How to cite this paper
Krishnamoorthy, K & Vijayapriya, R. (2023). Evaluation of financial soundness of Indian auto Ancillary industries using Altman Z-rate model.Accounting, 9(2), 67-72.
Refrences
Alareeni B, B. J. (2012). redicting listed companies’ failure in Jordan using Altman Models: A case study. International Journal of Business and Management, 8, 113–126.
Altman, E.I., & Sabato, M. G. (2010). Predicting Financial Distress of Companies: Revisiting the Z-Score and ZETA Models. Journal of Applied Corporate Finance, 22(3), 3–20.
Baciu, R., Petre, B., & Simon, A. (2020). Insolvency Risk. Application of Altman Z-Score to the Auto Parts Sector in Romania. International Journal of Innovation and Economic Development, 6(1), 7–18. https://doi.org/10.18775/ijied.1849-7551-7020.2015.61.2001
Brealey, R.A., & Myers, S. (1985). The Z-Score Theory of Bankruptcy: A Review of the Empirical Evidence. Journal of Banking and Finance, 9, 5–15.
Calandro, J. (2007). Considering the utility of Altman's Z‐score as a strategic assessment and performance management tool. Strategy & Leadership, 35(5), 37-43.
Chadha, P. (2016). Exploring the Financial Performance of the Listed Companies in Kuwait Stock Exchange Using Altman’s Z-Score Model. International Journal of Economics & Management Sciences, 05(03). https://doi.org/10.4172/2162-6359.1000341
Charitou, A., & Trigeorgis, L. (2002). Option-Based Bankruptcy Prediction.
Chouhan, V., Chandra, B., & Goswami, S. (2014). Predicting Financial Stability of Select BSE Companies Revisiting Altman Z Score. International Letters of Social and Humanistic Sciences, 26, 92–105. https://doi.org/10.18052/www.scipress.com/ilshs.26.92
Elliott, R.J., Siu, T.K., & Eric, S. F. (2014). A Double HMM approach to Altman Z-scores and credit ratings. Expert Systems with Applications, 41, 1553–1560.
Hayes, S. K., Hodge, K. A., & Hughes, L. W. (2010). A study of the efficacy of Altman’s Z to predict bankruptcy of specialty retail firms doing business in contemporary times. Economics & Business Journal: Inquiries & Perspectives, 3(1), 130–134.
Hillegeist, S. A., Keating, E. K., Cram, D. P., & Lundstedt, K. G. (2004). Assessing the probability of bankruptcy. Review of Accounting Studies, 9(1), 5–34.
Imelda, E., & Alodia, I. (2017). The Analysis of Altman Model and Ohlson Model in Predicting Financial Distress of Manufacturing Companies in the Indonesia Stock Exchange. Indian-Pacific. Journal of Accounting and Finance, 1(1), 51–63.
Jaffari, A. A., & Ghafoor, Z. (2017). Predicting Corporate Bankruptcy in Pakistan: A Comparative Study of Multiple Discriminant Analysis (MDA) and Logistic Regression. Research Journal of Finance and Accounting, 8(3), 81–100.
Kulalı, İ. (2016). Altman Z-Score Bankruptcy Prediction Model Application To BIST Firms. Int. Journal of Management Economics and Business, 12(27), 283–291.
Kumar R, K. K. (2012). A comparison of bankruptcy models. International Journal of Marketing, Financial Services & Management Research, 1, 76–86.
Nadirli, N. (2015). Role of the Z-score method for the measurement of credit risk. Journal of Banking and Financial Research, 1(1), 1–6.
Özyeşil, M. (2020). A Relationship between Altman’s Z Scores and Stock Price Performance: A Review on Listed Companies in Bist-30 Index. International Journal of Economics and Management Studies, 7(2), 179–186. https://doi.org/10.14445/23939125/ijems-v7i2p125
Sulphey, M. M. (2013). THE ANALYTICAL IMPLICATION OF ALTMAN’S Z SCORE ANALYSIS OF BSE LISTED SMALL CAP COMPANIES (Vol. 2, Issue 4). https://www.researchgate.net/publication/299175808
Swalih, M. M., Adarsh, K. B., & Sulphey, M. M. (2021). A study on the financial soundness of indian automobile industries using altman z-score. Accounting, 7(2), 295–298. https://doi.org/10.5267/j.ac.2020.12.001
Altman, E.I., & Sabato, M. G. (2010). Predicting Financial Distress of Companies: Revisiting the Z-Score and ZETA Models. Journal of Applied Corporate Finance, 22(3), 3–20.
