A Comparison of the Discrimination of Business Failure Prediction Models

부실기업예측모형의 판별력 비교

  • 최태성 (인하대학교 경영학부) ;
  • 김형기 (인하대학교 경영연구소 책임연구원) ;
  • 김성호 (한국철도기술연구원)
  • Published : 2002.06.01

Abstract

In this paper, we compares the business failure prediction accuracy among Linear Programming Discriminant Analysis(LPDA) model, Multivariate Discriminant Analysis (MDA) model and logit analysis model. The Data for 417 companies analyzed were gathered from KIS-FAS Published by Korea Information Service in 1999. The result of comparison for four time horizons shows that LPDA Is advantageous in prediction accuracy over the other two models when over all tilt ratio and business failure accuracy are considered simultaneously.

Keywords

References

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