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Luận văn thạc sĩ comparison of accountin based bankruptcy prediction models of altman(1968), ohlson(1980) nad zmijewski(1984) using vietnamese listed companies during 2008 2014

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Nội dung chi tiết: Luận văn thạc sĩ comparison of accountin based bankruptcy prediction models of altman(1968), ohlson(1980) nad zmijewski(1984) using vietnamese listed companies during 2008 2014

Luận văn thạc sĩ comparison of accountin based bankruptcy prediction models of altman(1968), ohlson(1980) nad zmijewski(1984) using vietnamese listed companies during 2008 2014

UNIVERSITY OF ECONOMICSHO CHIMINHCITY VIETNAMTHE NETHERLANDSINSTITUTE OF SOCIAL STUDIESTHE HAGUEVIETNAM - NETHERLANDSPROGRAMME FOR M.A IN DEVELOPMENT

Luận văn thạc sĩ comparison of accountin based bankruptcy prediction models of altman(1968), ohlson(1980) nad zmijewski(1984) using vietnamese listed companies during 2008 2014 ECONOMICSComparison of accounting-based bankruptcy prediction models of Altman(1968), Ohlson(1980) and Zmijewski(1984)using Vietnamese listed compani

es during 2008 - 2014A thesis submitted in partial fulfilment of the requirements for the degree ofMASTER OF ARTS IN DEVELOPMENT ECONOMICSBvNGVYEN Til Luận văn thạc sĩ comparison of accountin based bankruptcy prediction models of altman(1968), ohlson(1980) nad zmijewski(1984) using vietnamese listed companies during 2008 2014

l PHI ONG TRAMAcademic Supervisor:DR.NGUYEN THI THEY LINEHO CHI MINH CITY, December 2015DECLARATION1“I certify that the substance of this thesis has n

Luận văn thạc sĩ comparison of accountin based bankruptcy prediction models of altman(1968), ohlson(1980) nad zmijewski(1984) using vietnamese listed companies during 2008 2014

ot already been submitted for any degree and have not been currently submitted for any other degree.I certify that to the best of my knowledge and hel

UNIVERSITY OF ECONOMICSHO CHIMINHCITY VIETNAMTHE NETHERLANDSINSTITUTE OF SOCIAL STUDIESTHE HAGUEVIETNAM - NETHERLANDSPROGRAMME FOR M.A IN DEVELOPMENT

Luận văn thạc sĩ comparison of accountin based bankruptcy prediction models of altman(1968), ohlson(1980) nad zmijewski(1984) using vietnamese listed companies during 2008 2014 NOWLEDGEMENTSActually, this thesis could not have been finished without a collaborative experience involving the helps from many people. I would like

to acknowledge and express my heartfelt gratitude to those who give me the tremendous support to complete this thesis.I greatly express my special tha Luận văn thạc sĩ comparison of accountin based bankruptcy prediction models of altman(1968), ohlson(1980) nad zmijewski(1984) using vietnamese listed companies during 2008 2014

nks to my supervisor Dr. Nguyen Thi Thuy L inh who was abundantly helpful and offered invaluable assistance, support and guidance through finishing th

Luận văn thạc sĩ comparison of accountin based bankruptcy prediction models of altman(1968), ohlson(1980) nad zmijewski(1984) using vietnamese listed companies during 2008 2014

is process.I express my warm thanks to Mr Pham Khanh Nam for all his academic recommendations.I am using this opportunity to express my gratitude to e

UNIVERSITY OF ECONOMICSHO CHIMINHCITY VIETNAMTHE NETHERLANDSINSTITUTE OF SOCIAL STUDIESTHE HAGUEVIETNAM - NETHERLANDSPROGRAMME FOR M.A IN DEVELOPMENT

Luận văn thạc sĩ comparison of accountin based bankruptcy prediction models of altman(1968), ohlson(1980) nad zmijewski(1984) using vietnamese listed companies during 2008 2014 ractsmore attention of debtors, creditors, shareholders and other stakeholders. Moreover, it can be applied in a wide variety of situations to busines

s managers make crucial decision. The bankruptcy prediction models have been developed based on old original modes ofAltman(1968), Ohlson(1980) and Zm Luận văn thạc sĩ comparison of accountin based bankruptcy prediction models of altman(1968), ohlson(1980) nad zmijewski(1984) using vietnamese listed companies during 2008 2014

ijewski(1984)usingmultivariate discriminate, logit and probit analysis respectively. This thesisconducted the comparison of predictive power among the

Luận văn thạc sĩ comparison of accountin based bankruptcy prediction models of altman(1968), ohlson(1980) nad zmijewski(1984) using vietnamese listed companies during 2008 2014

se modelsusingVietnamesehsted firms during the period from 2008 to 2014. The data is taken from listed companies in HOSE and HNX stock market and char

UNIVERSITY OF ECONOMICSHO CHIMINHCITY VIETNAMTHE NETHERLANDSINSTITUTE OF SOCIAL STUDIESTHE HAGUEVIETNAM - NETHERLANDSPROGRAMME FOR M.A IN DEVELOPMENT

Luận văn thạc sĩ comparison of accountin based bankruptcy prediction models of altman(1968), ohlson(1980) nad zmijewski(1984) using vietnamese listed companies during 2008 2014 ear, two years and three year beforehand bankruptcy, the analysis of differences of accuracy rates and Receiver Operating Curves IS applied.Overall. O

hlson'sprobit model (1980) performed most accurate on the Vietnam listed companies within investigation periods This implies that Ohlson’smodel is the Luận văn thạc sĩ comparison of accountin based bankruptcy prediction models of altman(1968), ohlson(1980) nad zmijewski(1984) using vietnamese listed companies during 2008 2014

best predictor for bankruptcy likelihood for the listed companied 111 Vietnam However, since the unstable accuracy rates and the highest frequency of

Luận văn thạc sĩ comparison of accountin based bankruptcy prediction models of altman(1968), ohlson(1980) nad zmijewski(1984) using vietnamese listed companies during 2008 2014

Type I and Type II errors, such resultshould be set into perspective and studied cautiously.Keywords: bankruptcy predictiommultivanate discriminate a

UNIVERSITY OF ECONOMICSHO CHIMINHCITY VIETNAMTHE NETHERLANDSINSTITUTE OF SOCIAL STUDIESTHE HAGUEVIETNAM - NETHERLANDSPROGRAMME FOR M.A IN DEVELOPMENT

UNIVERSITY OF ECONOMICSHO CHIMINHCITY VIETNAMTHE NETHERLANDSINSTITUTE OF SOCIAL STUDIESTHE HAGUEVIETNAM - NETHERLANDSPROGRAMME FOR M.A IN DEVELOPMENT

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