id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
ajfa-4336	Wang, Chi-Chen; Lin, Yueh-Ju; Hsu, Yunsheng	The Initial Going-concern of Delisting Firms: An Application of Proportional Hazard Model	2013	20	.pdf	application/pdf	8185	409	52	We construct a survival period model for financial crisis firms, covering from the time IGCO issued till delisting. Important factors causing the higher rate of delisting risk include shorter listing years, lower rate of retained earnings to total assets, lower rate of market value of equity to total debts, and higher rate of pledged shares of directors’ and supervisors’ within 7.5 quarters after the IGCO issued, the number of delisting firms reaches its peak, consistent with the existence of self-fulfilling prophecy.	cache/ajfa-4336.pdf	txt/ajfa-4336.txt