Baciu, R., Petre, B., & Simon, A. (2020). Insolvency Risk. Application of Altman Z-Score to the Auto Parts Sector in Romania. International Journal of Innovation and Economic Development, 6(1), 7–18. https://doi.org/10.18775/ijied.1849-7551-7020.2015.61.2001
Brealey, R.A., & Myers, S. (1985). The Z-Score Theory of Bankruptcy: A Review of the Empirical Evidence. Journal of Banking and Finance, 9, 5–15.
Calandro, J. (2007). Considering the utility of Altman's Z‐score as a strategic assessment and performance management tool. Strategy & Leadership, 35(5), 37-43.
Chadha, P. (2016). Exploring the Financial Performance of the Listed Companies in Kuwait Stock Exchange Using Altman’s Z-Score Model. International Journal of Economics & Management Sciences, 05(03). https://doi.org/10.4172/2162-6359.1000341
Charitou, A., & Trigeorgis, L. (2002). Option-Based Bankruptcy Prediction.
Chouhan, V., Chandra, B., & Goswami, S. (2014). Predicting Financial Stability of Select BSE Companies Revisiting Altman Z Score. International Letters of Social and Humanistic Sciences, 26, 92–105. https://doi.org/10.18052/www.scipress.com/ilshs.26.92
Elliott, R.J., Siu, T.K., & Eric, S. F. (2014). A Double HMM approach to Altman Z-scores and credit ratings. Expert Systems with Applications, 41, 1553–1560.
Hayes, S. K., Hodge, K. A., & Hughes, L. W. (2010). A study of the efficacy of Altman’s Z to predict bankruptcy of specialty retail firms doing business in contemporary times. Economics & Business Journal: Inquiries & Perspectives, 3(1), 130–134.
Hillegeist, S. A., Keating, E. K., Cram, D. P., & Lundstedt, K. G. (2004). Assessing the probability of bankruptcy. Review of Accounting Studies, 9(1), 5–34.
Imelda, E., & Alodia, I. (2017). The Analysis of Altman Model and Ohlson Model in Predicting Financial Distress of Manufacturing Companies in the Indonesia Stock Exchange. Indian-Pacific. Journal of Accounting and Finance, 1(1), 51–63.
Jaffari, A. A., & Ghafoor, Z. (2017). Predicting Corporate Bankruptcy in Pakistan: A Comparative Study of Multiple Discriminant Analysis (MDA) and Logistic Regression. Research Journal of Finance and Accounting, 8(3), 81–100.
Kulalı, İ. (2016). Altman Z-Score Bankruptcy Prediction Model Application To BIST Firms. Int. Journal of Management Economics and Business, 12(27), 283–291.
Kumar R, K. K. (2012). A comparison of bankruptcy models. International Journal of Marketing, Financial Services & Management Research, 1, 76–86.
Nadirli, N. (2015). Role of the Z-score method for the measurement of credit risk. Journal of Banking and Financial Research, 1(1), 1–6.
Özyeşil, M. (2020). A Relationship between Altman’s Z Scores and Stock Price Performance: A Review on Listed Companies in Bist-30 Index. International Journal of Economics and Management Studies, 7(2), 179–186. https://doi.org/10.14445/23939125/ijems-v7i2p125
Sulphey, M. M. (2013). THE ANALYTICAL IMPLICATION OF ALTMAN’S Z SCORE ANALYSIS OF BSE LISTED SMALL CAP COMPANIES (Vol. 2, Issue 4). https://www.researchgate.net/publication/299175808
Swalih, M. M., Adarsh, K. B., & Sulphey, M. M. (2021). A study on the financial soundness of indian automobile industries using altman z-score. Accounting, 7(2), 295–298. https://doi.org/10.5267/j.ac.2020.12.001