Article1978

Some Clarifying Comments on Discriminant Analysis

33 citations0/0 files storedJournal of Financial and Quantitative Analysis

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Financial Distress and Bankruptcy Prediction Financial Analysis and Corporate Governance Statistical Methods and Applications

Abstract

In response to the many issues raised by Altman and Eisenbeis (A&E) [2], we will use their three-part outline. Before turning to their comments, however, we would like to take this opportunity to correct a typo in footnote 10 from our original paper [4]. The denominator of the formula is incorrect as shown, and should be .

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1968FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY

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1984Financial profiles and the disclosure of expenditures for socially responsible purposes 1990The Predictiveness of Bankruptcy Models: Methodological Problems and Evidence

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