Browsing AU Journal of Management: Vol. 4, No. 1 (2006) by Subject "Risk management"
Now showing items 1-1 of 1
(Assumption University, 2006)
The objective of this paper is to find a model to predict bankruptcy of firms listed on the Stock Exchange of Thailand (SET) by using a secondary data approach. Using five ratios and applying logistic regression approach, the CAMEL model was then created. The results show the model could be used as a predictor; however, the degree of accuracy may vary with different time, situations and environments.