The Application of Multiple Discriminant Analysis in the Prediction of Company Failure — An Example of an Undesirable Consequence of the Information Technology Revolution

Abstract

Presumably all revolutions have some good and some bad effects. It is with the latter and the computer revolution that we are concerned with here (Information Technology is merely the latest stage). The trouble with revolutions is that they occur quickly — in our case the speed of the development of ideas (of application) has not kept up with increasing technical facilities. The morals are mainly educational and concern the philosophy and methodology of science.

Citation

Barnes, P. (1984), "The Application of Multiple Discriminant Analysis in the Prediction of Company Failure — An Example of an Undesirable Consequence of the Information Technology Revolution", Managerial Finance, Vol. 10 No. 1, pp. 11-14. https://doi.org/10.1108/eb013532