Empirical test of type II errors on bankruptcy prediction models in the Singapore context

Various bankruptcy prediction models have been developed in countries like the U.S, U.K and Australia. Evidence shows that these models are fairly country and time specific, as they are derived from actual company data. Hence, the assessment of the effectiveness of such models in the Singapore...

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Bibliographic Details
Main Authors: Yeo, Chee Tiong, Ng, Poh Sin, Goh, See Lim
Other Authors: Koh Hian Chye
Format: Final Year Project (FYP)
Language:English
Published: 2015
Subjects:
Online Access:http://hdl.handle.net/10356/64513
Description
Summary:Various bankruptcy prediction models have been developed in countries like the U.S, U.K and Australia. Evidence shows that these models are fairly country and time specific, as they are derived from actual company data. Hence, the assessment of the effectiveness of such models in the Singapore context will provide evidence of the validity or otherwise of their use locally. Further, a comparison of the effectiveness of the foreign models with that of some local models will also prove meaningful.