Essays about: "Altman´s Z-Score"

Showing result 1 - 5 of 13 essays containing the words Altman´s Z-Score.

1. 1. Are ESG-ratings related to financial strength? : A panel data analysis of Swedish publicly traded firms

   University essay from Umeå universitet/Företagsekonomi

   Author : Vendela Sandström; William Jörding; [2023]
   Keywords : ESG; financial strength; Piotroski F-score; Altman´s Z-Score;

   Abstract : In a world facing environmental destruction and social injustices, corporations are called upon to act more sustainably. There has been an upswing in demand for green investments in the last decades, a trend further facilitated by the covid-19 pandemic. READ MORE

3. 2. Effectiveness of the Altman Z-Score model : Does the Altman Z-Score model accurately capture the effects of Non-Performing Assets (NPA) in the Indian banking sector?

   University essay from Linnéuniversitetet/Institutionen för ekonomistyrning och logistik (ELO)

   Author : ASHA HARSHAVARDHAN KITTUR; [2019]
   Keywords : ALTMAN Z SCORE INDIA BANKS BANKRUPTCY INSOLVENCY SAFE DANGER GREY;

   Abstract : The aim of this study is to measure the effectiveness of Altman’s Z-Score model using Non-performing assets (NPA) as a benchmark stability indicator. To do that, this paper examines if Altman’s Z Score Models capture the decline in financial health of the banks caused by the NPAs, using a two-fold analysis i.e. READ MORE

4. 3. An analysis of the usage of preferred stock in Sweden

   University essay from

   Author : John Rolfsson; Erik Åkerlind; [2018-06-29]
   Keywords : Preferred stock; Financial distress; Agency cost;

   Abstract : This paper aims to explain why the few issuers of preferred stock in Sweden have chosen to issue this historically unpopular instrument. We examine characteristics of the issuers of preferred stock related to two possible explanations, the financial distress hypothesis and the agency costs hypothesis, relative to non-issuers. READ MORE

5. 4. Z-Altman's model effectiveness in bank failure prediction-The case of European banks

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Charalampos-Orestis Manousaridis; [2017]
   Keywords : European banks; financial health; prediction models; multivariate discriminant analysis; Z-score model; Altman; Business and Economics;

   Abstract : The corporate bankruptcy is a significant problem for economy since it is considered as a limiting factor for economic growth. The financial crisis that broke out in USA on 2007 as a result of miscalculated subprime mortgage strategies turn into a full international banking crisis affecting successively the European banks, especially those of South European countries. READ MORE

6. 5. Altman versus Merton - Are corporate credit rating changes new information?

   University essay from Lunds universitet/Företagsekonomiska institutionen

   Author : Anton Andersson; Joakim Brunnhage; [2016]
   Keywords : Credit ratings; Credit rating changes; Merton model; Altman Z-score; Business and Economics;

   Abstract : With the relative performance between accounting-based and option-based approaches for default prediction being a key subject in previous research, combined with criticism against the rating agencies’ timeliness in assigning credit ratings, surprisingly few attempts have been made to investigate the models’ usefulness in predicting corporate credit ratings. This thesis is the first to investigate the Merton and Altman’s Z-score models’ relative performance in predicting future credit rating changes. READ MORE