{"id":"https://openalex.org/W2168651462","doi":"https://doi.org/10.5901/ajis.2015.v4n2p137","title":"Using Financial Ratios to Predict Financial Distress of Jordanian Industrial Firms ''Empirical Study Using Logistic Regression''","display_name":"Using Financial Ratios to Predict Financial Distress of Jordanian Industrial Firms ''Empirical Study Using Logistic Regression''","publication_year":2015,"publication_date":"2015-07-01","ids":{"openalex":"https://openalex.org/W2168651462","doi":"https://doi.org/10.5901/ajis.2015.v4n2p137","mag":"2168651462"},"language":"en","primary_location":{"id":"doi:10.5901/ajis.2015.v4n2p137","doi":"https://doi.org/10.5901/ajis.2015.v4n2p137","is_oa":true,"landing_page_url":"https://doi.org/10.5901/ajis.2015.v4n2p137","pdf_url":"https://www.mcser.org/journal/index.php/ajis/article/download/7150/6852","source":{"id":"https://openalex.org/S2764744215","display_name":"Academic Journal of Interdisciplinary Studies","issn_l":"2281-3993","issn":["2281-3993","2281-4612"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["anvur-scientific","norway-1","poland-20"],"host_organization":"https://openalex.org/P4327983455","host_organization_name":"Richtmann Publishing","host_organization_lineage":["https://openalex.org/P4327983455"],"host_organization_lineage_names":["Richtmann Publishing"],"type":"journal"},"license":"cc-by-nc","license_id":"https://openalex.org/licenses/cc-by-nc","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Academic Journal of Interdisciplinary Studies","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"https://www.mcser.org/journal/index.php/ajis/article/download/7150/6852","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5018855172","display_name":"Fatima Zohra Kerroucha","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Kerroucha Fatima Zohra","raw_affiliation_strings":["Academic Journal of Interdisciplinary Studies MCSER Publishing , Rome-Italy"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Academic Journal of Interdisciplinary Studies MCSER Publishing , Rome-Italy","institution_ids":[]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5007641146","display_name":"Bensaid Mohamed","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Bensaid Mohamed","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5002087226","display_name":"Turki Elhamoud","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Turki Elhamoud","raw_affiliation_strings":["Academic Journal of Interdisciplinary Studies MCSER Publishing , Rome-Italy"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Academic Journal of Interdisciplinary Studies MCSER Publishing , Rome-Italy","institution_ids":[]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5049011434","display_name":"Mohamed Garaibeh","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I85507684","display_name":"Yarmouk University","ror":"https://ror.org/004mbaj56","country_code":"JO","type":"education","lineage":["https://openalex.org/I85507684"]}],"countries":["JO"],"is_corresponding":false,"raw_author_name":"Mohamed Garaibeh","raw_affiliation_strings":["Yarmouk University-Jordan"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Yarmouk University-Jordan","institution_ids":["https://openalex.org/I85507684"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5056199539","display_name":"Ilhem Attaoui","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I4210125514","display_name":"Universit\u00e9 Djilali de Sidi Bel Abb\u00e8s","ror":"https://ror.org/0378szg41","country_code":"DZ","type":"education","lineage":["https://openalex.org/I4210125514"]}],"countries":["DZ"],"is_corresponding":false,"raw_author_name":"Attaoui Ilhem","raw_affiliation_strings":["Djillali Liabes University -Sidi Bel Abbes- Algeria"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Djillali Liabes University -Sidi Bel Abbes- Algeria","institution_ids":["https://openalex.org/I4210125514"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5082495307","display_name":"Halim Naimi","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I4210163438","display_name":"Universit\u00e9 de ain T\u00e9mouchent","ror":"https://ror.org/05ckyqt97","country_code":"DZ","type":"education","lineage":["https://openalex.org/I4210163438"]}],"countries":["DZ"],"is_corresponding":false,"raw_author_name":"Halim Naimi","raw_affiliation_strings":["center University Ain temouchent-Ain Temouchent -Algeria 3 ,","center University Ain temouchent-Ain Temouchent -Algeria"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"center University Ain temouchent-Ain Temouchent -Algeria 3 ,","institution_ids":["https://openalex.org/I4210163438"]},{"raw_affiliation_string":"center University Ain temouchent-Ain Temouchent -Algeria","institution_ids":["https://openalex.org/I4210163438"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":3,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":3.1726,"has_fulltext":true,"cited_by_count":5,"citation_normalized_percentile":{"value":0.93111924,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":95},"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11653","display_name":"Financial Distress and Bankruptcy Prediction","score":1.0,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11653","display_name":"Financial Distress and Bankruptcy Prediction","score":1.0,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12509","display_name":"Corporate Insolvency and Governance","score":0.0,"subfield":{"id":"https://openalex.org/subfields/3308","display_name":"Law"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/financial-distress-prediction","display_name":"financial distress prediction","score":0.9789999723434448},{"id":"https://openalex.org/keywords/financial-ratios","display_name":"financial ratios","score":0.9629999995231628},{"id":"https://openalex.org/keywords/industrial-enterprises","display_name":"industrial enterprises","score":0.7689999938011169},{"id":"https://openalex.org/keywords/bankruptcy-prediction","display_name":"bankruptcy prediction","score":0.6380000114440918},{"id":"https://openalex.org/keywords/receivables-turnover","display_name":"receivables turnover","score":0.890999972820282},{"id":"https://openalex.org/keywords/jordanian-industry","display_name":"Jordanian industry","score":0.6290000081062317},{"id":"https://openalex.org/keywords/early-warning-model","display_name":"early warning model","score":0.5099999904632568}],"concepts":[{"id":"https://openalex.org/C98014903","wikidata":"https://www.wikidata.org/wiki/Q832161","display_name":"Financial ratio","level":2,"score":0.6879846453666687},{"id":"https://openalex.org/C151956035","wikidata":"https://www.wikidata.org/wiki/Q1132755","display_name":"Logistic regression","level":2,"score":0.6451058983802795},{"id":"https://openalex.org/C199728807","wikidata":"https://www.wikidata.org/wiki/Q2578557","display_name":"Equity (law)","level":2,"score":0.5077587366104126},{"id":"https://openalex.org/C198531522","wikidata":"https://www.wikidata.org/wiki/Q485146","display_name":"Sample (material)","level":2,"score":0.5058981776237488},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4834102392196655},{"id":"https://openalex.org/C202451310","wikidata":"https://www.wikidata.org/wiki/Q328554","display_name":"Accounts receivable","level":2,"score":0.4694124162197113},{"id":"https://openalex.org/C2984760201","wikidata":"https://www.wikidata.org/wiki/Q1785212","display_name":"Financial distress","level":2,"score":0.44528594613075256},{"id":"https://openalex.org/C504631918","wikidata":"https://www.wikidata.org/wiki/Q152074","display_name":"Bankruptcy","level":2,"score":0.4426334500312805},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.42953547835350037},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.3592712879180908},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.22381147742271423},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.14963874220848083},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.08819353580474854},{"id":"https://openalex.org/C43617362","wikidata":"https://www.wikidata.org/wiki/Q170050","display_name":"Chromatography","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.5901/ajis.2015.v4n2p137","doi":"https://doi.org/10.5901/ajis.2015.v4n2p137","is_oa":true,"landing_page_url":"https://doi.org/10.5901/ajis.2015.v4n2p137","pdf_url":"https://www.mcser.org/journal/index.php/ajis/article/download/7150/6852","source":{"id":"https://openalex.org/S2764744215","display_name":"Academic Journal of Interdisciplinary Studies","issn_l":"2281-3993","issn":["2281-3993","2281-4612"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["anvur-scientific","norway-1","poland-20"],"host_organization":"https://openalex.org/P4327983455","host_organization_name":"Richtmann Publishing","host_organization_lineage":["https://openalex.org/P4327983455"],"host_organization_lineage_names":["Richtmann Publishing"],"type":"journal"},"license":"cc-by-nc","license_id":"https://openalex.org/licenses/cc-by-nc","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Academic Journal of Interdisciplinary Studies","raw_type":"journal-article"},{"id":"pmh:oai:CiteSeerX.psu:10.1.1.834.7587","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.834.7587","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://www.mcser.org/journal/index.php/ajis/article/download/7150/6852/","raw_type":"text"},{"id":"pmh:oai:RePEc:bjz:ajisjr:1120","doi":null,"is_oa":false,"landing_page_url":"https://www.richtmann.org/journal/index.php/ajis/article/view/7150","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":{"id":"doi:10.5901/ajis.2015.v4n2p137","doi":"https://doi.org/10.5901/ajis.2015.v4n2p137","is_oa":true,"landing_page_url":"https://doi.org/10.5901/ajis.2015.v4n2p137","pdf_url":"https://www.mcser.org/journal/index.php/ajis/article/download/7150/6852","source":{"id":"https://openalex.org/S2764744215","display_name":"Academic