To see the other types of publications on this topic, follow the link: Cost of financial distress.

Dissertations / Theses on the topic 'Cost of financial distress'

Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles

Select a source type:

Consult the top 50 dissertations / theses for your research on the topic 'Cost of financial distress.'

Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.

You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.

Browse dissertations / theses on a wide variety of disciplines and organise your bibliography correctly.

1

Tshitangano, Funanani. "Cost of financial distress model for JSE listed companies : a case of South Africa." Diss., University of Pretoria, 2010. http://hdl.handle.net/2263/26385.

Full text
Abstract:
The idea behind the study was to answer the question: how costly is financial distress and what is an appropriate model in quantifying these costs for JSE listed entities? The objective was to find a sample of companies that were purely financially distressed on the bases of interest coverage and then to follow those through the resolution of the distress, to see what happened to them and to quantify how costly those factors were. The analysis was conducted through a robust regression exercise and a time series investigation. Quality control was done through outlier investigations and Benford
APA, Harvard, Vancouver, ISO, and other styles
2

Costa, Magali Pedro. "Three essays on firms' financial distress." Doctoral thesis, Universidade de Évora, 2015. http://hdl.handle.net/10174/17512.

Full text
Abstract:
Financial and output market decisions are crucial to the success or failure of an or- ganization. These decisions are influenced by the dynamic and competitive economic environment in which firms operate and, in turn, affect the ability of firms to meet their debt obligations. This thesis is constituted by three separate but interrelated essays which explore the impact of financial and operating decisions on the default risk. The first two essays study the equilibrium default probability, in a two-stage differentiated product duopoly model with uncertainty, where firms decide their financial s
APA, Harvard, Vancouver, ISO, and other styles
3

Ozkan, Aydin. "Costs of financial distress and capital structure of firms." Thesis, University of York, 1996. http://etheses.whiterose.ac.uk/2502/.

Full text
APA, Harvard, Vancouver, ISO, and other styles
4

Pereira, Raynolde. "Taxes, endogenous financial distress costs, and the choice between private and public debt." Diss., The University of Arizona, 2001. http://hdl.handle.net/10150/280709.

Full text
Abstract:
This dissertation examines the role of taxes and financial distress costs in the incremental financing choice between private and public debt. Theory suggests it is easier to renegotiate and restructure private debt claims outside bankruptcy. While financial distress costs may matter in the choice between private and public debt, the primary motivation for this study is to examine whether the relationship between financial distress costs and the private-public debt choice is dependent on firm's marginal tax rates. The point being firms more likely to default on their debt will exploit tax savi
APA, Harvard, Vancouver, ISO, and other styles
5

Wijantini, Wijantini. "An empirical analysis of the effect of voluntary disclosure on the indirect costs of financial distress of companies in Indonesia." Thesis, University of Birmingham, 2005. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.433508.

Full text
APA, Harvard, Vancouver, ISO, and other styles
6

Barbaret, Cécile. "Détresse financière en phase palliative chez les patients atteints de cancer : vers une approche structurée des coûts de la fin de vie Financial distress in patients with advanced cancer Inequalities in financial distress, symptoms and quality of life among patients with advanced cancer in France and the United States of America The association between palliative care team follow-up and aggressiveness of cancer care near the end of life. Research Protocol on Early Palliative Care in patients with acute leukaemia after one relapse." Thesis, Université Grenoble Alpes (ComUE), 2019. https://thares.univ-grenoble-alpes.fr/2019GREAS022.pdf.

Full text
Abstract:
A partir de recherches effectuées et présentées s’est développée une réflexion sur les coûts du cancer en phase palliative et comment au-delà des mesures coercitives, il pourrait être possible, par différentes moyens cliniques, d’enseignements et de recherches, de limiter ces coûts.Méthode : L’existence en France de détresse financière a été identifiée ainsi que son impact sur la qualité de vie des patients atteints de cancer en phase avancé. Dans l’objectif d’améliorer la qualité de vie des patients, il est important de savoir d’où provient cette détresse financière et les différents coûts in
APA, Harvard, Vancouver, ISO, and other styles
7

Pranckh, Rupprecht. "Corporate Financial Distress and Financial Restructuring Solutions." St. Gallen, 2006. http://www.biblio.unisg.ch/org/biblio/edoc.nsf/wwwDisplayIdentifier/01666007002/$FILE/01666007002.pdf.

