This study was conducted to evaluate he predictive power of classifying corporation group using logit and multiple discriminant analysis. 14 financial ratio of 17 convention corporations in 2004 was used as main variables. The statistical significance...
This study was conducted to evaluate he predictive power of classifying corporation group using logit and multiple discriminant analysis. 14 financial ratio of 17 convention corporations in 2004 was used as main variables. The statistical significances of the five financial ratio variables were confirmed by discriminant analysis and logit analysis. Considering all analysis(discriminant analysis, 94.1% & logit analysis, 82.3%), corporation group of classifying convention group (standard corporation vs. failure group) was confirmed to have a high predictive power by discriminant analysis.