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Applicability of altman's z-score model in predicting financial distress towards PN17 companies in Malaysia / Fairus Farizah Razali

PN 17 is known as Practice Note 1. It is for listed company that having a financial distress and issued by Malaysian Stock Exchange. The company will had a financial distress when the business failed to meet the requirement of the minimum capital and equity. Which is the company had less than 25% fr...

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Main Author: Razali, Fairus Farizah
Format: Student Project
Language:English
Published: Faculty of Business Management 2017
Subjects:
Financial leverage
Online Access:http://ir.uitm.edu.my/id/eprint/24342/1/PPb_FAIRUS%20FARIZAH%20RAZALI%20J%20BM17_5.pdf
http://ir.uitm.edu.my/id/eprint/24342/
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spelling my.uitm.ir.243422019-05-29T08:39:55Z http://ir.uitm.edu.my/id/eprint/24342/ Applicability of altman's z-score model in predicting financial distress towards PN17 companies in Malaysia / Fairus Farizah Razali Razali, Fairus Farizah Financial leverage PN 17 is known as Practice Note 1. It is for listed company that having a financial distress and issued by Malaysian Stock Exchange. The company will had a financial distress when the business failed to meet the requirement of the minimum capital and equity. Which is the company had less than 25% from the paid up capital. By using financial ratio analysis method can detect the failure that happen to this companies. In 2016 under PN17 list there are 17 companies that listed on Malaysian Stock Exchange classified. According with their existing standard the company will entered into PN17. However there are investors doesn’t even know about the status form these listed company. So, a real and attention for these companies has not been given also scientific researchers and analytical studies are still lacking for companies that listed in PN17. The aims for this research is to measure the financial performance by using financial profitability ratios (Working Capital to Total Assets, Return on Total Assets, Retained Earnings to Total Assets, Market Value of Equity to Total Liabilities and Asset turnover) in determining the financial disaster of companies. The available data collected from the DataStream covering the period from 2011 to 2013 were used in the analysis. Furthermore, by using Altman’s Z-Score can be used to testing the performance of the company whether become failure or non failure company. Faculty of Business Management 2017 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/24342/1/PPb_FAIRUS%20FARIZAH%20RAZALI%20J%20BM17_5.pdf Razali, Fairus Farizah (2017) Applicability of altman's z-score model in predicting financial distress towards PN17 companies in Malaysia / Fairus Farizah Razali. [Student Project] (Unpublished)
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Financial leverage
spellingShingle Financial leverage
Razali, Fairus Farizah
Applicability of altman's z-score model in predicting financial distress towards PN17 companies in Malaysia / Fairus Farizah Razali
description PN 17 is known as Practice Note 1. It is for listed company that having a financial distress and issued by Malaysian Stock Exchange. The company will had a financial distress when the business failed to meet the requirement of the minimum capital and equity. Which is the company had less than 25% from the paid up capital. By using financial ratio analysis method can detect the failure that happen to this companies. In 2016 under PN17 list there are 17 companies that listed on Malaysian Stock Exchange classified. According with their existing standard the company will entered into PN17. However there are investors doesn’t even know about the status form these listed company. So, a real and attention for these companies has not been given also scientific researchers and analytical studies are still lacking for companies that listed in PN17. The aims for this research is to measure the financial performance by using financial profitability ratios (Working Capital to Total Assets, Return on Total Assets, Retained Earnings to Total Assets, Market Value of Equity to Total Liabilities and Asset turnover) in determining the financial disaster of companies. The available data collected from the DataStream covering the period from 2011 to 2013 were used in the analysis. Furthermore, by using Altman’s Z-Score can be used to testing the performance of the company whether become failure or non failure company.
format Student Project
author Razali, Fairus Farizah
author_facet Razali, Fairus Farizah
author_sort Razali, Fairus Farizah
title Applicability of altman's z-score model in predicting financial distress towards PN17 companies in Malaysia / Fairus Farizah Razali
title_short Applicability of altman's z-score model in predicting financial distress towards PN17 companies in Malaysia / Fairus Farizah Razali
title_full Applicability of altman's z-score model in predicting financial distress towards PN17 companies in Malaysia / Fairus Farizah Razali
title_fullStr Applicability of altman's z-score model in predicting financial distress towards PN17 companies in Malaysia / Fairus Farizah Razali
title_full_unstemmed Applicability of altman's z-score model in predicting financial distress towards PN17 companies in Malaysia / Fairus Farizah Razali
title_sort applicability of altman's z-score model in predicting financial distress towards pn17 companies in malaysia / fairus farizah razali
publisher Faculty of Business Management
publishDate 2017
url http://ir.uitm.edu.my/id/eprint/24342/1/PPb_FAIRUS%20FARIZAH%20RAZALI%20J%20BM17_5.pdf
http://ir.uitm.edu.my/id/eprint/24342/
_version_ 1685649845758459904
score 13.211869

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