The literature presents a clear divide between the so called market and accounting based approaches to bankruptcy prediction. With this in mind, this paper employs the discrete time hazard model framework of Shumway (2001) to test the information content of both market and accounting based models using Australian data. We …nd that market based models signi…cantly outperformed accounting based m...

The high social costs associated with bankruptcy have spurred searches for better theoretical understanding and prediction capability. In this paper, we investigate a hybrid approach to bankruptcy prediction, using a genetic programming algorithm to construct a bankruptcy prediction model with variables from a rough sets model derived in prior research. Both studies used data from 291 US public...

Investigations of the epidemiology of adverse events have advanced the safety of patients in hospital. These studies, however, were done in tort jurisdictions, where the fear of litigation may have inhibited frank and open discussion. New Zealand abolished tort liability in 1972, instead providing an administrative system of compensation without the need to prove fault. We analysed data on adve...

r a d i o l o g y M a n a g e M e n t 30 r a d i o l o g y M a n a g e M e n t  M a r c h / a p r i l 2 0 1 1 The credit earned from the Quick CreditTM test accompanying this article may be applied to the AHRA certified radiology administrator (CRA) operation management domain. By David M. Ottenwess, Esq, Meagan A. Lamberti, Esq, Stephanie P. Ottenwess, Esq, and Adrienne D. Dresevic, Esq Medic...

In Medtronic, Inc. v. Lohr, the United States Supreme Court, in a five-to-four split, held that the Medical Device Amendments of 1976 did not preempt state tort claims against a pacemaker manufacturer. A careful reading of the factually specific holding of this case suggests that manufacturers of medical devices distributed pursuant to premarket approval requirements and investigational device ...