… With the companies all in the same industry, there was no need to use the Platt and Platt (1991a)
industry-relative normalization. The list of companies provided by BBK Ltd. was …

… In Pantalone and Platt's recent study of commercial bank failure, they tested the model
using data from a new time period and found relatively stable ex ante classification results. …

The potential for industry-relative financial ratios to improve the prediction of firms in financial
distress motivated this comparison of model specifications based on either unadjusted or …

Prior application of neural networks in finance and accounting, notably in bankruptcy
prediction, are limited to back-propagation neural networks. Their well-known disadvantages, …

For the most part, research purporting to address the issue of financial distress has actually
studied samples of bankrupt companies. Financial distress and bankruptcy are different. In …

… The results of this study, like those reported by Platt and Platt (1990 and 199 1) suggest
that early warning model classification results are substantially improved when raw data are …

… Platt and Platt (1991a) found that companies with too many of their assets invested in fixed
assets have higher financial distress risk. Our new finding supports the earlier discovery by …

Sustainable growth rate defines the rate at which a company’s sales and assets can grow if
the company sells no new equity and wishes to maintain its capital structure. The traditional …

From Debra Ann Hatten-The Christian Science Monitor (Eastern edition) This book, written
for the nonfinancial reader, records conventional reasons for business failure: cash-flow …

The effects of economic conditions, business costs, and new business formations on business
failures were estimated for the time period 1969–1982. A cross-sectionally correlated and …