Since 2014
AN ASSESSMENT OF THE APPLICATION AND THE CORPORATE FAILURE PREDICTIVE VALUE OF ALTMAN’S ZSCORE MODEL IN ZIMBABWE
GSTF Journal on Business Review
View Archive Info| Field | Value | |
| Title |
AN ASSESSMENT OF THE APPLICATION AND THE CORPORATE FAILURE PREDICTIVE VALUE OF ALTMAN’S ZSCORE MODEL IN ZIMBABWE
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| Creator |
Mugozhi, Farirepi
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| Subject |
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bankruptcy; corporate failure; financial institutions; Z-Score; Zimbabwe — |
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| Description |
This research focuses on testing corporate failure predictivevalue of Altman’s Z-score model on Zimbabwe’s financialinstitutions in order to establish whether the model canaccurately predict risk of failure for these financial institutionsand the extent to which the model is being employed by theinstitutions for failure prediction particularly after Zimbabwefaced unique economic conditions. A case study approach withten selected financial institutions was used. The research foundout that the Z-Score model can accurately predict risk of failurewithin two years with higher accuracy one year prior to failureand that financial institutions were not employing the model infailure prediction. The study concluded that the Z-score model isan effective tool for failure management and was thereforerecommended.
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| Publisher |
GSTF Journal on Business Review (GBR)
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| Contributor |
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| Date |
2016-10-31
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article — |
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| Format |
application/pdf
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| Identifier |
http://dl6.globalstf.org/index.php/gbr/article/view/1755
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| Source |
GSTF Journal on Business Review (GBR); Vol 4, No 4 (2016): Journal on Business Review (GBR) Vol.4 No.4
ISSN: 2251-2888 2010-4804 |
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| Language |
eng
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| Relation |
http://dl6.globalstf.org/index.php/gbr/article/view/1755/1789
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| Coverage |
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| Rights |
Copyright (c) 2017 GSTF Journal on Business Review (GBR)
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