Investigating of the Efficiency of Financial Distress Prediction Models in Iranian companies.

Providence of companies financial situation is so valuable that it has attracted attention of many financial experts nowadays since prediction of the continuity of the enterprise in the upcoming periods is one of the most important factors in any investments decision making process. This research at...

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Autor principal: Gholamreza Soleimany
Formato: article
Lenguaje:FA
Publicado: Shahid Bahonar University of Kerman 2012
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Acceso en línea:https://doaj.org/article/69c7344f0a6248b38151d4f8167505aa
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Sumario:Providence of companies financial situation is so valuable that it has attracted attention of many financial experts nowadays since prediction of the continuity of the enterprise in the upcoming periods is one of the most important factors in any investments decision making process. This research attempts to review the efficiency of financial distress prediction models in Iran‘s economic environment .six hypotheses were formed by reviewing the related literature. The statistical samples of these research includes 30 successful and companies listed in Tehran Stock Exchange from 1376-1385. The hypotheses of the first group were analyzed utilizing Logistic Analysis. The results have shown that the financial distress predation models are capable of predicting the continuity of the enterprises for a one to two year period before bankruptcy. The hypotheses of the second group were analyzed using correlation difference. The result has indicated that there is a meaningful is a meaningful difference between the models in predicting the continuity of the companies.