Publicação
A model to forecast financial failure, in non financial galician SMES
| dc.contributor.author | Llano Monelos, Pablo de | |
| dc.contributor.author | Piñeiro Sánchez, Carlos | |
| dc.contributor.author | Rodríguez López, Manuel | |
| dc.date.accessioned | 2012-04-23T11:56:07Z | |
| dc.date.available | 2012-04-23T11:56:07Z | |
| dc.date.issued | 2011-07 | |
| dc.description.abstract | We are concerned with providing more empirical evidence on forecast failure, developing forecast models, and examining the impact of events such as audit reports. A joint consideration of classic financial ratios and relevant external indicators leads us to build a basic prediction model focused in non-financial Galician SMEs. Explanatory variables are relevant financial indicators from the viewpoint of the financial logic and financial failure theory. The paper explores three mathematical models: discriminant analysis, Logit, and linear multivariate regression. We conclude that, even though they both offer high explanatory and predictive abilities, Logit and MDA models should be used and interpreted jointly. | por |
| dc.identifier.uri | http://hdl.handle.net/10400.21/1421 | |
| dc.language.iso | eng | por |
| dc.peerreviewed | yes | por |
| dc.subject | Business failure | por |
| dc.subject | Prognosis | por |
| dc.subject | Logit | por |
| dc.subject | MDA | por |
| dc.subject | Reliability | por |
| dc.title | A model to forecast financial failure, in non financial galician SMES | por |
| dc.type | conference object | |
| dspace.entity.type | Publication | |
| oaire.citation.conferencePlace | XII Iberian-Italian Congress of Financial and Actuarial Mathematics | por |
| rcaap.rights | openAccess | por |
| rcaap.type | conferenceObject | por |