News
'Better research could have helped advisers avoid collapses'
Friday 24th of October 2014
University of Otago Professor in accounting David Lott, Dr Tom Scott from the University of Auckland and Otago honours student Ella Douglas have completed a study which shows annual reports and other public disclosures contained enough information to predict more than 80% of New Zealand’s finance company failures.
They looked at 31 finance companies that failed between 2006 and 200...
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