Isbn: 9783844383850 - explaining and predicting financial distress using financial ratios: the case of financially distressed firms in sweden (2 Ergebnisse)

Taschenbuch. Zustand: Neu. Explaining and Predicting Financial Distress Using Financial Ratios | The Case of Financially Distressed Firms in Sweden | Gilbert Mbanwie (u. a.) | Taschenbuch | 64 S. | Englisch | 2011 | LAP LAMBERT Academic Publishing | EAN 9783844383850 | Verantwortliche Person für die EU: preigu GmbH & Co. KG, Lengericher Landstr. 19, 49078 Osnabrück, mail[at]preigu[dot]de | Anbieter: preigu.…

Zustand: Sehr gut. Zustand: Sehr gut | Sprache: Englisch | Produktart: Bücher | Financial distress and corporate bankruptcy has been a common occurrence back into the century and of late has witnessed a multiplier effect in the global market. Firms are running short of cash flows to meet up not only with debt financing, but also with the cost of daily operations. This study examine financial ratios using financial reports of groups of Swedish bankrupt and active companies for the period 1996 to 2003 with aim to determine most significant and reliable ratios for predicting bankruptcy. Cross sectional analysis is used to compare matched pair financial ratios and to explain the association between the explanatory variables and business failure. The study adopts both objectivism and interpretivism research approaches therefore provides findings that differ from those of ¿pure¿ mainstream research. It explains financial distress from an academic and professional perspective making it useful to researchers and business managers. The book is ideal for final year undergraduate and graduate students taking courses in accounting, finance, business and economics.…