Bhandari, Shyam B.; Iyer, Rajesh - In: Managerial Finance 39 (2013), pp. 667-676
purpose of this paper is to build a new model to predict business failure, using mostly cash flow statement based measures as … from COMPUSTAT database. Seven predictor variables were selected, namely Operating cash flow divided by current liabilities …, Cash flow coverage of interest, Operating cash flow margin, Operating cash flow return on total assets, Earning quality …