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Table 9 Descriptive Statistics for Ohlson Model

From: Re-estimation and comparisons of alternative accounting based bankruptcy prediction models for Indian companies

Sample

Statistic

SIZE

TLTA

WCTA

CLCA

OENEG

NITA

FUTL

INTWO

CHIN

Estimation

         

 Distressed (N = 65)

Mean

0.615

1.681

0.215

0.821

0.938

−0.289

−0.091

0.615

−0.117

 

SD

1.289

0.982

0.538

0.693

0.242

0.321

0.116

0.490

0.627

 Non-Distressed (N = 65)

Mean

0.638

1.150

0.553

0.560

0.338

0.044

0.129

0.077

0.057

 

SD

1.121

0.873

0.788

0.427

0.477

0.094

0.371

0.269

0.503

Holdout

          

 Distressed (N = 39)

Mean

−0.587

3.145

0.634

1.116

0.949

−0.843

−0.153

0.590

−0.236

 

SD

1.219

3.282

1.917

1.197

0.223

1.863

0.209

0.498

0.682

 Non-Distressed (N = 39)

Mean

−0.501

1.113

1.089

0.796

0.385

0.110

0.183

0.128

0.048

 

SD

1.343

1.200

1.406

2.685

0.493

0.169

0.516

0.339

0.476

  1. Source: Author’s estimation