| 요약2 |
The construction industry has job-order production structure that realize profit receiving owner's order and heavily dependent on owner's order. This reacts sensitively dropping consumer confidence, economic slump, changes in government policies and domestic/international situation. consequently, this fact have directly or indirectly influence on profitability of construction company. These situations are exposed that financial statements indicative of corporate's status. The construction corporate go through the progression of financial indexes deterioration, insolvency, suspension of current account transaction and than bankruptcy by lowering of profitability and lack of liquidity. Bankruptcy of Construction corporate bring on the chain bankruptcy of subcontractors and related company. and than mass dissimal occurred on industry. in the end, bring about the socially big problem. Thus, this paper described that feature of existing references about bankruptcy prediction in construction company, and developed a bankruptcy prediction model using on multivariate discriminant analysis method. and also, we described testing prediction power of the developed model and extracted variations affecting the bankruptcy on construction company. finally, Based on this result, we will expect that construction company against a bankruptcy danger and financial health improvement with recognized the bankruptcy symptom of financial ratio. |