Math 450 Senior Seminar Presents "Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy" on Tuesday, February 17
In 1968, Edward Altman developed a model to predict bankruptcy up to three years before the event. This model is known as The Altman Z-Score and was developed using in-depth statistical techniques. This talk will focus on an introduction to traditional ratio analysis and how Altman combined this with statistics to predict bankruptcy. An overview of the multiple regression techniques used to create the model will be discussed, along with the overall results of the model. Further discussion will be on the application of the The Altman Z-Score in today's economic environment, as well as the application to some well-known companies.
Math 450 Senior Seminar Presents
"Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy"