indices in the USA. The Johansen and Engle-Granger tests for cointegration both demonstrated the presence of an equilibrium … companies, share prices are defined only by CPI readings in the past. Therefore, our empirical pricing model is a deterministic …

indices in the USA. The Johansen and Engle-Granger tests for cointegration both demonstrated the presence of an equilibrium … companies, share prices are defined only by CPI readings in the past. Therefore, our empirical pricing model is a deterministic …

indices in the USA. The Johansen and Engle-Granger tests for cointegration both demonstrated the presence of an equilibrium … companies, share prices are defined only by CPI readings in the past. Therefore, our empirical pricing model is a deterministic …

We use four alternative prediction models to examine the usefulness of financial ratios in predicting business failure … Book (PB), and the Current Ratio (CR), are shown to be significant predictors. Prediction accuracy achieves a range from 78 …% to 93%. Logit and Neural Network models are shown to be the optimal prediction models. …

financial distress. This finding is consistent with the usual finding of the studies on bankruptcy prediction using statistical …In recent years, many statistical techniques have been used to indicate the financial variables for the prediction of … financial distress. But, prediction of financial distress is a judgemental task. This study provides behavioral evidence from …

, discriminant analysis and the prediction of corporate bankruptcy. Journal of Finance, 23(3), 589–609] and Ohlson [Financial ratios … and probabilistic prediction of bankruptcy. Journal of Accounting Research, 18(1), 109–131] perform reasonably well in … heavily on international trade. Our study tries to find the determinants of bankruptcy in Chinese firms. Both logit and …