A new dynamic geometric approach for empirical analysis of financial ratios and bankruptcy.

• Main Authors: Bahiraie, Alireza, Abdul Karim, Mohd Azhar, Ibrahim, Noor Akma
• Format: Article
• Language: English; English
• Published: American Institute of Mathematical Sciences 2011
• Online Access: http://psasir.upm.edu.my/id/eprint/24233/1/A%20new%20dynamic%20geometric%20approach%20for%20empirical%20analysis%20of%20financial%20ratios%20and%20bankruptcy.pdf; http://psasir.upm.edu.my/id/eprint/24233/; http://aimsciences.org/

This paper presents a complementary technique for the empirical analysis of nancial ratios and bankruptcy risk using nancial ratios. Within this new framework, we propose the use of a new measure of risk, the Dynamic Risk Space (DRS) measure. We provide evidence of the extent to which changes in val...