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Financial failure prediction using financial ratios: An empirical application on Istanbul stock exchange

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Risk of financial failure is defined as the inability of a firm to pay its current liabilities. Financial failure may lead firms to bankrupt or go into liquidation. This paper aims to develop reliable model to identify the financial failure risk of the firms listed on Istanbul Stock Exchange National-All Share Index. | Financial failure prediction using financial ratios: An empirical application on Istanbul stock exchange

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Financial failure prediction using financial ratios: An empirical application on Istanbul stock exchange

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