Table A1

Results of LDA for training data

Misclassification errorsPrediction accuracy
Distressed firmsNon-distressed firms
Overall sample9.8610.0780.07
Italy6.689.4683.86
France12.7311.2776.00
Spain6.6716.1977.14

Note(s): All values are presented in percentages

Source(s): Table created by author

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