What question did this study set out to answer?

The paper aims to explore models that handle qualitative and limited-dependent variables in accounting research.

A Perspective on the Use of Limited-Dependent and Qualitative Variables Models in Accounting Research.

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This review analyzes various models for qualitative and limited-dependent variables in accounting, highlighting their applications.

The paper aims to explore models that handle qualitative and limited-dependent variables in accounting research.
Reviewed different methodologies such as logit, probit, and Tobit models.
Discussed discriminant analysis and truncated regression.
Examined models addressing sample selection bias and self-selectivity.
Assessed the impact of mandated accounting changes.
Identified key methodologies suitable for analyzing qualitative data.
Highlighted the effectiveness of these models in predicting outcomes in accounting research.

G.S. Maddala (1991) studied this question.

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