De grootste kennisbank van het HBO

Inspiratie op jouw vakgebied

Vrij toegankelijk

Terug naar zoekresultatenDeel deze publicatie

Backward Firm-Failure Prediction: A longitudinal analysis of profitability as measure of efficiency

Open access

Rechten:Alle rechten voorbehouden

Backward Firm-Failure Prediction: A longitudinal analysis of profitability as measure of efficiency

Open access

Rechten:Alle rechten voorbehouden

Samenvatting

Early 20th century management literature was very decisive about the role of efficiency; it was the ‘one best way’-criterion for organizational decision-making. This paper shows by means of a backward prediction that efficiency was indeed an important measure for organizations in the early 20th century. In this paper we view profitability as an indicator of the efficiency of a firm. It is suggested that positive efficiency in relation with the development (i.e. growth) of a firm contributes to survival, and that negative efficiency in relation with a drop in size predicts bankruptcy. This result supports the insight of early management literature, and offer a research design to repeat comparable studies for present companies.
This result is also in line with several studies that measure a range of variables (profits, sales figures, shareholder value) of a certain year to predict future viability of a firm. Our research adds to this snapshot method a longitudinal insight that offers an explanation for a firm’s slide into bankruptcy where others may survive.

Toon meer
OrganisatieAvans Hogeschool
AfdelingExpertisecentrum Technische Innovatie
LectoraatLectoraat Solar Productietechnologie en Equipmentontwikkeling
Jaar2003
TypeConferentiebijdrage
TaalEngels

Op de HBO Kennisbank vind je publicaties van 26 hogescholen

De grootste kennisbank van het HBO

Inspiratie op jouw vakgebied

Vrij toegankelijk