Browse our collection of papers in
Financial Management Dissertations

P/F/64. Dissertation: Prediction of company failure using financial and non-financial information

WORDS:
9500
DATE:
2002
PRICE:
99.99 GBP

The dissertation looks at models for predicting corporate bankruptcy. Two types of models, traditional financial ratio models and qualitative analysis of chairman's statements (thematic models), are compared with respect of their accuracy and practicality. It appears that both models can be used quite successfully. However, when the two models are used in conjunction we find the thematic parameters to outperform their financial counterparts. Still, due to great complexities incurred by the use of the thematic model the financial ratio model proves much more practical in use which on par outweigh the higher accuracy of the thematic model.

 

KEYWORDS: f, dissertation, prediction, company, failure, using, financial, non-financial, information,