Early Warning Indicators of Corporate Failure: A Critical Review of Previous Research and Further Empirical Evidence

1st Edition

Richard Morris

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Routledge
Published December 17, 2018
Reference - 425 Pages
ISBN 9780429458507 - CAT# KE65984
Series: Routledge Revivals

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Summary

Published in 1997, this text focuses on the conundrum between the academics ability to distinguish between failing and non-failing businesses with models of over 85.5per cent accuracy, and the reasons why credit agencies and the like do not act on such information. The author asks, are the models defective?

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