Identification of Financial Distressed Firms at Pakistan Stock Exchange Through Infusion of Corporate Social Responsibility Information into Altman Z-Score

Identification of Financial Distressed Firms at Pakistan Stock Exchange Through Infusion of Corporate Social Responsibility Information into Altman Z-Score

Financial distress is one of the leading reasons for corporate default, foreclosure, and subsequent bankruptcy. Traditionally accounting information-based models have been used to identify the financially distressed firms. Inaccurate identification results in type-I and type- II errors. These errors...

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Bibliographic Details
Main Authors: Khalid Mumtaz, Ammara Mujtaba, Nida Aman
Format: Article
Language:English
Published: National University of Modern Languages (NUML), Islamabad 2022-12-01
Series:NUML International Journal of Business & Management
Subjects:
Financial distress
Z Score
Corporate Governance
CSR
Online Access:https://nijbm.numl.edu.pk/index.php/BM/article/view/107

Internet

https://nijbm.numl.edu.pk/index.php/BM/article/view/107

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