Full text
APA, Harvard, Vancouver, ISO, and other styles
8

Outecheva, Natalia. "Corporate financial distress : an empirical analysis of distress risk." kostenfrei, 2007. http://www.unisg.ch/www/edis.nsf/wwwDisplayIdentifier/3430.

Full text
APA, Harvard, Vancouver, ISO, and other styles
9

Ashraf, Sumaira. "Three essays on financial distress." Doctoral thesis, Universidade de Évora, 2019. http://hdl.handle.net/10174/30150.

Full text
Abstract:
Large corporate failures and scandals in recent years indicate the shortcomings of current risk assessment tools and highlight the need for more extensive research on predicting financial distress (FD). The main objective of this thesis, comprised of three independent essays, is to provide empirical evidence on the factors affecting financial distress of firms. The first essay compares the accuracy of traditional distress prediction models at predicting the early warning signs of financial distress. The results reveal that the prediction accuracy of models declines for both early and more prog
APA, Harvard, Vancouver, ISO, and other styles
10

Thorburn, Karin S. "Cash auction bankruptcy and corporate restructuring." Doctoral thesis, Stockholm : Economic Research Institute, Stockholm School of Economics [Ekonomiska forskningsinstitutet vid Handelshögsk.] (EFI), 1998. http://www.hhs.se/efi/summary/475.

Full text
APA, Harvard, Vancouver, ISO, and other styles
11

Wallberg, Martin, and David La. "Optimal kapitalstruktur : En undersökning tillämpad på skandinaviska och tyska företag." Thesis, Uppsala universitet, Nationalekonomiska institutionen, 2011. http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-156767.

Full text
Abstract:
This paper describes and develops a trade off model of optimal capital structure by Bradley et al. (1984). The model is then tested to examine how changes in corporate tax rates affect the optimal capital structure of firms. Based on theoretical implications of the model, four hypotheses are derived stating that firms’ optimal debt-to-value ratio is (1) negatively related to financial distress costs, (2) negatively related to non-debt tax shields, (3) negatively related to firm volatility and (4) positively related to the corporate tax rate. Based on the results of two regression models applie
APA, Harvard, Vancouver, ISO, and other styles
12

Aziz, Muhammad A. "Predicting corporate financial distress in UK." Thesis, Loughborough University, 2007. https://dspace.lboro.ac.uk/2134/34090.

Full text
Abstract:
The motivation for empirical research in corporate financial distress prediction is clear: the early detection of financial distress and the use of corrective measures are preferable to protection under insolvency law. Many different models have been used to predict corporate financial distress, and choosing between them for empirical application is not straightforward. One objective of this research is providing a comprehensive review, clarifying the problem of model choice in empirical prediction of corporate financial distress. To that end, we conduct a meta-analysis of the literature revie
APA, Harvard, Vancouver, ISO, and other styles
13

Oshiro, Renan Kenji. "Estruturas de governança corporativa e financial distress: há relação entre conselho de administração e empresas em financial distress?" reponame:Repositório Institucional do FGV, 2016. http://hdl.handle.net/10438/15858.

Full text
Abstract:
Submitted by Renan Kenji Oshiro (renan.oshiro@gmail.com) on 2016-03-14T17:17:08Z No. of bitstreams: 1 OSHIRO - Estruturas de governança corporativa e financial distress.pdf: 1792395 bytes, checksum: 0816d14d773c954b257c5ad3f90312d1 (MD5)<br>Approved for entry into archive by Renata de Souza Nascimento (renata.souza@fgv.br) on 2016-03-14T17:20:18Z (GMT) No. of bitstreams: 1 OSHIRO - Estruturas de governança corporativa e financial distress.pdf: 1792395 bytes, checksum: 0816d14d773c954b257c5ad3f90312d1 (MD5)<br>Made available in DSpace on 2016-03-14T17:42:57Z (GMT). No. of bitstreams: 1 OS
APA, Harvard, Vancouver, ISO, and other styles
14

Stulpinienė, Vaida. "Financial distress prediction model of family farms." Doctoral thesis, Lithuanian Academic Libraries Network (LABT), 2014. http://vddb.library.lt/obj/LT-eLABa-0001:E.02~2013~D_20140123_133545-56537.

