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Analysis of failure prediction models



Год выпуска: 2013
Автор: Cuthbert Muza
Издательство: LAP Lambert Academic Publishing
Страниц: 92
ISBN: 9783659418426
Описание
The study sought to analyse the extent to which prediction models are used as a management tool by bank managers in the Zimbabwean’s banking sector. In this study, nineteen banks were sampled. Financial statements of these banks were used as research subjects. Tests and observation guide were used as research instruments. The study showed that managers of banks do not use prediction models in managing their business and predicting the going concern of banks. It was evident that managers were not aware that the businesses they manage were sinking into unsafe zone and no strategies were put in place to save the business. The study therefore recommends that managers include prediction models techniques in their management. This will enhance their management skills and ensures the viability of an organisation as a going concern without risk to shareholders investments. Finally, it is recommended that further research be carried in order to establish ways of reviving companies whose...


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