Journal of the Korea Institute of Building Construction (한국건축시공학회지)

The Korean Institute of Building Construction (한국건축시공학회)
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A Study on the Forecast of Construction Business Failure according to Financial Ratio

재무비율을 이용한 건설기업의 도산 예측

  • Published : 2004.06.01
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Abstract

There was the time of IMF(1998) that management condition of construction business had been the worst. After that time, structural regulation was completed and financial structure was returned to normalcy(2001). At that time, the aim of this paper is that fifteen construction business are researched for process of management condition and capital structure after they is selected as samples for three years, also failure of two-groups is predicted as statistics analysis and multiple discriminant analysis for them. In this paper, It is researched financial statement of business by the forecast experiment of failure and analyzed statistically possibility of failure and success for financial ratio. For them, the fifteen companies of failure and the fifteen companies what were not the failure, for listed company, and the fourteen variables are selected and they are analyzed statistically according to Logit Analysis.

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