An empirical investigation of failing companies and their determinants using the hazard model in an emerging capital market
The purpose of this study is to highlight the predictors of financial distress during the period 1990 to 2000. Previous studies highlight the inadequacies of the MDA and the log it models and suggest that a hazard model gives a more accurate result due to its consideration of time varying co-variat...
Main Authors: | , |
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Format: | Conference or Workshop Item |
Language: | English |
Published: |
2005
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Subjects: | |
Online Access: | https://repo.uum.edu.my/id/eprint/472/1/an_empirical_investigation_of_failing.pdf |