【英语翻译Withrespecttoallpreviouslydescribedresearches,itcanbeconcludedthatallcompany'sperformancepredictionmodels"representfinerandfinerrefinementswithinastandardmethodology"(NeophytouandMarMolinero,2004:681).According】

　　英语翻译

　　Withrespecttoallpreviouslydescribedresearches,itcanbeconcludedthatallcompany'sperformancepredictionmodels"representfinerandfinerrefinementswithinastandardmethodology"(NeophytouandMarMolinero,2004:681).Accordingtothemethodologyapplied,allthemodelscanbeclassifiedintothreemaingroups(AdnanAzizandDar,2006:19):

　　1.Statisticalmodels-differentstatisticaltechniquesareapplied,likeunivariateandmultivariateanalysesofwhichthelatterdominatesandusesmultiplediscriminant,linearprobability,logit,andprobitmodels.Thesemodelsaremainlybasedonquantitativedatafromfinancialstatementsandarefocusedonwarningsoffinancialdifficulties.Furthermore,thesemodelscanbegroupedaccordingtotheelementsoffinancialstatementstheyareusedinratiocalculations,andthetypeofinformationtheyprovide:

　　Aclassical(traditional)modelsofcompany'sperformanceprediction-thesemodelsareconstructedusingmainlyaccountingdatafromthebalancesheetandincomestatement(accrualratios)

　　B.cashflowmodelsofcompany'sperformanceprediction-thesemodelscontaininformationaboutcashflows,eithercurrentorestimated(expected),inconjunctionwithaccountingdatafromthebalancesheetandtheincomestatement.