Full text
Abstract:
Designed financial distress prediction model is intended directly for the farmer (decision-maker) in order to diagnose the farm’s financial condition and predict the likelihood of financial distress, by using financial information of his farm. There are identified family farm characteristics in which family farms have higher risks to run in financial distress and are guidelines for the family farms that intend to more carefully monitor and control their financial condition. The aim of the research: after analysing the conception of financial distress and identifying the factors determining the
APA, Harvard, Vancouver, ISO, and other styles
15

Rutishauser, Philipp. "Unternehmen im Financial Distress Modelle zur Krisenfrüherkennung /." St. Gallen, 2006. http://www.biblio.unisg.ch/org/biblio/edoc.nsf/wwwDisplayIdentifier/03601762001/$FILE/03601762001.pdf.

Full text
APA, Harvard, Vancouver, ISO, and other styles
16

Musmar, Firas Fathi. "Financial Distress in the Health Care Business." ScholarWorks, 2016. https://scholarworks.waldenu.edu/dissertations/3053.

Full text
Abstract:
Sixty-four United States hospitals closed for poor organizational performance during 2010 through 2016. Because of hospital closures, community members experienced delays in obtaining needed care, reduced access to specialty care, and increased travel distances. Based on the balanced scorecard model theory, the purpose of this qualitative single case study was to explore strategies that 10 health care leaders used at a healthcare organization in central Texas to prevent financial distress. Semistructured interviews were conducted and archival organizational accounting records were reviewed, in
APA, Harvard, Vancouver, ISO, and other styles
17

Sang, Le Quang. "The value of financial flexibility, corporate investment policy and financial distress risk." Thesis, University of Southampton, 2018. https://eprints.soton.ac.uk/427735/.

Full text
Abstract:
This study investigates the effects of the value of financial flexibility (VOFF) on corporate investment policies and distress risk. I empirically examine three main following research questions: (1) Does VOFF affect level and efficiency of firm's capital investment, (2) does VOFF impact corporate ability to invest in working capital and the speed of working capital adjustment, and (3) does VOFF explain the variation in a firm's default probability. The study is mainly motivated by the well-established theoretical framework that suggests that financial flexibility enables a firm to finance des
APA, Harvard, Vancouver, ISO, and other styles
18

Remer, Laxmi Sven. "Corporate Financial Distress and Recovery : The UK Evidence." Thesis, City University London, 2008. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.511767.

Full text
APA, Harvard, Vancouver, ISO, and other styles
19

Magardie, Myrtle Idelette Olwen. "Companies in financial distress during business rescue proceedings." Diss., University of Pretoria, 2015. http://hdl.handle.net/2263/53150.

Full text
Abstract:
The new Companies Act has recently been introduced in South Africa with specific focus on companies in financial distress and bringing those companies back to their wealth. Prior to the introduction of the new Companies Act, South Africa made use of the judicial management procedure in terms of the Companies Act No. 61 of 1973. This was not a very successful mechanism for distressed companies in South Africa as the Old Act lacked formalised focus on business rescue and mainly focused on terminating the companies through a liquidation process. The fundamental rationality of business resc
APA, Harvard, Vancouver, ISO, and other styles
20

Lu, Shun-Lung, and 呂順隆. "Financial Distress Costs-Evidence from Listed Companies in Taiwan." Thesis, 2002. http://ndltd.ncl.edu.tw/handle/74251755072202452992.

Full text
Abstract:
碩士<br>東海大學<br>企業管理學系碩士班<br>90<br>This study discusses the costs of financial distress resulted from thirty-three financial distress public firms in Taiwan from 1992 to 2001. This study is primarily divided into four parts. First, we examine what factors drive the sample firms into financial distress, estimating the costs of financial distress in order to observe the relationship between the costs of financial distress and the financial-distress-related variables after the financial distress happened. Furthermore, we verify the effects of adverse economic shock on financial distress costs in T
APA, Harvard, Vancouver, ISO, and other styles
21

Chen, Yu-Dan, and 陳禹丹. "The Effect of Default Risk on Equity Liquidity When Expected Financial Distress Costs are High." Thesis, 2005. http://ndltd.ncl.edu.tw/handle/59234783562037825954.

