Martikainen, Teppo; Puhalainen, Kari; Yli-Olli, Paavo - In: Scandinavian Journal of Management 10 (1994) 1, pp. 59-68
This paper reports an empirical investigation of the industry effects on the interrelationships between financial ratios. Factor and transformation analysis have been used for this purpose. The data used in the study consist of 74 failed and 74 "non-failed" firms from three industries....
