The aim of this paper is to provide a model for determining the possibility of financial crisis of a company. The model may help the user to investigate the company financial crisis and its going concern to make logical economic decisions. Target sample includes two groups of companies: 30 companies which are involved in financial crisis and 60 companies which are not involved in financial crisis. A number of important financial warning variables were compared between the two groups and variables that had a statistically significant difference were selected to fit a model to calculate the probability of financial crisis. Then, using the logit method, a model was fitted that has the ability to predict the crisis to 96 percent.
Arabsalehi,M. and Rahrovi Dastjerdi,A. (2013). Providing A Model For Determining The Probability of Financial Crisis in The Company. Accounting and Auditing Studies, 2(6), 20-31. doi: 10.22034/iaas.2013.105410
MLA
Arabsalehi,M. , and Rahrovi Dastjerdi,A. . "Providing A Model For Determining The Probability of Financial Crisis in The Company", Accounting and Auditing Studies, 2, 6, 2013, 20-31. doi: 10.22034/iaas.2013.105410
HARVARD
Arabsalehi M., Rahrovi Dastjerdi A. (2013). 'Providing A Model For Determining The Probability of Financial Crisis in The Company', Accounting and Auditing Studies, 2(6), pp. 20-31. doi: 10.22034/iaas.2013.105410
CHICAGO
M. Arabsalehi and A. Rahrovi Dastjerdi, "Providing A Model For Determining The Probability of Financial Crisis in The Company," Accounting and Auditing Studies, 2 6 (2013): 20-31, doi: 10.22034/iaas.2013.105410
VANCOUVER
Arabsalehi M., Rahrovi Dastjerdi A. Providing A Model For Determining The Probability of Financial Crisis in The Company. Accounting and Auditing Studies, 2013; 2(6): 20-31. doi: 10.22034/iaas.2013.105410
