Electrical and Computer Engineering Commons^™

The Role Of Non-Financial Features Related To Corporate Governance In Business Crisis Prediction, Fengyi Lin, Deron Liang, Wing-Sang Chu

Journal of Marine Science and Technology

Recent outbreak of corporate financial crises worldwide has brought attention to the need for a new international financial architecture which rests on crisis prediction and crisis management. It is therefore both desirable and vital to explore new predictive techniques for providing early warnings aganist bankruptcy. Financial data have been widely used by researchers to predict financial distress or business crisis, but few studies exploit the use of non-financial indicators related to corporate governance to construct business crisis prediction model. This article introduces into the field of business crisis prediction model based on a combination of both financial and corporate governance …