Prediction of financial distress companies in the mixed sector in Malaysia: a revisit using PN4 data
Published: Jan 1, 2010
This study revisited the prediction of financial distress companies in the mixed sector in Malaysia. This is achieved by using PN4 companies as the dependent variable and financial ratios as the independent variables. Logit Analysis was used because the dependent variable is binary or dichotomous in nature. It shows the probability of a company being financially distressed and it provides the coefficient value (positive or negative) of the...