Logit regression based bankruptcy prediction of Philippine pre-need companies from 2000-2013

• Main Authors: Chen, Jayin, Connolly, Anne Therese, Corrales, Eleonor, Ke, Danny
• Format: text
• Language: English
• Published: Animo Repository 2014
• Subjects: Insurance companies > Philippines; Insurance companies > Philippines > Management; Insurance companies > Investment > Philippines
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/7556
• Institution: De La Salle University

The pre-need industry in the Philippines is criticized due to the numerous defaults of pre-need firms. Despite their guaranteed returns, from 200 pre-need companies, 180 went bankrupt as of 2013. This study investigates the effects of changes in financial accounting ratios and macroeconomic variable...