Research Article

Could Textual Features Offer Incremental Information to Financial Distress Prediction? Evidence from the Listed Firm in China

Table 3

Multicollinearity statistical results.

VariablesCollinearity statistics
ToleranceVIF

Logistic regression with only financial indicatorsX10.2184.573
X20.7571.322
X30.2154.641
X40.9301.074
X50.8381.192

Logistic regression with both financial indicators and text featuresTst0.1636.153
Tre0.6742.196
Tde0.4902.040
Tsa0.1307.705
X10.2164.631
X20.7541.327
X30.2134.685
X40.9151.093
X50.8361.196