Full text
Abstract:
碩士<br>國立交通大學<br>財務金融研究所<br>93<br>This dissertation is to demonstrate the relation between default risk and equity liquidity. Market makers will widen spreads if the trading proportion of informed traders increases and uninformed traders exit market as firm’s financial performance deteriorates. Increased default probability usually concealed by managers will enlarge asymmetric information costs and thus market makers offer greater bid-ask spreads to protect their profit. Default risk measured by Merton’s option pricing model to investigate whether firms with financial distress possess higher bi
APA, Harvard, Vancouver, ISO, and other styles
22

Chen, Hung-Tse, and 陳宏澤. "Accounting Measures of Corporate Liquidity, Debt Policy, and Costs of Financial Distress for Taiwan Publicly Listed Companies." Thesis, 2006. http://ndltd.ncl.edu.tw/handle/40102412863243803080.

Full text
Abstract:
碩士<br>國立高雄第一科技大學<br>金融營運所<br>94<br>ABSTRACT Financial distress results from a mismatch between the available liquid assets of a company and its interest expenditure generated by debt. Mechanisms for dealing with financial distress rectify the mismatch by either restructuring the liquidity ratio or restructuring the debt contract. The costs of financial distress are those resulting from the costs of liquid asset restructuring or the costs of debt contract restructuring. The costs of financial distress have an important implication for financial policy of a company. It will affect the company’s
APA, Harvard, Vancouver, ISO, and other styles
23

Hsieh, Yi-Hsiu, and 謝宜秀. "A Further Investigation on Financial Distress Costs of TSE-listed Firms: Empirical Findings from Stock Price Changes and the Market Adjusted Model." Thesis, 2006. http://ndltd.ncl.edu.tw/handle/n6vb2v.

Full text
Abstract:
碩士<br>朝陽科技大學<br>企業管理系碩士班<br>94<br>This thesis examines two principal research issues: First, the present study makes use of stock prices for TSE-listed companies of which a financial distress takes place as reported in the press during the period from 1998 to 2004 to estimate financial distress costs. Second, in Taiwan, besides “maintaining normal trading”, the Securities and Futures Commission, Ministry of Finance is empowered to decide the modes of transaction for financially distressed firms including “cash transaction only”, “suspended trading”, and “delisting” which allows us to estimate
APA, Harvard, Vancouver, ISO, and other styles
24

Figueira, Milton José Andrade. "US airways: the ugly girl gets married again." Master's thesis, 2018. http://hdl.handle.net/10362/35359.

Full text
Abstract:
This case follows US Airways’ performance from inception to the potential merger with bankrupted American Airlines in 2012. Throughout the case, several events that endangered the existence of US Airways are brought into light. These events serve as basis to introduce the value of leverage and financial distress costs. Moreover, the case reflects on the decision between out-of-court restructuring and chapter 11, while assessing distressed mergers and acquisitions. Finally, the potential merger is analyzed and the proposed solution is that new equity should be split 69-31 per cent between
APA, Harvard, Vancouver, ISO, and other styles
25

Shu-Ping, Shih, and 施淑萍. "Financial distress predictive model and the financial characteristic of financial distress companies." Thesis, 2000. http://ndltd.ncl.edu.tw/handle/00408871848432497327.

Full text
Abstract:
碩士<br>東吳大學<br>會計學系<br>88<br>In order to found financial distress predictive model for banks and financial companies, the study establishes a predictive model of financial distress by expanding the samples and the definition of financial distress of previous studies. The sample separates them into two parts. One establishes financial distress predictive model for stocks companies listed in Taiwan Stock Exchange Corporation. The other is for banking institutions financing over thirty million dollars for public-trade segments. However, judging from the definition of financial distress, the meanin
APA, Harvard, Vancouver, ISO, and other styles
26

Chen, Chin-Tsun, and 陳進村. "Analysis of Financial Distress." Thesis, 2006. http://ndltd.ncl.edu.tw/handle/33122709897442072312.

