| Autor: |
Walker, Michael C., Stowe, John D., Moriarty, Shane |
| Předmět: |
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| Zdroj: |
Journal of Business Finance & Accounting; Summer79, Vol. 6 Issue 2, p173-186, 14p |
| Abstrakt: |
The article discusses the reevaluation of decomposition analysis and its application in monitoring the financial condition of firms. Decomposition measures have some predicative power in the areas of corporate bankruptcy but they do not measure up a more sophisticated model. It is ideally suited in monitoring the financial statements because they can identify the occurrence of a significant overall structural changes and the sources of these changes. Decomposition analysis is a useful adjunct or replacement for other techniques of monitoring financial statements. Significant overall structural changes in financial data is detected by the decomposition measures. Its components are able to direct attention to the components of the financial statements which have changes in much the same manner that traditional ratios do. Decomposition analysis have its greatest value as a monitoring device. |
| Databáze: |
Complementary Index |
| Externí odkaz: |
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