Predicting Corporate Failure in the UK: A Multidimensional Scaling Approach
提出用多维尺度分析技术预测公司破产，通过统计地图直观展示数据特征，并用英国工业公司样本验证，帮助从业者评估公司财务健康。
Scaling techniques are proposed as a tool for the analysis and prediction of corporate failure. This approach, while keeping a strong theoretical basis, has the advantage of visualising the main features of the data in the form of statistical maps that lend themselves to intuitive interpretation. The maps contain directional statistics to help with interpretation. The methodology is demonstrated using a sample of UK industrial companies. A future‐dated holdout sample is also employed to illustrate how the Multidimensional Scaling technique can aid practitioners when assessing the financial health of a company.