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Cover image for book Early Warning Indicators of Corporate Failure

Early Warning Indicators of Corporate Failure

A Critical Review of Previous Research and Further Empirical Evidence
By:Richard Morris
Publisher:Taylor & Francis
Print ISBN:9781138312036
eText ISBN:9780429857928
Edition:1
Copyright:1997
Format:Reflowable

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Published in 1997, this text focuses on the conundrum between the academics ability to distinguish between failing and non-failing businesses with models of over 85.5per cent accuracy, and the reasons why credit agencies and the like do not act on such information. The author asks, are the models defective?