Please use this identifier to cite or link to this item:
https://hdl.handle.net/10356/43927
Title: | A study on turnaround predictors for financially distressed firms based on publicly-listed firms in Singapore. | Authors: | Yap, Zee Seng. Huang, Zhaoyuan. Chaw, James Jian Xian. |
Keywords: | DRNTU::Business::Finance::Risk management | Issue Date: | 2011 | Abstract: | There are many bankruptcy prediction models being developed over the last four decades. These models, however, are susceptible to a relatively high proportion of Type II errors, which means misclassifying a firm as a potential bankruptcy candidate. The failure to correctly identify potential turnaround firms could incur avoidable losses as a result of firms not being able to attain the funding or loans necessary to enact a recovery. Therefore, the aim of this research study is to examine different predictors for corporate turnaround. A model will then be developed which could help to identify those financially distressed firms that have recovery or turnaround potential in the Singapore context.Based on the financial data of 703 publicly-listed firms on the Singapore Stock Exchange (SGX), we investigated the relationship between the likelihood of corporate turnaround in Singapore and six other predictive variables. | URI: | http://hdl.handle.net/10356/43927 | Schools: | Nanyang Business School | Organisations: | SGX-listed Firms | Rights: | Nanyang Technological University | Fulltext Permission: | restricted | Fulltext Availability: | With Fulltext |
Appears in Collections: | NBS Student Reports (FYP/IA/PA/PI) |
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File | Description | Size | Format | |
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B4959.pdf Restricted Access | Final Report | 964.2 kB | Adobe PDF | View/Open |
B4959a.xlsm Restricted Access | Final Spreadsheet for all Calculations | 12.01 MB | XML | View/Open |
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