The Empirical Study is Forecasting Model of Companies with Financial Distress in Taiwan ─After East Asia Financial Crisis.
碩士 === 中國文化大學 === 會計研究所 === 88 === Business operations are closely related to the status question of the society. There are forty-one companies on financial distress in the period of 1997 through 1999. And these companies were used to compare with forty-one well-behaved companies in the study resear...
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| Format: | Others |
| Language: | zh-TW |
| Published: |
2000
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| Online Access: | http://ndltd.ncl.edu.tw/handle/45231052493893863396 |
| Summary: | 碩士 === 中國文化大學 === 會計研究所 === 88 === Business operations are closely related to the status question of the society. There are forty-one companies on financial distress in the period of 1997 through 1999. And these companies were used to compare with forty-one well-behaved companies in the study research. T test, Correlation Analysis and Logit were used to find out the best model to correctly predict the bankruptcy.
The following conclusions can be made.
1.The model to predict the bankruptcy. And corrective ratio array 80.47%.
2.Account receive turnover ratio is the best variable in the long-term model.
3.Liabilities divide assets ratio, earning per stock and cash flow ratio are the best vari-able in the short-term model.
4.Closer happened distress, higher correct ratio.
5.The ratio in the Consolidated Financial Statement can increase model correcting.
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