Research Article
Could Textual Features Offer Incremental Information to Financial Distress Prediction? Evidence from the Listed Firm in China
Table 3
Multicollinearity statistical results.
| Variables | Collinearity statistics | Tolerance | VIF |
| Logistic regression with only financial indicators | X1 | 0.218 | 4.573 | X2 | 0.757 | 1.322 | X3 | 0.215 | 4.641 | X4 | 0.930 | 1.074 | X5 | 0.838 | 1.192 |
| Logistic regression with both financial indicators and text features | Tst | 0.163 | 6.153 | Tre | 0.674 | 2.196 | Tde | 0.490 | 2.040 | Tsa | 0.130 | 7.705 | X1 | 0.216 | 4.631 | X2 | 0.754 | 1.327 | X3 | 0.213 | 4.685 | X4 | 0.915 | 1.093 | X5 | 0.836 | 1.196 |
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