Title : A Robust Multivariate Procedure for the Identification of Problem Savings and Loan Institutions


Authors : David Booth, Pervaiz Alam, Sharif Ahkam, Barbara Osyk

Abstract : The 1980s have seen a great increase in the number of failed savings and loan institutions. In order to prevent such failures, it would be helpful if regulators have an early warning model. Such a model should be able to flag potential failed firms to prevent failure. In this paper, a robust multivariate procedure is used to successfully identify potentially failed firms well ahead of an actual failure date.


Journal : Decision Sciences Volume : 20 Year : 1989 Issue : 2
Pages : 320-333 City : Edition : Editors :
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