Essays about: "Altman Z-score model"

Showing result 1 - 5 of 14 essays containing the words Altman Z-score model.

1. 1. Application of the Merton Model and the Altman Z-score Model in Credit Risk Assessment - an Empirical Study on Chinese Listed Companies

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Runzhou Chen; Hongzhe Fu; [2023]
   Keywords : Credit risk assessment; the Merton Model; The Altman Z-score model; Chinese market; Business and Economics;

   Abstract : Corporate default poses significant risks to investors and stakeholders, highlighting the importance of predicting and managing financial risk effectively. When the geographical scope is narrowed down to China, the unique characteristics of the Chinese market, such as the lack of comprehensive credit risk databases and the influence of state-owned enterprises and small-medium enterprises, present challenges in accurately assessing creditworthiness. READ MORE

3. 2. Predicting corporate financial distress- A deep neural network approach

   University essay from Göteborgs universitet/Graduate School

   Author : Adam Eklund; Petter Lundgren; [2022-06-29]
   Keywords : ;

   Abstract : Background. Predicting bankruptcy is of great importance for creditors, investors and other stakeholders. Early warning signs of financial distress allow stakeholders to take action to minimize the negative consequences of a bankruptcy. READ MORE

4. 3. 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

5. 4. Financial Distress and Governance Structure

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Joran Poortstra; Dawid Marton; [2019]
   Keywords : financial distress; corporate governance; Altman Z-score; Ohlson O-score; Zmijewski score; Business and Economics;

   Abstract : Topics of financial distress and corporate governance structure have attracted many researchers before. However, no one combined the three distress models of Altman (1968), Ohlson (1980) and Zmijewski (1984) with corporate governance variables. READ MORE

6. 5. IN SEARCH OF A PARSIMONIOUS BANKRUPTCY MODEL FOR PRIVATE FIRMS AND THE COST TO LENDERS

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : John-Edward Olingsberg; Oscar Küntzel; [2019]
   Keywords : Private Default Prediction; Hazard Model; Basel III; Misclassification Costs; Parsimonious;

   Abstract : This paper comprehensively reviews in excess of 200 financial and non-financial covariates in search of a parsimonious bankruptcy prediction model for the private market. Financial and real-estate companies aside, the entire population of Swedish independent, limited liability companies are examined between 1998-2017 corresponding to 245,844 unique companies and 55,411 corporate default events. READ MORE