Review on development in financial distress modeling
Financial distress is an important but undesired event of company life. If the company does not take necessary action to avoiding financial distress, then it can lead company towards bankruptcy and business windup. In past there are several studies have been carried out to figure out that what are m...
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Published: |
2020
|
| Subjects: |
| _version_ | 1796865569359659008 |
|---|---|
| author | Hassan Gillani, S. M. A. Raza, H. Ramakrishnan, S. Hassan Gillani, S. M. A. Ahmad, H. |
| author_facet | Hassan Gillani, S. M. A. Raza, H. Ramakrishnan, S. Hassan Gillani, S. M. A. Ahmad, H. |
| author_sort | Hassan Gillani, S. M. A. |
| collection | ePrints |
| description | Financial distress is an important but undesired event of company life. If the company does not take necessary action to avoiding financial distress, then it can lead company towards bankruptcy and business windup. In past there are several studies have been carried out to figure out that what are main causes which lead companies into financial distress and eventually become bankrupt. Since 1966 till present there are several researchers investigated the causes of financial distress and developed several prediction models. This study included only those studies, which significantly contributed in the literature of financial distress. Moreover, Selected studies highlighted new variable and opted new statistical techniques. |
| first_indexed | 2024-03-05T20:59:00Z |
| format | Article |
| id | utm.eprints-93171 |
| institution | Universiti Teknologi Malaysia - ePrints |
| last_indexed | 2024-03-05T20:59:00Z |
| publishDate | 2020 |
| record_format | dspace |
| spelling | utm.eprints-931712021-11-19T03:15:56Z http://eprints.utm.my/93171/ Review on development in financial distress modeling Hassan Gillani, S. M. A. Raza, H. Ramakrishnan, S. Hassan Gillani, S. M. A. Ahmad, H. HG Finance Financial distress is an important but undesired event of company life. If the company does not take necessary action to avoiding financial distress, then it can lead company towards bankruptcy and business windup. In past there are several studies have been carried out to figure out that what are main causes which lead companies into financial distress and eventually become bankrupt. Since 1966 till present there are several researchers investigated the causes of financial distress and developed several prediction models. This study included only those studies, which significantly contributed in the literature of financial distress. Moreover, Selected studies highlighted new variable and opted new statistical techniques. 2020 Article PeerReviewed Hassan Gillani, S. M. A. and Raza, H. and Ramakrishnan, S. and Hassan Gillani, S. M. A. and Ahmad, H. (2020) Review on development in financial distress modeling. International Journal of Psychosocial Rehabilitation, 24 (6). pp. 901-920. ISSN 1475-7192 http://dx.doi.org/10.37200/IJPR/V24I6/PR260086 DOI: 10.37200/IJPR/V24I6/PR260086 |
| spellingShingle | HG Finance Hassan Gillani, S. M. A. Raza, H. Ramakrishnan, S. Hassan Gillani, S. M. A. Ahmad, H. Review on development in financial distress modeling |
| title | Review on development in financial distress modeling |
| title_full | Review on development in financial distress modeling |
| title_fullStr | Review on development in financial distress modeling |
| title_full_unstemmed | Review on development in financial distress modeling |
| title_short | Review on development in financial distress modeling |
| title_sort | review on development in financial distress modeling |
| topic | HG Finance |
| work_keys_str_mv | AT hassangillanisma reviewondevelopmentinfinancialdistressmodeling AT razah reviewondevelopmentinfinancialdistressmodeling AT ramakrishnans reviewondevelopmentinfinancialdistressmodeling AT hassangillanisma reviewondevelopmentinfinancialdistressmodeling AT ahmadh reviewondevelopmentinfinancialdistressmodeling |