Bankruptcy prediction in retail industry using logistic regression

Document Type

Article

Publication Date

12-1-2009

Abstract

In view of the failure of high-profile companies such as Circuit City and Linens n Things, Financial distress or bankruptcy prediction of retail and other firms has generated much interest recently. Recent economic conditions have led to predictions of a wave of retail bankruptcies (e.g., McCracken and O'Connell, 2009). This research develops and tests a model for the prediction of bankruptcy of retail firms. We use accounting variables such as inventories, liabilities, receivables, net income (loss), and revenue. Some guiding discriminate rule is given, and a few factors were identified as measures of a profitable company. Copyright © 2009 by Emerald Group Publishing Limited.

Identifier

84886648849 (Scopus)

ISBN

[9781848558786]

Publication Title

Applications of Management Science

External Full Text Location

https://doi.org/10.1108/S0276-8976(2009)0000013006

ISSN

02768976

First Page

61

Last Page

69

Issue

FINANCIAL MODELIN

Volume

13

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