Financial performance under influence of credit risk in non-financial firms: evidence from Pakistan

M Mushafiq, MI Sindhu, MK Sohail - Journal of Economic and …, 2023 - emerald.com
Purpose The main purpose of this study is to examine the relationship between credit risk
and financial performance in non-financial firms. Design/methodology/approach In order to …

Creating quality portfolios using score-based models: a systematic review

R Khatwani, M Mishra, VV Kumar, J Mistry… - Humanities and Social …, 2024 - nature.com
This paper aims to find out if a score-based investment strategy could be developed using
different scales. To achieve this objective several academic sources have been used and it …

[PDF][PDF] An application of Altman Z-score model to analyze the bankruptcy risk: Cases of multidisciplinary enterprises in Vietnam

DT Tung, VTH Phung - Investment Management & …, 2019 - businessperspectives.org
This study applied Altman Z-score model to assess the bankruptcy risk of a set of
multidisciplinary enterprises of various types, mainly small and medium enterprises, with …

[PDF][PDF] Comparative analysis of financial distress before and during the Covid-19 pandemic: Empirical evidence In Indonesia

I Rahmah, I Novianty - International Journal of Business, Economics and …, 2021 - ijbel.com
The COVID-19 pandemic has had a negative impact on the global economy, including
Indonesia. Hotel, restaurant, and tourism companies are some of the sectors most affected …

[PDF][PDF] Bankruptcy prediction models and stock prices of the coal mining industry in Indonesia

G Syamni, MSA Majid, WV Siregar - Etikonomi, 2018 - insolvencylawacademy.com
Various bankruptcy prediction models have been used to measure the movement of stock
prices, and thus the firms' performance. This study is aimed at empirically exploring the …

Unraveling the bankruptcy risk‒return paradox across the corporate life cycle

M Akbar, A Akbar, P Maresova, M Yang, HM Arshad - Sustainability, 2020 - mdpi.com
Bankruptcy risk is a fundamental factor affecting the financial sustainability and smooth
functioning of an enterprise. The corporate bankruptcy risk‒return association is well …

Testiranje primjenjivosti Altmanovog Z-score modela za predviđanje stečaja u Republici Hrvatskoj

S Bogdan, S Bareša, V Hađina - Notitia-časopis za ekonomske …, 2019 - hrcak.srce.hr
Sažetak Altmanov Z-score jedan je od najpoznatijih modela za predviđanje poslovnih
poteškoća odnosno stečaja. Cilj ovog rada je testirati Altmanov Z-score model i utvrditi u …

Financial distress analysis of top 100 Malaysian public listed companies during COVID-19 pandemic using Altman Z-score analysis

M Hashim, K Muhammad, EK Ghani… - International Journal of …, 2024 - econjournals.org.tr
The outbreaks of the COVID-19 pandemic at the beginning of 2020 have led to considerable
economic pressure worldwide, including in Malaysia. The Malaysian government has issued …

Bankruptcy prediction models' generalizability: Evidence from emerging market economies

IO Oz, C Simga-Mugan - Advances in accounting, 2018 - Elsevier
Even as modern researchers and practitioners recognize the critical need for more accurate
bankruptcy and distress prediction models, a lack of consensus remains regarding how …

Sentiments–risk relationship across the corporate life cycle: evidence from an emerging market

M Akbar, A Akbar, MA Qureshi, P Poulova - Economies, 2021 - mdpi.com
The influence of market sentiments on the bankruptcy risk propensity of firms has been
extensively explored in the literature. However, less attention has been paid to whether the …