This study sampled companies listed on Taiwan Stock Exchange that examined financial distress between 2003 and 2009. It uses the survival analysis to find the main indicators which can explain the business bankruptcy in Taiwan. This paper uses the Cox Proportional Hazard Model to assess the usefulness of traditional financial ratios and market variables as predictors of the probability of busin...

This research was conducted with the aim of obtaining empirical evidence effect Profitability, firm size, leverage, and Net Working Capital on Cash Holding. Manufacturing companies listed Indonesia Stock Exchange (IDX) for 2017-2019 period are subjects that will be used in this study. The test carried out 258 samples data from 86 manufacturing had been processed using purposive sampling techniq...

This article studies maximum empirical likelihood estimation in the case of constraint functions that may be discontinuous and/or depend on additional parameters. The later is the case in applications to semiparametric models where the constraint functions may depend on the nuisance parameter. Our results are thus formulated for empirical likelihoods based on estimated constraint functions that...

The author shows that the empirical loglikelihood ratio is also pivotal for the multivariate normal mean and derives E distributions, a family of distributions equivalent to Hotelling’s T 2 in the context of empirical likelihood. For empirical likelihood ratio confidence regions based on estimating equations, the author discusses bounds on their coverage levels derived from the atoms of the E d...

High company value shows good performance. This research was conducted to determine the effect of Liquidity Ratio, Profitability Ratio and Leverage In Affecting Firm Value. The sample in this is Manufacturing Companies on Indonesia Stock Exchange (IDX) during period (2017-2021). number samples study were 5 companies using purposive sampling technique. uses multiple linear regression analysis, t...

Before making a decision, investors will analyze the company's performance first, one of ratios used by to measure level success in assessing shares, difficulty regarding valuation undervalued requires fundamentally, which is price book value. PBV) shows stock prices are categorized as expensive and cheap buying selling definitely choose stocks maximize profits (return), so authors interested c...

Simulation results are reported on methods that allow both within group and between group heteroscedasticity when testing the hypothesis that independent groups have identical regression parameters. The methods are based on a combination of extant techniques, but their finite-sample properties have not been studied. Included are results on the impact of removing all leverage points or just bad ...