Identifying the determinants of financial distress for public listed companies in Malaysia by Ahmad Monir Abdullah

“…Sixteen ratios were selected in the study and two techniques were used to assess the data of 192 Malaysian PLC. The empirical findings from this research show that current assets turnover (CAT), working capital to total assets (WCTA,) and retained earnings to total assets (RETA) display the highest ability to distinguish between financially distressed and non-distressed groups. …”
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