The Altman’s Z-score model was developed in 1968 for assessing the distress of industrial corporations listed on the US stock market. This paper analyses whether Z-score can correctly predict business failures in non US stock markets (and, more in general, Anglo-Saxon) in today’s context. To this aim, we analyse the theoretical and practical characteristics of the original Z-score model and highlight some of its potential shortcomings, specifically focusing on its critical aspects.

Celli, M. (2015). Can Altman Z-Score model predict business failures in non Anglo-Saxon countries?. In Proceedings of the 20th IAMB Conference, Istanbul, Turkey October 21-22, 2015.

Can Altman Z-Score model predict business failures in non Anglo-Saxon countries?

CELLI, MASSIMILIANO
2015

Abstract

The Altman’s Z-score model was developed in 1968 for assessing the distress of industrial corporations listed on the US stock market. This paper analyses whether Z-score can correctly predict business failures in non US stock markets (and, more in general, Anglo-Saxon) in today’s context. To this aim, we analyse the theoretical and practical characteristics of the original Z-score model and highlight some of its potential shortcomings, specifically focusing on its critical aspects.
Celli, M. (2015). Can Altman Z-Score model predict business failures in non Anglo-Saxon countries?. In Proceedings of the 20th IAMB Conference, Istanbul, Turkey October 21-22, 2015.
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11590/291464
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