Threat of bankruptcy and the integrity of financial statement by Omar, Normah, Johar, Zulaikha Amirah, Hasnan, Suhaily

“…Financial statement fraud involves the manipulation of financial accounts by overstating assets, sales and profit, understating liabilities and expenses.One of the causes of financial statement fraud is due to threat of bankruptcy. This study explores the effectiveness of Altman Z-Score in predicting the occurrence of financial statement fraud.This study makes a comparison between non-fraudulent companies and fraudulent companies.The sample of non-fraudulent companies is selected from small market capitalization companies in Malaysia.Meanwhile, the sample for fraudulent companies is selected from companies which were charged by the Securities Commission for falsifying financial statements.The result shows that fraudulent companies display sign of bankruptcy before it is charged with falsification of financial statement fraud.…”
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Analysing the stability of bankruptcy prediction models by Md Rus, Rohani, Taufil Mohd, Kamarun Nisham, Abdul Latif, Rohaida

“…The aim of this study is to assess the predictive power of logit model and hazard model in predicting bankruptcy and to analyse the stability of the models. …”

Bankruptcy Prediction: SMEs in The Hospitality Industry by Zainol Abidin, Juraini, Abdullah, Nur Adiana Hiau, Khaw, Karren Lee-Hwei

“…The objectives of this study are to predict bankruptcy risk among SMEs in the hospitality industry for a three-year horizon period and to investigate the factors that are significant in determining bankruptcy. …”
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Personal Bankruptcy in Malaysia and Singapore: An Empirical Analysis by Ahmad, Nor Hayati, Isa, Ahmad Mahir, Zainol, Zairy

“…On the other hand, CPI shows a positive and significant relationship with personal bankruptcy in the short run. HD has a positive and significant impact on bankruptcy for both countries. …”
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Insider Trading and Large Chapter 11 Bankruptcies in Usa by Nasser, Tareque, Gup, Benton E.

“…In this paper, we explore insider trading of large Chapter 11 bankruptcy filing firms during the twelve-year period of 1995-2006. …”
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The theories underpinning personal insolvency or bankruptcy law: a legal overview by Azmi, Ruzita, Abd Razak, Adilah, Ahmad, Siti Nur Samawati

“…In Commonwealth countries including Malaysia, when individuals become bankrupt the legal mechanism is the bankruptcy law. Both law and policy on bankruptcy have been subject to long-standing debate. …”
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Investigating Factors Affecting Personal Bankruptcy in Malaysia Through Regression Analysis by Chong, Zhi Jing, Thong, Bei Yan, Ho, Yian Nie, Foong, Kar Kei, Misiran, Masnita, Md Yusof, Zahayu

“…Investigation on the factors of why people go bankrupt needs to be identified to reduce bankruptcy cases among Malaysians, as the number of bankruptcy cases has significantly increased in Malaysia. …”
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Discharge and pre-rehabilitation under bankruptcy law and Islamic law: a boon or a bane? by Azmi, Ruzita, Ahmad, Siti Nur Samawati

“…Repeated calls for a reform of the bankruptcy laws in Malaysia resulted in the renaming of the Bankruptcy Act 1967 (BA 1967) to the Insolvency Act 1967 (IA 1967), which came into force on 6th October 2017. …”
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Determinants of personal bankruptcy discharge in Malaysia: A social capital approach of Al-Nahd and Ta’awun by Isa, Ahmad Mahir, Ahmad, Nor Hayati, Zainol, Zairy

“…This study investigates the relationship between Gross Domestic Product (GDP), Consumer Price Index (CPI), Unemployment Rate (UE), Interest rate (IR), Household Debt (HD) on bankruptcy discharge and test the application of an Islamic concept of mutual cooperation, Social Relief Fund (SRF) to enhance the bankruptcy discharge. …”
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An Enhanced Ant Colony Optimisation Algorithm with the Hellinger Distance for Shariah-Compliant Securities Companies Bankruptcy Prediction by Zainol, Annuur Zakiah, Saian, Rizauddin, Teoh, Yeong Kin, Mohd Razali, Muhammad Hasbullah, Abu Bakar, Sumarni

“…This study addresses the challenge of applying ant colony optimisation algorithms to imbalanced datasets, focusing on a bankruptcy dataset. The application of ant colony optimization (ACO) algorithms has been limited by their performance on imbalanced datasets, particularly within bankruptcy prediction where the some of bankruptcy cases lead to skewed data distributions. …”
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Discharge in bankruptcy: a comparative analysis of law and practice between Malaysia, Singapore and the United Kingdom (UK) – What can we learn? by Azmi, Ruzita, Abd Razak, Adilah, Ahmad, Siti Nur Samawati

“…In common law jurisdictions such as Malaysia, United Kingdom and Singapore, bankruptcy law is the legal mechanism in situations where individuals fall into bankruptcy. …”
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A review of financial distress prediction models: logistic regression and multivariate discriminant analysis by Hassan, Ehsan ul, Zainuddin, Zaemah, Nordin, Sabariah

“…The study presents a review of literature for early prediction of financial bankruptcy. It contributes to the formation of a systematic review of the literature regarding previous studies done in the field of bankruptcy. …”
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Debts relief order and administration order for debtors in the United Kingdom: what Malaysian can learn? by Azmi, Ruzita, Abd Razak, Adilah, Ahmad, Siti Nur Samawati

“…Debtor’s pre-rehabilitation is a measure given to a debtor in order to avoid bankruptcy once he failed to fulfil his financial commitment with his creditors. …”
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Islamic banking players to be sympathetic to house buyers by Malaysian, Reserve

“…ISLAMIC banking players have been urged to be sympathetic to house buyers of abandoned projects and not burden them with debt as it may lead to bankruptcy.…”
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Estimating the determinants of vehicle loan default in Malaysia: an exploratory study by Lim, Hock Eam, Siew, Goh Yoke

“…As revealed by Malaysia’s bankruptcy statistics, around a quarter of bankruptcy in Malaysia is due to default of vehicle loan.This has led to the tightening up of vehicle loan underwriting and increased vehicle loan rejection rates. …”
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Malaysia Growth Story by Zainal Abidin, Irwan Shah

“…This was, perhaps, due to the many false news circulating on social media about, among others, the economy failing, and that^we are on the verge of bankruptcy.…”
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Malaysian growth story by Zainal Abidin, Irwan Shah

“…This was, perhaps, due to the many false news circulating on social media about, among others, the economy failing, and that^we are on the verge of bankruptcy.…”
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Preface to the third issue of Indian-Pacific Journal of Accounting and Finance by Popoola, Oluwatoyin Muse Johnson

“…The research provides valuable insights into the implementation of AIS among Malaysian co-operatives, which has received little attention thus far from academic, governmental and professional bodies.In the second paper with the title “A Review of Financial Distress Prediction Models: Logistic Regression and Multivariate Discriminant Analysis”, Mr Ehsan ul Hassan (School of Economics, Finance and Banking, Universiti Utara Malaysia), Dr Zaemah Zainuddin (School of Economics, Finance and Banking, Universiti Utara Malaysia), Dr Sabariah Nordin (School of Economics, Finance and Banking, Universiti Utara Malaysia) present a review of literature for early prediction of financial bankruptcy. The study contributes to the formation of a systematic review of the literature regarding previous studies done in the field of bankruptcy. …”
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Corporate workout: the corporate debt restructuring committee revisited by Azmi, Ruzita, Abd Razak, Adilah

“…According to Belcher a workout is 'the restructuring of the terms of a companys debt contracts to remedy or avoid default achieved by private negotiations with its creditor outside formal bankruptcy or insolvency proceedings.' A corporate workout includes arrangements or negotiations between the corporate debtor and its creditor/bankers outside the formal rescue process and such informal workout covers arrangements to obtain financial investments or rescheduling or restructuring of debts. …”

Predicting Financial Distress in Malaysia and Its Effect on Stock Returns by Hanafi, Ahmad Harith Ashrofie, Md-Rus, Rohani, Mohd, Kamarun Nisham Taufil

“…This study used the logit model to find the probability of bankruptcy and also as a proxy for financial distress risk in the asset pricing model. …”
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