الفهرس 
CHAPTER 1: RESEARCH FRAMEWORKOnly 14 pages are availabe for public view
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Abstract
The primary objective of this study is to develop an integrated model for corporate bankruptcy prediction based on financial and non-financial disclosures of Egyptian firms. To attain this objective, several predictive models are constructed and compared using different types of explanatory variables: (1) market-based variables, (2) corporate governance mechanisms, (3) auditor going concern opinion, (4) auditor characteristics, and (5) standard financial ratios.Using logit models, results reveal that specific market-based variables, corporate governance mechanisms, and auditor characteristics have significant incremental information content over and above what can be discerned from financial ratios. The predictive content of selected non-financial disclosure variables on a standalone basis is statistically significant and close to that conveyed by financial variables alone. Additionally, the developed integrated model for bankruptcy prediction based on financial and non-financial disclosure variables performs better than a model based on financial ratios only and also better than prior bankruptcy prediction benchmark models; specifically, Beaver (1966), Altman (1968), Ohlson (1980), Zmijewski (1984), and Shumway (2001) models.