IDEAS home Printed from
MyIDEAS: Login to save this article or follow this journal

Exploratory Modelling of Financial Reporting and Analysis Practices in Small Growth Enterprises

  • Richard G. P. McMahon

    (Flinders University South Australia)

  • Leslie G. Davies

    (Bodo Graduate School of Business)

  • Nicholas M. Bluhm

    (Flinders University South Australia)

Registered author(s):

    This paper reports an exploratory study of statistical modelling of historical financial reporting and analysis in a sample of small growth enterprises. The study sought to identify those factors that determine whether particular financial reporting and analysis practices are undertaken, and to represent these explanatory factors in expressions that reflect their relative and combined influence. Dichotomous logistic regression is employed to model financial analysis and polytomous logistic regression is used to model financial reporting. The models developed seem moderately encouraging in terms of the statistical significance and predictive ability. The overall classification success for financial analysis is a modest 65 percent; but identifying users of financial ratio analysis is achieved with just below 90 percent accuracy. The overall classification success for a trichotomous financial reporting scale exceeds 70 percent; with anticipation of financial reporting at the highest level being as accurate as 90 percent. External validation of the models remains an important priority.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: no

    Article provided by Pepperdine University, Graziadio School of Business and Management in its journal Journal of Small Business Finance.

    Volume (Year): 3 (1994)
    Issue (Month): 3 (Fall)
    Pages: 199-214

    in new window

    Handle: RePEc:pep:journl:v:3:y:1994:i:3:p:199-214
    Contact details of provider: Postal: 24255 Pacific Coast Hwy, Malibu CA
    Web page:

    More information through EDIRC

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

    as in new window
    1. J. William Petty, 1991. "Research in Small-Firm Entrepreneurial Finance: A Note on Developing a Paradigm," Journal of Entrepreneurial Finance, Pepperdine University, Graziadio School of Business and Management, vol. 1(1), pages 88-90 , Spring.
    Full references (including those not matched with items on IDEAS)

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:pep:journl:v:3:y:1994:i:3:p:199-214. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Craig Everett)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.