Journal of Advances in Economics and Finance

Balance Scorecard Application to Predict Business Success with Logistic Regression

Download PDF (215.7 KB) PP. 12 - 17 Pub. Date: February 1, 2018

DOI: 10.22606/jaef.2018.31002

Author(s)

Ali Kartal^*
Anadolu University, Faculty of Economics and Administrative Sciences

Abstract

The purpose of this paper is to show the way of balance scorecard application to develop business failure prediction models. For this reason, first, 43 companies were selected as random sampling among small and medium size carpenters and furniture manufacturer companies in Eskisehir, Turkey. Then collected financial and non-financial data were used in logistic regression that provides us a mathematical equation that has flexibility and easier interpret opportunity.

Keywords

Measurements business success; Financial and non-financial indicators; Balance scorecard; and Logistic regression.

References

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