Early warning systems in the estimating financial failure business and a model suggestion for Turkey

Businesses which are known as a immortal can financial failureoccasionally because of increasing competitition and various reasons. Unsuccessfulbusinesses go bankrupt and have to go into liquidation. These kinds of bussinessesare be a burden to economy and they harm to their credıt institutions and their smallinvestors.Companies? profitabilit trends attract not only the attention of theshareholders, but olsa the attention of all the investors, creditors and auditing firms.The aim of this research is to set up a model which will predict the return on equityvalues of the companies in food sector one year before. While preparing this stuy,which can be evaluated as an early warning indicators analysis for different sector, awide range of literature search is done and similar studies are ewamined.