Matches in SemOpenAlex for { <https://semopenalex.org/work/W1995462017> ?p ?o ?g. }
- W1995462017 endingPage "295" @default.
- W1995462017 startingPage "277" @default.
- W1995462017 abstract "Over 31 finance companies (non-bank deposit takers) failed in New Zealand over the 2006–2009 period. With an estimated loss of over NZ$3 billion, there was public outcry and a parliamentary inquiry into the causes of the failures, but few have asked if this was a predictable event. We find that failed finance companies have lower capital adequacy, inferior asset quality, more loans falling due, higher earnings and lower cash flows. Furthermore, failed companies have a longer audit lag and some trustees appear to have a greater percentage of failed firms than others. Our logistic model can successfully classify failure one year before for 88.7% of companies. Our logistic model (neural network) can also correctly classify up to 87.5% (83.3%) of a holdout sample. Our results are of interest to regulators and practitioners, as we show that publicly available data could distinguish between failed and non-failed finance companies." @default.
- W1995462017 created "2016-06-24" @default.
- W1995462017 creator A5024673074 @default.
- W1995462017 creator A5041145596 @default.
- W1995462017 creator A5059859835 @default.
- W1995462017 date "2014-12-01" @default.
- W1995462017 modified "2023-10-14" @default.
- W1995462017 title "Finance company failure in New Zealand during 2006–2009: Predictable failures?" @default.
- W1995462017 cites W1484545635 @default.
- W1995462017 cites W1968182870 @default.
- W1995462017 cites W1979671915 @default.
- W1995462017 cites W1988568667 @default.
- W1995462017 cites W1990317644 @default.
- W1995462017 cites W1992522369 @default.
- W1995462017 cites W2004983867 @default.
- W1995462017 cites W2007086328 @default.
- W1995462017 cites W2014247029 @default.
- W1995462017 cites W2020848494 @default.
- W1995462017 cites W2024292286 @default.
- W1995462017 cites W2024822377 @default.
- W1995462017 cites W2030981525 @default.
- W1995462017 cites W2036152280 @default.
- W1995462017 cites W2037484800 @default.
- W1995462017 cites W2047649690 @default.
- W1995462017 cites W2048801439 @default.
- W1995462017 cites W2049827895 @default.
- W1995462017 cites W2050957348 @default.
- W1995462017 cites W2081048829 @default.
- W1995462017 cites W2092661875 @default.
- W1995462017 cites W2098307847 @default.
- W1995462017 cites W2121635004 @default.
- W1995462017 cites W2124532504 @default.
- W1995462017 cites W2133292035 @default.
- W1995462017 cites W2133986828 @default.
- W1995462017 cites W2150264298 @default.
- W1995462017 cites W2160184254 @default.
- W1995462017 cites W2164046043 @default.
- W1995462017 cites W2174372020 @default.
- W1995462017 cites W2213612645 @default.
- W1995462017 cites W2232707789 @default.
- W1995462017 cites W2316170732 @default.
- W1995462017 cites W3121226097 @default.
- W1995462017 cites W3122768424 @default.
- W1995462017 cites W3123370968 @default.
- W1995462017 cites W3123890019 @default.
- W1995462017 cites W3124077561 @default.
- W1995462017 cites W3125135097 @default.
- W1995462017 cites W4229845641 @default.
- W1995462017 doi "https://doi.org/10.1016/j.jcae.2014.10.002" @default.
- W1995462017 hasPublicationYear "2014" @default.
- W1995462017 type Work @default.
- W1995462017 sameAs 1995462017 @default.
- W1995462017 citedByCount "13" @default.
- W1995462017 countsByYear W19954620172015 @default.
- W1995462017 countsByYear W19954620172016 @default.
- W1995462017 countsByYear W19954620172017 @default.
- W1995462017 countsByYear W19954620172018 @default.
- W1995462017 countsByYear W19954620172020 @default.
- W1995462017 countsByYear W19954620172023 @default.
- W1995462017 crossrefType "journal-article" @default.
- W1995462017 hasAuthorship W1995462017A5024673074 @default.
- W1995462017 hasAuthorship W1995462017A5041145596 @default.
- W1995462017 hasAuthorship W1995462017A5059859835 @default.
- W1995462017 hasConcept C10138342 @default.
- W1995462017 hasConcept C121955636 @default.
- W1995462017 hasConcept C144133560 @default.
- W1995462017 hasConcept C162324750 @default.
- W1995462017 hasConcept C185592680 @default.
- W1995462017 hasConcept C198531522 @default.
- W1995462017 hasConcept C199521495 @default.
- W1995462017 hasConcept C2781426361 @default.
- W1995462017 hasConcept C38652104 @default.
- W1995462017 hasConcept C41008148 @default.
- W1995462017 hasConcept C43617362 @default.
- W1995462017 hasConcept C76178495 @default.
- W1995462017 hasConceptScore W1995462017C10138342 @default.
- W1995462017 hasConceptScore W1995462017C121955636 @default.
- W1995462017 hasConceptScore W1995462017C144133560 @default.
- W1995462017 hasConceptScore W1995462017C162324750 @default.
- W1995462017 hasConceptScore W1995462017C185592680 @default.
- W1995462017 hasConceptScore W1995462017C198531522 @default.
- W1995462017 hasConceptScore W1995462017C199521495 @default.
- W1995462017 hasConceptScore W1995462017C2781426361 @default.
- W1995462017 hasConceptScore W1995462017C38652104 @default.
- W1995462017 hasConceptScore W1995462017C41008148 @default.
- W1995462017 hasConceptScore W1995462017C43617362 @default.
- W1995462017 hasConceptScore W1995462017C76178495 @default.
- W1995462017 hasIssue "3" @default.
- W1995462017 hasLocation W19954620171 @default.
- W1995462017 hasOpenAccess W1995462017 @default.
- W1995462017 hasPrimaryLocation W19954620171 @default.
- W1995462017 hasRelatedWork W1480452202 @default.
- W1995462017 hasRelatedWork W1971350065 @default.
- W1995462017 hasRelatedWork W2381327865 @default.
- W1995462017 hasRelatedWork W2765736703 @default.
- W1995462017 hasRelatedWork W2888034390 @default.
- W1995462017 hasRelatedWork W293545476 @default.
- W1995462017 hasRelatedWork W3119521567 @default.