The development of a model useful in determining the propensity of private colleges toward bankruptcy through the use of financial variables and discriminant analysis /

Bibliographic Details
Main Author: Wood, Richard Glee
Other Authors: Barker, D. (degree committee member.), Hensarling, P. (degree committee member.), Richardson, L. S. (degree committee member.)
Format: Thesis Book
Language:English
Published: [College Station, Tex.] : Wood, 1977.
Subjects:
Online Access:Link to ProQuest copy.
Link to OAKTrust copy

MARC

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099 |a 1977  |a Dissertation  |a W878 
100 1 |a Wood, Richard Glee. 
245 1 4 |a The development of a model useful in determining the propensity of private colleges toward bankruptcy through the use of financial variables and discriminant analysis /  |c by Richard Glee Wood. 
264 1 |a [College Station, Tex.] :  |b Wood,  |c 1977. 
300 |a ix, 128 leaves ;  |c 28 cm 
336 |a text  |b txt  |2 rdacontent 
337 |a unmediated  |b n  |2 rdamedia 
338 |a volume  |b nc  |2 rdacarrier 
500 |a "Major subject: Educational Administration." 
500 |a Vita. 
502 |c Texas A & M University 
504 |a Includes bibliographical references (leaves 76-78). 
520 3 |a The purpose of this study was to develop a model to aid college administrators and others in the process of determining the propensity of their institutions toward bankruptcy. First, a review of management techniques in use determined that these techniques were helpful in administration and financial planning but not in determining when a financial crisis was leading to propensity toward bankruptcy. Financial data were collected from 102 open institutions with the base year being 1972-1973 and the future year 1973-1974. Financial data were also collected from 29 closed institutions with the base year and future year being the last two fiscal reports that were available. A discriminant analysis was run on the base and future years of the data. Seven variables were found to be correlated and the best indicators of the discriminant analysis function. These seven variables had an F-ratio of 4.2 which is significant at the .01 level. The discriminant function successfully classified 25 bankrupt institutions as bankrupt and 70 nonbankrupt institutions as nonbankrupt. The cut-off z score, which is half-way between the mean discriminant scores of the two groups, separates bankrupt from nonbankrupt institutions is .000295. 
650 0 |a Universities and colleges  |x Finance.  |0 http://id.loc.gov/authorities/subjects/sh85141121 
650 4 |a Major educational administration. 
650 7 |a Universities and colleges  |x Finance.  |2 fast  |0 (OCoLC)fst01161770 
655 7 |a Academic theses.  |2 lcgft  |0 http://id.loc.gov/authorities/genreForms/gf2014026039 
700 1 |a Barker, D.,  |e degree committee member. 
700 1 |a Hawkins, H. L.,  |e degree supervisor. 
700 1 |a Hensarling, P.,  |e degree committee member. 
700 1 |a Richardson, L. S.,  |e degree committee member.  |0 http://id.loc.gov/authorities/names/no2009140101 
710 2 |a Texas A & M University,  |e degree granting institution.  |0 http://id.loc.gov/authorities/names/n80125885 
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