Corporate failure prediction : empirical evidence form the Kuala Lumpur stock exchange 2009-2013

The objective of this study is to predict the corporate failure by using Altman Z-Scores Models. There are total of 30 public listed companies which are come from different kind of sectors are selected from Bursa Malaysia as sample and the period is collecting from 2009 until 2013. Altman Z-Score Mo...

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Main Author: Teoh, Tsui Ven
Format: Final Year Project Report / IMRAD
Language:English
English
Published: Universiti Malaysia Sarawak, (UNIMAS) 2015
Subjects:
Online Access:http://ir.unimas.my/id/eprint/12310/
http://ir.unimas.my/id/eprint/12310/1/Teoh%20%2824pgs%29.pdf
http://ir.unimas.my/id/eprint/12310/4/Teoh%20Tsui%20Ven.pdf
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author Teoh, Tsui Ven
author_facet Teoh, Tsui Ven
author_sort Teoh, Tsui Ven
building UNIMAS Institutional Repository
collection Online Access
description The objective of this study is to predict the corporate failure by using Altman Z-Scores Models. There are total of 30 public listed companies which are come from different kind of sectors are selected from Bursa Malaysia as sample and the period is collecting from 2009 until 2013. Altman Z-Score Models categorized the companies into three zones which are safe, grey and distress zone according to the z-score index of each company. This study collects secondary data from financial statements (income statement and balance sheet). Methodology such as descriptive statistics and correlation analysis have been done to analysis the relationship between variables. The findings of this study show that there is 8 out of 10 PN17 companies, which is 80% in distress zone, only one company in grey zone and distress zone, which carry 10% respectively. For 20 non PN17 companies, 12 companies out of them, which is 60% in safe zone, 3 companies in grey zone and 5 companies in distress zone which carry 15% and 25% accordingly.
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format Final Year Project Report / IMRAD
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institution Universiti Malaysia Sarawak
institution_category Local University
language English
English
last_indexed 2025-11-15T06:35:25Z
publishDate 2015
publisher Universiti Malaysia Sarawak, (UNIMAS)
recordtype eprints
repository_type Digital Repository
spelling unimas-123102024-04-02T07:39:17Z http://ir.unimas.my/id/eprint/12310/ Corporate failure prediction : empirical evidence form the Kuala Lumpur stock exchange 2009-2013 Teoh, Tsui Ven HG Finance The objective of this study is to predict the corporate failure by using Altman Z-Scores Models. There are total of 30 public listed companies which are come from different kind of sectors are selected from Bursa Malaysia as sample and the period is collecting from 2009 until 2013. Altman Z-Score Models categorized the companies into three zones which are safe, grey and distress zone according to the z-score index of each company. This study collects secondary data from financial statements (income statement and balance sheet). Methodology such as descriptive statistics and correlation analysis have been done to analysis the relationship between variables. The findings of this study show that there is 8 out of 10 PN17 companies, which is 80% in distress zone, only one company in grey zone and distress zone, which carry 10% respectively. For 20 non PN17 companies, 12 companies out of them, which is 60% in safe zone, 3 companies in grey zone and 5 companies in distress zone which carry 15% and 25% accordingly. Universiti Malaysia Sarawak, (UNIMAS) 2015 Final Year Project Report / IMRAD NonPeerReviewed text en http://ir.unimas.my/id/eprint/12310/1/Teoh%20%2824pgs%29.pdf text en http://ir.unimas.my/id/eprint/12310/4/Teoh%20Tsui%20Ven.pdf Teoh, Tsui Ven (2015) Corporate failure prediction : empirical evidence form the Kuala Lumpur stock exchange 2009-2013. [Final Year Project Report / IMRAD] (Unpublished)
spellingShingle HG Finance
Teoh, Tsui Ven
Corporate failure prediction : empirical evidence form the Kuala Lumpur stock exchange 2009-2013
title Corporate failure prediction : empirical evidence form the Kuala Lumpur stock exchange 2009-2013
title_full Corporate failure prediction : empirical evidence form the Kuala Lumpur stock exchange 2009-2013
title_fullStr Corporate failure prediction : empirical evidence form the Kuala Lumpur stock exchange 2009-2013
title_full_unstemmed Corporate failure prediction : empirical evidence form the Kuala Lumpur stock exchange 2009-2013
title_short Corporate failure prediction : empirical evidence form the Kuala Lumpur stock exchange 2009-2013
title_sort corporate failure prediction : empirical evidence form the kuala lumpur stock exchange 2009-2013
topic HG Finance
url http://ir.unimas.my/id/eprint/12310/
http://ir.unimas.my/id/eprint/12310/1/Teoh%20%2824pgs%29.pdf
http://ir.unimas.my/id/eprint/12310/4/Teoh%20Tsui%20Ven.pdf