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The purpose of this study is to investigate factors that may influence student performance in the first intermediate accounting class.  Regression analysis is used to examine the significance of four independent variables:  cumulative grade point average prior to enrolling in intermediate accounting, grade in the introductory financial accounting class, grade in the introductory managerial accounting class, and score on a diagnostic assessment used to measure general financial accounting knowledge.  Based on the results, several recommendations are offered to improve student performance.

Article information:To cite this document: Musa DaraysehElaine WaplesDimitrios Tsoukalas, (2003),"Corporate failure for manufacturing industries using firms specifics and economic environment with logit analysis", Managerial Finance, Vol. 29 Iss 8 pp. 23 -36 Permanent link to this document: http://dx.If you would like to write for this, or any other Emerald publication, then please use our Emerald for Authors service information about how to choose which publication to write for and submission guidelines are available for all. Please visit www.emeraldinsight.com/authors for more information. About Emerald www.emeraldinsight.comEmerald is a global publisher linking research and practice to the benefit of society. The company manages a portfolio of more than 290 journals and over 2,350 books and book series volumes, as well as providing an extensive range of online products and additional customer resources and services.Emerald is both COUNTER 4 and TRANSFER compliant. The organization is a partner of the Committee on Publication Ethics (COPE) and also works with Portico and the LOCKSS initiative for digital archive preservation. AbstractThe purpose of this paper was to determine whether a model utilizing a number of economic variables in combination with financial ratios results in a model superior to the traditional models including the financial ratios alone. A sample of 110 manufacturing companies which had become bankrupt between1990 and 1997 were identified from the F & S Index and matched to 110 non-failed companies on the basis total assets, financial statement date and four digit industry code. The proposed model predicted correctly 87.82 and 87.50 percent of the estimation and holdout samples, respectively. The significance of the coefficients in each year's model was evaluated by using the t-statistic corresponding to each coefficient's value. The overall models are significant at µ-level of 0.05.

This paper builds on agency theory and contract incompleteness theory to explore the ethical relation between owners and contractors in the construction process. Using factor and multivariate analysis, it transpires that cost, quality, time/past performance, and information available about the project are important factors that should be taken into account in any future contract between the owner (the principle) and the contractor (the agent). The results provide important empirical and theoretical implications in identifying the contractual elements of incomplete contracts, which, if considered, are expected to reduce the agency theory problem, while at the same time enhancing the ethical relationship between owners and contractors.

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