| Budget Amount *help |
¥3,640,000 (Direct Cost: ¥3,100,000、Indirect Cost: ¥540,000)
Fiscal Year 2009: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
Fiscal Year 2008: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
Fiscal Year 2007: ¥1,300,000 (Direct Cost: ¥1,300,000)
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| Research Abstract |
This study has executed survival analysis (Cox regression analysis) of financially distressed companies to construct the model for evaluation of corporate going-concern ability using proportional hazard model. As the result of analysis, five out of 40 financial indicators related to liquidity, safety, etc., were found as the variable (covariate) which affected the survival time of these companies. This study shows that the proportional hazard model drawn based on these indicators fits into our general understanding of bankruptcy process.
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