti Kejuruteraan & Sains Geoinformasi, Universiti Teknologi Malaysia.
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spelling utm-49582010-06-01T03:22:16Z http://eprints.utm.my/4958/ Developing A Multi Discriminant Analysis Model As A Tool To Predict Insolvency Of Property Development Firms In Malaysia Ismail, Maziah Fredy, Andereas Goentoro H Social Sciences (General) Since the last three decades, statistical techniques such as Multiple Discriminant Analysis (MDA) have been used by researchers to predict corporate failures (Altman: 1992). However, to date these techniques have not been tested on property related financial racios comcerning loans undertaken by property development firms. Hence, this paper seeks to uncover the possibilities of applying the modified MDA based model to measure the level of probable fianncial crisis. In this paper, the discussion is focused on the proposed model which is designed to attempt to discriminate between the sample of bankrupt property development firms and a matched sample of healthy property development firms. Fakulti Kejuruteraan & Sains Geoinformasi, Universiti Teknologi Malaysia. 1997-09 Article PeerReviewed application/pdf en http://eprints.utm.my/4958/1/developing.pdf Ismail, Maziah and Fredy, Andereas Goentoro (1997) Developing A Multi Discriminant Analysis Model As A Tool To Predict Insolvency Of Property Development Firms In Malaysia. Buletin Geoinformasi, 1 (2). pp. 45-52. ISSN 1394-7702
spellingShingle H Social Sciences (General)
Ismail, Maziah
Fredy, Andereas Goentoro
Developing A Multi Discriminant Analysis Model As A Tool To Predict Insolvency Of Property Development Firms In Malaysia
title Developing A Multi Discriminant Analysis Model As A Tool To Predict Insolvency Of Property Development Firms In Malaysia
title_full Developing A Multi Discriminant Analysis Model As A Tool To Predict Insolvency Of Property Development Firms In Malaysia
title_fullStr Developing A Multi Discriminant Analysis Model As A Tool To Predict Insolvency Of Property Development Firms In Malaysia
title_full_unstemmed Developing A Multi Discriminant Analysis Model As A Tool To Predict Insolvency Of Property Development Firms In Malaysia
title_short Developing A Multi Discriminant Analysis Model As A Tool To Predict Insolvency Of Property Development Firms In Malaysia
title_sort developing a multi discriminant analysis model as a tool to predict insolvency of property development firms in malaysia
topic H Social Sciences (General)
url http://eprints.utm.my/4958/
http://eprints.utm.my/4958/1/developing.pdf