Financial Distress Prediction through Altman Z-Score Model: A Case Study of State Owned Commercial Banks of Bangladesh
Rattachement africain : bd. Niveau de preuve : code pays fourni par la source.
Le résumé fourni par la source
Purpose: Banks are the backbone of the economy. The bank collects money temporarily from the public and lends to other people as per need. Banks should concern about the soundness of their financial health. The purpose of this study is to predict the financial health of the State Owned Commercial Banks (SOCBs) of Bangladesh using Altman Z-score Model. Methodology: The Z-score uses working capital to total assets, retained earnings to total assets, earnings before interest and tax to total assets, shareholders equity to total liabilities to measure the financial health of the banks. The study is analytical in nature and is carried out based on only secondary data. The published Annual Reports of the six SOCBs for the period of 2010-2018 collected for secondary data and financially analyzed through Altman Z-score Model for prediction of financial distress. Findings: The study found that with only one exception, the financial health of the SOCBs is unsatisfactory. One exception is only Bangladesh Development Bank which fell into grey zone among the six SOCBs as it secured on an average 1.52 score. However, the remaining others are found in Distress zone as they secured on an average < 1.10 score. Hence, it is said that the financial health of the Basic Bank Limited is the worst and BDBL is the best among the six banks. Implications: The implication of the study is that respective authority of the SOCBs of Bangladesh can use the findings of the study to take necessary actions for financial distress.
Ce résumé expose les affirmations des auteurs. BNTIC ne l’interprète pas comme une validation indépendante des résultats.
Le contrôle bibliographique ouvert
DOI retrouvé dans Crossref DOI retrouvé ; titre concordant.
- Titre Crossref
- Financial Distress Prediction through Altman Z-Score Model: A Case Study of State Owned Commercial Banks of Bangladesh
- Date Crossref
- 30/09/2020
- Éditeur
- ERM Publications
- Type
- journal-article
Ce recoupement confirme des métadonnées liées au DOI. Il ne confirme ni la méthode ni les conclusions de l’étude, et il ne compte pas comme une seconde source scientifique indépendante.
Où se fait cette recherche
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Bangladesh Bank pays non établi dans la noticeOrganisme public
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People's University of Bangladesh pays non établi dans la noticeUniversité ou école supérieure
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aDepartment of Foreign Remittance pays non établi dans la noticeInstitution
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AB Bank Limited pays non établi dans la noticeInstitution
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Department of Treasury pays non établi dans la noticeInstitution
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Cabinet Division pays non établi dans la noticeInstitution
Bangladesh Bank, People's University of Bangladesh et aDepartment of Foreign Remittance, avec 3 autres affiliations.
Une affiliation ne permet pas de déduire la nationalité d’un auteur.