A comparative study between logistic model and Z-score model : empirical evidence from US markets

• Main Authors: Anand Venkata Subramanian, Lee, Beng Hong, Loi, Kok Cheng
• Other Authors: Low, Buen Sin
• Format: Theses and Dissertations
• Published: 2008
• Subjects: DRNTU::Business::Finance::Risk management
• Online Access: http://hdl.handle.net/10356/7676
• Institution: Nanyang Technological University

Academics in the fields of accounting and finance have actively studied bankruptcy since the revolutionary work of Beaver (1966, 1968) and Altman (1 968). The majority of these studies focused on the statistical methodology and expanding the set of explanatory variables with the objective of impr...