In this paper, we will discuss current solvency evaluation methods, explore their inherent weaknesses and propose a cash flow-based alternative that may be more effective in identifying candidates that are susceptible to financial failure. We believe this research will benefit corporate business managers of both public and private firms in helping them to identify and to take constructive action to correct potentially crippling situations. We also believe it will be of value to equity and debt investors, by providing them with more timely and accurate analysis for investment decisions. Lastly, it should be of value to auditors in assessing a firm ability to continue as a 'going concern' and issuing opinions.
|School:||Golden Gate University|
|School Location:||United States -- California|
|Source:||DAI-A 72/09, Dissertation Abstracts International|
|Keywords:||Bankruptcy, Cash flows, Logistic regression|
Copyright in each Dissertation and Thesis is retained by the author. All Rights Reserved
dissertation or thesis. The supplemental files are provided "AS IS" without warranty. ProQuest is not responsible for the
content, format or impact on the supplemental file(s) on our system. in some cases, the file type may be unknown or
may be a .exe file. We recommend caution as you open such files.
supplemental files is subject to the ProQuest Terms and Conditions of use.