A study on the bankruptcy prediction using Altman model and Abbas & Rashid model / Salfarehan Suahnih

Suahnih, Salfarehan (2016) A study on the bankruptcy prediction using Altman model and Abbas & Rashid model / Salfarehan Suahnih. [Student Project] (Submitted)

Abstract

This study aims to give the evidence of whether both Modal Altman and Abbas&Rashid Model have strong ability to predict bankruptcy among PN17 and Non Pn17 companies . Five variables are used of Altman Model which are the Working Capital over Total asset (WC/TA), Retained Earning over total asset(RE/TA), Earning before interest tax over total asset (EBIT/TA), Market value per Share over total asset (MVC/TA) and Sales to Total asset (SALES/TA). On the other Model, which is Abbas&Rashid Model, financial ratio used is Sales to total asset, cashflow and earning before interest tax to total liabilitis. This study covers the period of 2011 until 2015 using quarterly data of 6 listed companies in Bursa Malaysia Stock Exchange from PN17 and Non-PN17 companies. Results from the finding shows that Abbas&Rashi have strong ability to predict bankruptcy on Non-PN17 companies in Malaysia.

Metadata

Item Type: Student Project
Creators:
Creators
Email / ID Num.
Suahnih, Salfarehan
2014817548
Contributors:
Contribution
Name
Email / ID Num.
Advisor
Udin, Sarmila
sarmil370@uitm.edu.my
Contributor
Bujang, Associate Professor Dr. Imbarine
imbar074@uitm.edu.my
Subjects: H Social Sciences > HG Finance > Financial management. Business finance. Corporation finance
Divisions: Universiti Teknologi MARA, Sabah > Kota Kinabalu Campus > Faculty of Business and Management
Programme: Bachelor of Business Administration (Hons) Finance
Keywords: Bankruptcy prediction; Modal altman; Abbas&Rashid model
Date: 2016
URI: https://ir.uitm.edu.my/id/eprint/112496
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