Journal of Interdisciplinary Studies","issn_l":"2281-3993","issn":["2281-3993","2281-4612"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["anvur-scientific","norway-1","poland-20"],"host_organization":"https://openalex.org/P4327983455","host_organization_name":"Richtmann Publishing","host_organization_lineage":["https://openalex.org/P4327983455"],"host_organization_lineage_names":["Richtmann Publishing"],"type":"journal"},"license":"cc-by-nc","license_id":"https://openalex.org/licenses/cc-by-nc","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Academic Journal of Interdisciplinary Studies","raw_type":"journal-article"},"sustainable_development_goals":[{"score":0.48510000109672546,"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2168651462.pdf","grobid_xml":"https://content.openalex.org/works/W2168651462.grobid-xml"},"referenced_works_count":2,"referenced_works":["https://openalex.org/W2054135546","https://openalex.org/W2124532504"],"related_works":["https://openalex.org/W7095146202","https://openalex.org/W2523238014","https://openalex.org/W2957420648","https://openalex.org/W6995722957","https://openalex.org/W2949656357","https://openalex.org/W3122590749","https://openalex.org/W7149909821","https://openalex.org/W3215843613","https://openalex.org/W7112713731","https://openalex.org/W1494033949"],"abstract_inverted_index":{"This":[0],"study":[1,245],"aims":[2],"to":[3,112,151,161,282,323],"find":[4],"consisting":[5],"model":[6,141,262],"of":[7,10,39,58,71,77,92,97,117,168,178,191,228,232,254,259,269,286,296],"a":[8,69],"set":[9],"financial":[11,83,118,144,284,298,313,317,325],"ratios":[12,65,100,119,145,318],"in":[13,25,34,130,171,188,196,210,224,238,280,289],"which":[14,78,146,233],"each":[15],"ratio":[16],"has":[17],"its":[18,23,82,194,304],"own":[19],"weight":[20],"that":[21,47,120],"indicate":[22],"importance":[24],"discriminating":[26,197],"between":[27,123,198],"industrial":[28,40,74,124,169,287],"distressed":[29,32,125,128,179,182],"and":[30,51,126,134,158,180,201,214,274,277],"non":[31,127,181,203,297],"firms":[33,129,170,205],"Jordan.":[35,290],"The":[36,139,244,251],"early":[37],"prediction":[38],"firm's":[41],"distresses":[42],"warned":[43],"the":[44,56,86,95,104,109,114,131,166,172,175,189,199,202,211,221,239,257,260,264,294,306],"concerned":[45],"parties":[46],"they":[48],"can":[49,121],"intervene":[50],"take":[52],"corrective":[53],"actions":[54],"before":[55,137,218,242],"collapses":[57],"firm.":[59],"To":[60],"achieve":[61],"this,":[62],"twenty":[63,72],"seven":[64],"were":[66,101],"calculated":[67],"for":[68,85,94],"sample":[70,173,227],"eight":[73],"firms,":[75,230],"half":[76,231],"had":[79,234],"failed,":[80,235],"from":[81],"statement":[84],"fourth":[87],"year":[88,136,190,241],"following":[89],"three":[90,143],"years":[91,216],"losses":[93],"purpose":[96],"analysis.":[98],"These":[99],"analyzed":[102],"using":[103],"statistical":[105],"method":[106],"known":[107],"as":[108,301,310,312,316],"logistic":[110],"regression":[111],"reach":[113],"best":[115],"form":[116],"distinguish":[122],"first,":[132,212],"second":[133],"third":[135,215],"distress.":[138,219,243],"developed":[140],"contained":[142],"are":[147],"net":[148],"working":[149],"capital":[150],"owner`s":[152,159],"equity,":[153],"account":[154],"receivable":[155],"turnover":[156],"ratio,":[157,164],"equity":[160],"fixed":[162],"assets":[163],"enabling":[165],"re-classification":[167],"within":[174],"two":[176],"groups":[177],"categories":[183],"with":[184,247],"accuracy":[185,195,223],"amounted":[186],"89.3%":[187],"analysis,":[192],"whereas":[193],"failed":[200,204],"was":[206,236],"67.9%,":[207],"78.6%,":[208],"74.1%":[209],"second,":[213],"respectively":[217],"Moreover,":[220],"model`s":[222],"classifying":[225],"another":[226],"ten":[229],"90%":[237],"first":[240],"concluded":[246],"some":[248],"useful":[249],"recommendations.":[250],"most":[252],"important":[253],"them":[255],"is":[256],"utilization":[258],"proposed":[261],"by":[263],"companies":[265,288],"control":[266],"department,":[267],"Ministry":[268],"industry":[270],"&":[271],"Trade,":[272],"current":[273],"prospective":[275],"investors":[276],"company":[278],"management":[279],"order":[281],"predict":[283,324],"failure":[285],"In":[291],"addition,":[292],"recommended":[293],"inclusion":[295],"indicators":[299,314],"such":[300,315],"firm":[302],"size,":[303],"age,":[305],"various":[307],"economic":[308],"variables,\u2026etc,":[309],"well":[311],"when":[319],"building":[320],"mathematical":[321],"models":[322],"failure.":[326],"DOI:":[327],"10.5901/ajis.2015.v4n2p137":[328]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2023,"cited_by_count":2},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":1}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2016-06-24T00:00:00"}