Full text
Abstract:
碩士<br>國立中興大學<br>高階經理人碩士在職專班<br>94<br>This study employs Ohlson’s (1980) logit model to detect the probabilities of financial distress of Taiwanese public companies. In addition to financial variables traditionally used in the literature, corporate governance factors are incorporated into the logit model. Also I separate the sample of distressed companies into two groups: insufficient cash flows and human manipulations. The results show that adding corporate governance factors can increase the explanatory power of financial distress. It implies that distressed companies do have serious agen
APA, Harvard, Vancouver, ISO, and other styles
27

Wen, Tsou Hui, and 鄒惠雯. "Financial Distress Prediction Model." Thesis, 2013. http://ndltd.ncl.edu.tw/handle/13836405838104904375.

Full text
Abstract:
碩士<br>健行科技大學<br>國際企業管理研究所<br>101<br>In this study, logical construct financial distress logistic regression model for the study period from 2007 to 2011, the Hong Kong enterprises as the research object, assess Hong Kong&apos;&apos;s corporate financial variables on the early warning model predictive ability; empirical results show that the financial ratio variables debt and total asset turnover ratio greater impact on the enterprise; insufficient if the company&apos;&apos;s profitability, debt ratio is higher, but will cause cash flow problems of the situation, the enterprise is the higher th
APA, Harvard, Vancouver, ISO, and other styles
28

chi-hau, Teng, and 鄧志豪. "using divided samples to detect financial-distress company--new financial distress forcasting model." Thesis, 2000. http://ndltd.ncl.edu.tw/handle/49893131152954942484.

Full text
Abstract:
碩士<br>國立政治大學<br>金融學系<br>88<br>This paper choose 30 financial - distress companies in Taiwan stock market during Asian financial crisis and divide them into four samples-(1)bad performance in main business(2)too much investment(3)buying stocks by co-company(4)cheat by hierarchy. We compare the financial - distress forecasting model''s distinction ability , using correct rate, between divided and undivided samples. The result is that financial - distress forecasting model from divided samples have better performance in correct rate. So using divided samples to build financial-distress forecastin
APA, Harvard, Vancouver, ISO, and other styles
29

Huang, Yi-Jie, and 黃怡潔. "What Financial Report Information Signals Bank Financial Distress?" Thesis, 2010. http://ndltd.ncl.edu.tw/handle/05330348386079442492.

Full text
Abstract:
碩士<br>元智大學<br>財務金融學系<br>98<br>The aim of this study is to figure a more complete framework to detect troubled financial institutions. Past researches measure the fundamentals of banks mainly by using the financial ratios which are constructed from financial statements. However, nowadays banks involve in many off-balance sheet activities that may cause a huge amount of losses, and this type of risk is not reflected from balance sheet. Moreover, the users of financial reports observe the main asset types that banks hold, but some specific information about the underlying assets, such as the risk
APA, Harvard, Vancouver, ISO, and other styles
30

Kang, Hsiu-Ting, and 康秀婷. "Ownership Structure, Diversification, Financial Policy and Financial Distress." Thesis, 2011. http://ndltd.ncl.edu.tw/handle/19530983112734125885.

Full text
Abstract:
碩士<br>銘傳大學<br>企業管理學系碩士班<br>99<br>The financial crisis from U.S. in 2007 not only negatively influenced the worldwide economies, but also had impacts on some of Taiwan’s companies involving financial distresses. Some literatures mentioned that ownership structure could be one of key factors resulting in financial crisis in Taiwan. The other suggested that diversified operations for a firm may face both maximizing profit and increasing operation risk. The objectives of this study based on the methods of logistic regression and general regression are: (1) investigating the relationships betwee
APA, Harvard, Vancouver, ISO, and other styles
31

張思佳. "Corporate Governance before Financial Distress." Thesis, 2009. http://ndltd.ncl.edu.tw/handle/73056485246051039413.

Full text
Abstract:
碩士<br>國立彰化師範大學<br>商業教育學系<br>97<br>This study examines the variation of corporate governance before financial distress. According to the corporate governance index documented by Chen et al. (2007), we compare the differences of corporate governance index variables between good companies and bad companies. We find that not all of the corporate governance index variables will warn us before financial distress. In addition, the differences of corporate governance index variables between good companies and bad companies are significant.
APA, Harvard, Vancouver, ISO, and other styles
32

Kao, Wei-Bo, and 高偉柏. "Prediction of Corporate Financial Distress." Thesis, 2001. http://ndltd.ncl.edu.tw/handle/70643773063389329545.

