Master Thesis Online
Business failure models: How to incorporte causal effects ?
Final Thesis.pdf
Müsch, Cedric 
Promotor(s) :
Van Caillie, Didier
Date of defense : 5-Sep-2022/10-Sep-2022 • Permalink : http://hdl.handle.net/2268.2/15893
Details
| Title : | Business failure models: How to incorporte causal effects ? |
| Translated title : | [fr] Modèles d'échec commercial : Comment intégrer les effets de causalité ? |
| Author : | Müsch, Cedric
|
| Date of defense : | 5-Sep-2022/10-Sep-2022 |
| Advisor(s) : | Van Caillie, Didier
|
| Committee's member(s) : | Torsin, Wouter
|
| Language : | English |
| Number of pages : | 99 |
| Keywords : | [en] causal effects, business failure, Ooghe, failure path, causality, discriminant analysis |
| Discipline(s) : | Business & economic sciences > Accounting & auditing |
| Institution(s) : | Université de Liège, Liège, Belgique |
| Degree: | Master en sciences de gestion, à finalité spécialisée en Financial Analysis and Audit |
| Faculty: | Master thesis of the HEC-Ecole de gestion de l'Université de Liège |
Abstract
[fr] This research thesis deals with the question of how to incorporate causal effects into traditional business failure models, that can predict bankruptcy for a given sample.
The aim of this study is to provide a comprehensive analysis of a company’s financial construction as well as the traditional failure paths that are based thereon, before establishing a new concept for a model combining both causal and predictive modelling. The model can build a foundation for a more accurate business failure prediction.
The required analysis to obtain these results involves thorough research about core financial elements, the functionality of discriminant analysis as well as causal modelling. Moreover, a discriminant analysis is done on a sample of Belgian firms.
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Cite this master thesis
APA
Müsch, C. (2022). Business failure models: How to incorporte causal effects ? (Unpublished master's thesis). Université de Liège, Liège, Belgique. Retrieved from https://matheo.uliege.be/handle/2268.2/15893
Chicago
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