Financial Distress Prediction in Tanzania: Suitability of Discriminant Analysis Model
J. M. Monyo (Institute of Accountancy Arusha)
Download Article | Published On 01/12/1996

Abstract

"Any early warning signal of probable failure will enable both management and investors to take preventive measures; operating policy change, organization of financial structure, and even voluntary liquidation will shorten the length of time losses are incurred and thereby improve both private and social resource allocation"

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