Full text
APA, Harvard, Vancouver, ISO, and other styles
33

Lin, Chili, and 林琪莉. "The Study of Financial Distress Syndrome." Thesis, 2004. http://ndltd.ncl.edu.tw/handle/66830199496725126120.

Full text
Abstract:
碩士<br>東吳大學<br>會計學系<br>92<br>Several requirements are required by SEC for the listing companies, such as diversity of ownership, capital structure, profitability and the minimum capital amounts. The corporations operating are in shape. Due to the business operating risk or the capital market risk, some listed companies might come to the financial problems. Human being and corporations are organism and operate under the same mechanism. On the subject of corporations, before facing financial distress there are some hints, which might be revealed and observed. Foretokens are shown some
APA, Harvard, Vancouver, ISO, and other styles
34

Shin-YiWu and 吳欣怡. "Exercise of ESOs and financial distress." Thesis, 2012. http://ndltd.ncl.edu.tw/handle/47362686267583597120.

Full text
Abstract:
碩士<br>國立成功大學<br>會計學系碩博士班<br>100<br>Firms typically have two ways to delivery shares to their employees when they exercise the employee stock options (ESOs) .Firms can either acquire treasury shares from the open market or issue new shares to employees. For firms that repurchase shares, the settlement of ESOs generates cash outflows, which reduce net assets available to service debt and thereby negatively affect firms’ financial risk. By contrast, for firms that choose to issue new shares, the settlement of ESOs does not affect cash flows. The purpose of this study is to investigate whether the
APA, Harvard, Vancouver, ISO, and other styles
35

Sera, Roxana. "Financial distress prediction for portuguese SMEs." Master's thesis, 2020. http://hdl.handle.net/1822/69982.

Full text
Abstract:
Dissertação de mestrado em Finance<br>In Portugal, small and medium-sized enterprises (SMEs) represent 99.9% of the total number of companies and are key generators of employment and contributors to the country`s economy. Given their key role and the fact that their main source of funding comes from financial institutions, it is vital that they have easy access to diversified financing instruments as well as the capacity of presenting their activity and results in an efficient way in order to gain access to them. In this context, a way of interpreting the information available about a com
APA, Harvard, Vancouver, ISO, and other styles
36

WANG, HSIAO-YU, and 王筱瑜. "Financial Distress Prediction and Stock Returns." Thesis, 2016. http://ndltd.ncl.edu.tw/handle/02812360762111558985.

Full text
Abstract:
碩士<br>國立中正大學<br>財務金融系研究所<br>104<br>This study explores the relationship between default risk and stock returns. There are many kinds of financial distress prediction models and I choose financial distress prediction models constructed by univariate analysis, discriminant analysis and regression analysis. Using bankruptcy prediction models as signals, I buy high-default risk stocks and sell low-default-risk stocks at the same time and compare their returns. The results show that financial distress prediction models shown as function forms can’t be signals, only using financial ratios can gener
APA, Harvard, Vancouver, ISO, and other styles
37

Hsiao, Ching-Han, and 蕭清漢. "Financial Distress Prediction Using Data Mining." Thesis, 2016. http://ndltd.ncl.edu.tw/handle/79449758562654212379.

Full text
Abstract:
碩士<br>中國文化大學<br>會計學系<br>104<br>To predict the financial crisis of enterprise in the past using traditional regression models, many scholars have been using data mining method of forecasting enterprises financial crisis. The accuracy has improved, but it is incomplete in the literature. This study uses data mining to forecast a business's financial crisis. The data is from TEJ during year 2004 to 2014. In the first stage, we using neural network, stepwise regres-sion and decision tree C5.0. In the second stage we combine with two artificial intelli-gence algorithms “ decision tree CHAID ”, and
APA, Harvard, Vancouver, ISO, and other styles
38

Lin, Rong-Yi, and 林容以. "Corporate Governance in Financial Distress Companies." Thesis, 2012. http://ndltd.ncl.edu.tw/handle/19487363692923864482.

