Examining and validating a bankruptcy prediction models in Malaysia
The purpose of this paper is to propose and validate the combined model for bankruptcy prediction for the Malaysian firms. This combined model is adopted from previous studies by combining Ohlson logit model, Springate-Canadian model and macroeconomic factors. The proposed combined model is develope...
| Main Authors: | , , |
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| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
IEEE
2012
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| Online Access: | http://psasir.upm.edu.my/id/eprint/45202/1/Examining%20and%20validating%20a%20bankruptcy%20prediction%20models%20in%20Malaysia.pdf |
| _version_ | 1825929557349236736 |
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| author | Bakar, Suzaida Ting, Irene Wei Kiong Md Nassir, Annuar |
| author_facet | Bakar, Suzaida Ting, Irene Wei Kiong Md Nassir, Annuar |
| author_sort | Bakar, Suzaida |
| collection | UPM |
| description | The purpose of this paper is to propose and validate the combined model for bankruptcy prediction for the Malaysian firms. This combined model is adopted from previous studies by combining Ohlson logit model, Springate-Canadian model and macroeconomic factors. The proposed combined model is developed by using the financial and macroeconomic constructs. The result indicates that logistic regression performs well and it is used to validate the model. Our results also show that, the capacity of the proposed model to predict correctly is 100% for both samples (distress and non-distress firms). Finally, the results of this study could also be applicable to business and investor's decision making contexts other than the bankruptcy prediction model. |
| first_indexed | 2024-03-06T08:58:28Z |
| format | Conference or Workshop Item |
| id | upm.eprints-45202 |
| institution | Universiti Putra Malaysia |
| language | English |
| last_indexed | 2024-03-06T08:58:28Z |
| publishDate | 2012 |
| publisher | IEEE |
| record_format | dspace |
| spelling | upm.eprints-452022020-08-04T02:43:21Z http://psasir.upm.edu.my/id/eprint/45202/ Examining and validating a bankruptcy prediction models in Malaysia Bakar, Suzaida Ting, Irene Wei Kiong Md Nassir, Annuar The purpose of this paper is to propose and validate the combined model for bankruptcy prediction for the Malaysian firms. This combined model is adopted from previous studies by combining Ohlson logit model, Springate-Canadian model and macroeconomic factors. The proposed combined model is developed by using the financial and macroeconomic constructs. The result indicates that logistic regression performs well and it is used to validate the model. Our results also show that, the capacity of the proposed model to predict correctly is 100% for both samples (distress and non-distress firms). Finally, the results of this study could also be applicable to business and investor's decision making contexts other than the bankruptcy prediction model. IEEE 2012 Conference or Workshop Item PeerReviewed text en http://psasir.upm.edu.my/id/eprint/45202/1/Examining%20and%20validating%20a%20bankruptcy%20prediction%20models%20in%20Malaysia.pdf Bakar, Suzaida and Ting, Irene Wei Kiong and Md Nassir, Annuar (2012) Examining and validating a bankruptcy prediction models in Malaysia. In: 2012 International Conference on Statistics in Science, Business and Engineering (ICSSBE 2012), 10-12 Sept. 2012, Langkawi, Kedah. . 10.1109/ICSSBE.2012.6396560 |
| spellingShingle | Bakar, Suzaida Ting, Irene Wei Kiong Md Nassir, Annuar Examining and validating a bankruptcy prediction models in Malaysia |
| title | Examining and validating a bankruptcy prediction models in Malaysia |
| title_full | Examining and validating a bankruptcy prediction models in Malaysia |
| title_fullStr | Examining and validating a bankruptcy prediction models in Malaysia |
| title_full_unstemmed | Examining and validating a bankruptcy prediction models in Malaysia |
| title_short | Examining and validating a bankruptcy prediction models in Malaysia |
| title_sort | examining and validating a bankruptcy prediction models in malaysia |
| url | http://psasir.upm.edu.my/id/eprint/45202/1/Examining%20and%20validating%20a%20bankruptcy%20prediction%20models%20in%20Malaysia.pdf |
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