Corporate failure prediction on firm performance of public listed companies

The purpose of this research is to extent the bankruptcy prediction model to predict financial distress among 45 public listed companies in East Malaysia from period 2008 to 2012 by obtain data through secondary data. Applicability of Altman Z-Score Models was used to identify classification on t...

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Main Author: Liu, Boon Hui
Format: Thesis
Language:English
Published: 2014
Subjects:
Online Access:http://ir.unimas.my/id/eprint/9092/3/Corporate%20Failure%20Prediction%20on%20Firm%20Performance%20of%20Public%20Listed%20Companies.pdf
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spelling my-unimas-ir.90922023-03-01T03:06:33Z Corporate failure prediction on firm performance of public listed companies 2014 Liu, Boon Hui H Social Sciences (General) The purpose of this research is to extent the bankruptcy prediction model to predict financial distress among 45 public listed companies in East Malaysia from period 2008 to 2012 by obtain data through secondary data. Applicability of Altman Z-Score Models was used to identify classification on three main zone which are safe, grey or distress zone. The findings indicated 20 out of 45 companies or 44.44% of listed companies were classified as distress zone, 17 or 37.78% of the companies were known as grey zone while 8 or 17.78% companies was classified as safe zone. On the other hand, the findings show most of the companies was face financial distress when global financial crisis on 2008, result shows companies take few years to recover from financial distress. Oil equipment and services sector was classified as safe zone while construction and materials, industrial metals and mining and real estate investment and services sector were classified as distress zone. Universiti Malaysia Sarawak, (UNIMAS) 2014 Thesis http://ir.unimas.my/id/eprint/9092/ http://ir.unimas.my/id/eprint/9092/3/Corporate%20Failure%20Prediction%20on%20Firm%20Performance%20of%20Public%20Listed%20Companies.pdf text en validuser masters Universiti Malaysia Sarawak, (UNIMAS) Faculty of Economics and Business
institution Universiti Malaysia Sarawak
collection UNIMAS Institutional Repository
language English
topic H Social Sciences (General)
spellingShingle H Social Sciences (General)
Liu, Boon Hui
Corporate failure prediction on firm performance of public listed companies
description The purpose of this research is to extent the bankruptcy prediction model to predict financial distress among 45 public listed companies in East Malaysia from period 2008 to 2012 by obtain data through secondary data. Applicability of Altman Z-Score Models was used to identify classification on three main zone which are safe, grey or distress zone. The findings indicated 20 out of 45 companies or 44.44% of listed companies were classified as distress zone, 17 or 37.78% of the companies were known as grey zone while 8 or 17.78% companies was classified as safe zone. On the other hand, the findings show most of the companies was face financial distress when global financial crisis on 2008, result shows companies take few years to recover from financial distress. Oil equipment and services sector was classified as safe zone while construction and materials, industrial metals and mining and real estate investment and services sector were classified as distress zone.
format Thesis
qualification_level Master's degree
author Liu, Boon Hui
author_facet Liu, Boon Hui
author_sort Liu, Boon Hui
title Corporate failure prediction on firm performance of public listed companies
title_short Corporate failure prediction on firm performance of public listed companies
title_full Corporate failure prediction on firm performance of public listed companies
title_fullStr Corporate failure prediction on firm performance of public listed companies
title_full_unstemmed Corporate failure prediction on firm performance of public listed companies
title_sort corporate failure prediction on firm performance of public listed companies
granting_institution Universiti Malaysia Sarawak, (UNIMAS)
granting_department Faculty of Economics and Business
publishDate 2014
url http://ir.unimas.my/id/eprint/9092/3/Corporate%20Failure%20Prediction%20on%20Firm%20Performance%20of%20Public%20Listed%20Companies.pdf
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