Full text
Abstract:
碩士<br>世新大學<br>法律學研究所(含碩專班)<br>100<br>The issues of corporate governance have brought attention to the world since Enorn case. Unfortunately, our academy only pays attention to corporate financial situation but neglects the problems which may cause during corporate reorganization process. The aim of corporate governance lies in making benefits for shareholders and the society at the same time avoiding company to offend against the law. Lowering down the agency cost to build corporate value maximization spontaneously. Under the condition of corporate personality exists that must comply with the
APA, Harvard, Vancouver, ISO, and other styles
39

Lin, Yi-Ling, and 林禕玲. "Venture Capitalists in Distress Financial Companies." Thesis, 2007. http://ndltd.ncl.edu.tw/handle/13202646168948389230.

Full text
Abstract:
碩士<br>元智大學<br>財務金融學系<br>95<br>Since venture capitalists can help companies promote their operating performance and venture capitalists will continue to play a role of monitor after IPO. However, there are still many VC-backed IPO that faced financial distress problem and bankruptcy. This paper explores the characteristics of venture capital fund which invests in the financial distress companies and this paper also discusses several features of the financial distress companies.
APA, Harvard, Vancouver, ISO, and other styles
40

張媛婷. "Diversification, Corporate Governance, and Financial Distress." Thesis, 2007. http://ndltd.ncl.edu.tw/handle/23736833137956227029.

Full text
Abstract:
碩士<br>國立政治大學<br>會計研究所<br>95<br>This study employs discrete-time hazard model to investigate how the distress-diversification sensitivity is moderated depending on the level of corporate governance in nested models which sequentially incorporate diversification and then corporate governance as a moderator. The findings show that diversification reduces the possibility of financial distress while corporate governance moderates the diversification effect on financial distress.
APA, Harvard, Vancouver, ISO, and other styles
41

Shen, Chang-Han, and 沈昌翰. "Predicting Corporate Financial Distress in Taiwan." Thesis, 2007. http://ndltd.ncl.edu.tw/handle/31808411140680089876.

Full text
Abstract:
碩士<br>國立臺灣大學<br>國際企業學研究所<br>95<br>Since the late 1990s, the amount of credit risk taken by banks has increased so that the ability to predict company’s default probability has become a critical issue of risk management. This thesis aims to develop a financial distress prediction model, which is based on the KMV model and utilizes historical default probability data from the S&P and Taiwan Ratings Corporation. We hope this model will meet the requirements under the New Basel Capital Accord. Moreover, this thesis focuses on comparing the forecast accuracy of option pricing model and credit scori
APA, Harvard, Vancouver, ISO, and other styles
42

Jan, Yitzung, and 詹益宗. "Comparison Between Financial Distress Prediction Models." Thesis, 2006. http://ndltd.ncl.edu.tw/handle/86423538258426182202.

Full text
Abstract:
碩士<br>國立交通大學<br>財務金融研究所<br>94<br>Based on the data of Taiwan corporations trading in TSE and OTC, this study used financial accounting variables and market variables to construct financial distress prediction models, such as Logit model, MDA model and discrete-time hazard model. With such methodology, I examined whether the added-in market variables could enhance the model’s discrimination ability and predicting capability or not, furthermore, I compared the accuracy of three statistical models. This study classified the variables into four categories, which are financial accounting variable g
APA, Harvard, Vancouver, ISO, and other styles
43

LIANG, QING-YUAN, and 梁清源. "The judgement of financial distress model." Thesis, 1992. http://ndltd.ncl.edu.tw/handle/05665700240579551679.

Full text
APA, Harvard, Vancouver, ISO, and other styles
44

Falcato, Inês Fazeres Marques. "Financial distress determinants of portuguese firms." Master's thesis, 2021. http://hdl.handle.net/10400.14/35292.

Full text
Abstract:
This dissertation aims to: (1) investigate the most determinant factors responsible for the financial distress of Portuguese firms, (2) identify the most common causes for the rejection of firms’ restructuring plans and (3) understand if the state and condition of the company both when it asks for help and when it initiates its restructuring plan affect their survival in the future. Financial distress determinants are identified by analysing the companies that applied for Processo Especial de Revitalização (PER) and by comparing them to analogous healthy firms. The impact of these factors on
APA, Harvard, Vancouver, ISO, and other styles
45

Li, Chun-Hsuan, and 李純萱. "Constructing a Financial Distress Warning Model with Financial and Non-financial Indicators." Thesis, 2011. http://ndltd.ncl.edu.tw/handle/75842806310770189989.

