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Predicting Corporate Failure in the UK: A Multidimensional Scaling Approach

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Author Info
Neophytou, E.
Molinero, C.M.
Abstract

Scaling techniques are proposed as an alternative tool for the analysis and prediction of corporate failure. This approach has the advantage of reproducing the main features of the data in the form of statistical maps that lend themselves to intuitive interpretation. The maps are further analysed by means of standard multivariate statistical tool.

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Publisher Info
Paper provided by University of Southampton - Department of Accounting and Management Science in its series Papers with number 01-172.

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Length: 27 pages
Date of creation: 2001
Date of revision:
Handle: RePEc:fth:sotoam:01-172

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Postal: University of Southampton, Department of Accounting & Mangement Science, Southampton S09 5NH UK.
Phone: 44 0173 592537/592555
Fax: 44 0173 593858
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Web page: http://www.soton.ac.uk/~econweb/
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Related research
Keywords: STATISTICAL TOOLS ; CORPORATE FAILURE ; FINANCIAL RATIOS;

Find related papers by JEL classification:
C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Other Model Applications
C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation and Testing

Cited by:
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  1. Balcaen S. & Ooghe H., 2004. "Alternative methodologies in studies on business failure: do they produce better results than the classic statistical methods?," Vlerick Leuven Gent Management School Working Paper Series 2004-16, Vlerick Leuven Gent Management School. [Downloadable!]
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