Testing and analyzing models to predict the financial failure of companies - applied research on a sample of financial investment companies listed on the Iraq Stock Exchange for the period from 2007-2011
Keywords:
Financial failure prediction modelsAbstract
The multiplicity and the large financial ratios that used in financial analysis
which pay researchers to find a set of models that will predict the financial
position of the company for the coming years . These models named as models of
financial failure , so this study focused on a group of test these models to
determine their compatibility with the Iraqi financial environment . It’s fact that
most of investors in the Iraqi market for securities Face difficulty in discovering
the possibility of the company stumbled financially or not , which pushes them
into the reluctance or reduce the size of the capital invested in financial assets .
This reflects negatively on the economy as a whole . thus the importance of the
study to test the best models can be used in the Iraqi market for securities to
predict the financial failure of the listed companies in this market that are more
realistic and credible for the detection of financial failure for companies , as
study was divided into four axis which it addressed the first structure of
procedure of the study , while limited the second axis on the theoretical
framework for the study while addressing the third axis the practical side of her
the study concluded to a set of conclusions and recommendations.
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