How to cite this paper
Nguyen, T., To, L., Trung, K & Dang, T. (2022). Applying appropriate models to predict bankruptcy for Vietnamese listed construction companies.Accounting, 8(2), 101-110.
Refrences
Abidali, A. F., & Harris, F. (1995). A methodology predicting failure in the construction industry. Construction Management and Economics, 13(3), 189 - 196.
Altman, E. I. (1968). Financial ratios, discriminant analysis and the prediction of corporate bankruptcy. The Journal of Finance, 23(4), 589-609.
Altman, E. I., & Hotchkiss, E. (2006). Corporate financial distress and bankruptcy.
Ann-Katrin Napp. (2011). Financial risk management in SME: The use of financial analysis for identifying, analysing and monitoring internal financial risk. Master thesis, Aarhus School of Business, Aarhus University.
Beaver, W. H. (1966). Financial ratios as predictors of failure. Journal of Accounting Research, 4, 71-111.
Campbell, J. Y., Hilscher, J., & Szilagyi, J. (2008). In search of distress risk. The Journal of Finance, 63(6), 2899-2939.
Collins, R.A., & Green, R.D. (1982). Statistical methods for bankruptcy forecasting. Journal of Economics and Business, 34(4), 349-354.
Davidson, R. A., & Maguire, M. G. (2003). Ten most common causes of construction contractor failures. Journal of Construction Accounting and Taxation, 13(1), 35e37.
du Jardin, P. (2012). The influence of variable selection methods on the accuracy of bankruptcy prediction models, 116, 20-39.
Du Jardin, P. (2015). Bankruptcy prediction using terminal failure processes. European Journal of Operational Research, 242(1), 286-303.
GSO - General Statistic Office (2018), Statistical Yearbook of Vietnam, Statistical Publishing House.
Hall, G. (1982). Great planning disasters. Berkeley, CA: University of California
Hanzaee, A. H. (2010). Test of the generalizability of Altman’s bankruptcy prediction model. In S. S. Mahmoud, J. Zhou, & G. S. Tomar (Eds.), Proceedings: 2010 international conference on financial theory and engineering (ICFTE 2010), June 18e20, Dubai, United Arab Emirates (pp. 215e220). IEEE Press.
Hsieh, J., Lyandres, E., & Zhdanov, A. (2011). A theory of merger-driven IPOs. Journal of Financial and Quantitative Analysis, 46(5), 1367-1405.
Ivicic, L., & Cerovac, S. (2009). Credit risk assessment of corporate sector in Croatia. Financial Theory and Practice, 33(4), 373-399.
Kale, S., & Arditi, D. (1999). Age-dependent business failures in the US construction industry. Construction Management and Economics, 17(4), 493e503.
Kangari, R. (1988). Business failure in the construction industry. Journal of Construction Engineering and Management, ASCE, 114(2), 172e190.
Korol, T., & Korodi, A. (2011). An evaluation of effectiveness of fuzzy logic model in predicting the business bankruptcy. Romanian Journal of Economic Forecasting, 3(1), 92-107.
Mason, R. J., & Harris, F. C. (1979). Predicting company failure in the construction industry. Proceedings Institution of Civil Engineers, 66(Part 1), 301e307.
Morris, P. W. G., & Hough, G. H. (1987). The anatomy of major projects: A study of the reality of project management. Chichester, UK: John Wiley & Sons.
Ohlson, J. (1980). Financial ratios and the probabilistic prediction of bankruptcy. Journal of Accounting Research 18, 109–131.
Pompe, P.P.M., & Bilderbeek, J. (2005). The prediction of bankruptcy of small- and medium-sized industrial firms. Journal of Business Venturing 20(6), 847-868.
Russell, J. S., & Casey, J. J., Jr. (1992). Design engineer/contractor failure from prior to contract award. Journal of Management in Engineering, ASCE, 8(3), 278e297.
Russell, J. S., & Zhai, H. (1996). Predicting contractor failure using stochastic dynamics of economic and financial variables. Journal of Construction Engineering and Management, ASCE, 122(2), 183e191.
Schaufelberger, J. E. (2003). Causes of subcontractor business failure and strategies to prevent failure. In K. R. Molenaar, & P. S. Chinowsky (Eds.), Proceedings: Construction research Congress 2003 e Winds of change: Integration and innovation of construction, March 19-21, Honolulu, Hawaii (pp. 593e599). ASCE Press.
Vickers, F. (2006). The Dynamic Small Business Managers. Lulu.com.
Wu, Y., Gaunt, C., & Gray, S. (2010). A comparison of alternative bankruptcy prediction models. Journal of Contemporary Accounting & Economics, 6(1), 34-45.
Wu, D., & Zhou, J. (2006). Capital requirement and commercial bank’s operation: An empirical analysis of large and medium commercial banks in China. Journal of Financial Research, 314(8), 144-153.