Full text
Abstract:
碩士<br>中國文化大學<br>會計學系<br>99<br>Many companies have occurred financial distress, such as Enron, WorldCom, Procomp and Infodisc. Lehman Brothers also bankrupted in 2008. These companies bankrupted with no early warning signs. Investors are afraid of their stocks changing as tank stocks suddenly. Therefore, if there is a financial distress warning model that can prepare in advance, and avoid losing much money. Considering the type of industry and firm size, this study adopts the samples of distressed companies in Taiwan from 2006 to 2010. This study also employs Logistic regression to analyze 171
APA, Harvard, Vancouver, ISO, and other styles
46

賴士詮. "Prediction of financial distress with text mining and financial indicators." Thesis, 2018. http://ndltd.ncl.edu.tw/handle/r37695.

Full text
Abstract:
碩士<br>國立政治大學<br>資訊管理學系<br>106<br>The financial crisis of listed companies not only threatens the interests of the enterprise and internal staff, but also makes investors face significant financial loss, and that could also lead to the chaos of financial environment. It is important to establish an effective early warning system for prediction of financial crisis. The early warning system can detect the financial deterioration of the company earlier and find the company which have potential crisis. It also can prevent and decrease the harm in the international financial markets. Financial annua
APA, Harvard, Vancouver, ISO, and other styles
47

QI, WU-JUN, and 戚務君. "Using financial statement as analysis of financial distress in Taiwan." Thesis, 1991. http://ndltd.ncl.edu.tw/handle/98741665447729211782.

Full text
APA, Harvard, Vancouver, ISO, and other styles
48

Min-HsienTsou and 鄒明憲. "The Prediction of Financial Distress with Macroeconomic Variables, Financial and Non-financial Factors." Thesis, 2015. http://ndltd.ncl.edu.tw/handle/25234937270291369652.

Full text
Abstract:
碩士<br>國立成功大學<br>財務金融研究所碩士在職專班<br>103<br>Using sample data of TSEC-listed and OTC-listed companies between 2001 and 2010, this study develops a financial distress forecasting model on a logit base. Different from most previous studies, besides six financial variables, this study adds in seven non-financial variables that are more difficult to be quantified and four macroeconomic variables for improving the forecasting capacity of the model. Moreover, in contrast to the conventional use of 0.5 as the financial distress critical value, this study chooses the critical probability based on the pr
APA, Harvard, Vancouver, ISO, and other styles
49

Hung, Min-Yu, and 洪旻郁. "When Will Financial Distress Prediction Models Fail?" Thesis, 2009. http://ndltd.ncl.edu.tw/handle/60003156094196645699.

Full text
Abstract:
碩士<br>臺灣大學<br>財務金融學研究所<br>98<br>he thesis investigates reasons behind failed distressed prediction models. Since variables of models reflect the current status of a company’s operating and financing situation. The quality of inputted information is quite influential for an effective distressed model. We compare our defined best accounting and market distressed forecasting models under five hypotheses to see the relative performance of both models. Our defined best accounting and market distressed prediction models have reached statistical significant in forecasting default. Particularly, the m
APA, Harvard, Vancouver, ISO, and other styles
50

康嫻莉. "Corporate Governance, Corporate Frauds and Financial Distress." Thesis, 2007. http://ndltd.ncl.edu.tw/handle/86803553111435343911.

Full text
Abstract:
碩士<br>國立政治大學<br>會計研究所<br>95<br>With financial distress being classified as operating-failure financial distress and fraud financial distress, this study employs discrete-time survival model to characterize the fraud financial distress by corporate governance and financial performance. It also investigates the moderate effect of corporate governance on the sensitivity of financial distress to debt ratio. The empirical results indicate that companies with weak corporate governance and good financial performance are more likely to encounter fraud financial distress than operating-failure financ
APA, Harvard, Vancouver, ISO, and other styles
We offer discounts on all premium plans for authors whose works are included in thematic literature selections. Contact us to get a unique promo code!