Zhao, X.J., & Wang, S.B. (2006). Effect of new capital accord on lending of commercial banks. Studies of International Finance, 2, 36-42.
Altman, E. I. (1968). Financial ratios, discriminant analysis and the prediction of corporate bankruptcy. The Journal of Finance, 23(4), 589-609.
Altman, E. I., & Hotchkiss, E. (2006). Corporate financial distress and bankruptcy.
Ann-Katrin Napp. (2011). Financial risk management in SME: The use of financial analysis for identifying, analysing and monitoring internal financial risk. Master thesis, Aarhus School of Business, Aarhus University.
Beaver, W. H. (1966). Financial ratios as predictors of failure. Journal of Accounting Research, 4, 71-111.
Campbell, J. Y., Hilscher, J., & Szilagyi, J. (2008). In search of distress risk. The Journal of Finance, 63(6), 2899-2939.
Collins, R.A., & Green, R.D. (1982). Statistical methods for bankruptcy forecasting. Journal of Economics and Business, 34(4), 349-354.
Davidson, R. A., & Maguire, M. G. (2003). Ten most common causes of construction contractor failures. Journal of Construction Accounting and Taxation, 13(1), 35e37.
du Jardin, P. (2012). The influence of variable selection methods on the accuracy of bankruptcy prediction models, 116, 20-39.
Du Jardin, P. (2015). Bankruptcy prediction using terminal failure processes. European Journal of Operational Research, 242(1), 286-303.
GSO - General Statistic Office (2018), Statistical Yearbook of Vietnam, Statistical Publishing House.
Hall, G. (1982). Great planning disasters. Berkeley, CA: University of California
Hanzaee, A. H. (2010). Test of the generalizability of Altman’s bankruptcy prediction model. In S. S. Mahmoud, J. Zhou, & G. S. Tomar (Eds.), Proceedings: 2010 international conference on financial theory and engineering (ICFTE 2010), June 18e20, Dubai, United Arab Emirates (pp. 215e220). IEEE Press.
Hsieh, J., Lyandres, E., & Zhdanov, A. (2011). A theory of merger-driven IPOs. Journal of Financial and Quantitative Analysis, 46(5), 1367-1405.
Ivicic, L., & Cerovac, S. (2009). Credit risk assessment of corporate sector in Croatia. Financial Theory and Practice, 33(4), 373-399.
Kale, S., & Arditi, D. (1999). Age-dependent business failures in the US construction industry. Construction Management and Economics, 17(4), 493e503.
Kangari, R. (1988). Business failure in the construction industry. Journal of Construction Engineering and Management, ASCE, 114(2), 172e190.
Korol, T., & Korodi, A. (2011). An evaluation of effectiveness of fuzzy logic model in predicting the business bankruptcy. Romanian Journal of Economic Forecasting, 3(1), 92-107.
Mason, R. J., & Harris, F. C. (1979). Predicting company failure in the construction industry. Proceedings Institution of Civil Engineers, 66(Part 1), 301e307.
Morris, P. W. G., & Hough, G. H. (1987). The anatomy of major projects: A study of the reality of project management. Chichester, UK: John Wiley & Sons.
Ohlson, J. (1980). Financial ratios and the probabilistic prediction of bankruptcy. Journal of Accounting Research 18, 109–131.
Pompe, P.P.M., & Bilderbeek, J. (2005). The prediction of bankruptcy of small- and medium-sized industrial firms. Journal of Business Venturing 20(6), 847-868.
Russell, J. S., & Casey, J. J., Jr. (1992). Design engineer/contractor failure from prior to contract award. Journal of Management in Engineering, ASCE, 8(3), 278e297.
Russell, J. S., & Zhai, H. (1996). Predicting contractor failure using stochastic dynamics of economic and financial variables. Journal of Construction Engineering and Management, ASCE, 122(2), 183e191.
Schaufelberger, J. E. (2003). Causes of subcontractor business failure and strategies to prevent failure. In K. R. Molenaar, & P. S. Chinowsky (Eds.), Proceedings: Construction research Congress 2003 e Winds of change: Integration and innovation of construction, March 19-21, Honolulu, Hawaii (pp. 593e599). ASCE Press.
Vickers, F. (2006). The Dynamic Small Business Managers. Lulu.com.
Wu, Y., Gaunt, C., & Gray, S. (2010). A comparison of alternative bankruptcy prediction models. Journal of Contemporary Accounting & Economics, 6(1), 34-45.
Wu, D., & Zhou, J. (2006). Capital requirement and commercial bank’s operation: An empirical analysis of large and medium commercial banks in China. Journal of Financial Research, 314(8), 144-153.
Zhao, X.J., & Wang, S.B. (2006). Effect of new capital accord on lending of commercial banks. Studies of International Finance, 2, 36-42.