Work

Monitoring mechanisms and financial distress of public listed companies in Malaysia

Year: 2017

Type: article

Abstract: This study examines the relationships between financial distress and financial ratio (liquidity, leverage, profitability, firm's performance, and dividend) among public listed companies, using the Altman Z-Score to determine the financial distress levels among public listed companies in Malaysia.Five-year data has been collected (2010 to 2014) from the annual financial statements and from Data Stream of public listed companies in Malaysia.The findings indicate significant relationships between liquidity, leverage, profitability, firm's performance, and dividend with the financial distress levels among the companies in question.This study also examines the interaction effects of financial ratios and the year after implementation of the Malaysian Code on

Source: JOURNAL OF INTERNATIONAL STUDIES

DOI: 10.14254/2071-8330.2017/10-1/6

Authors: Soheil Kazemian, Noor Azura Ahmad Shauri, Zuraidah Mohd Sanusi, Amrizah Kamaluddin, Shuhaida Mohamed Shuhidan

Institutions: Kolej Poly-Tech MARA, Universiti Teknologi MARA

Language: English

Topic: Financial Distress and Bankruptcy Prediction

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: diamond

OpenAlex ID: W2736233072

FWCI: 7.088

Cites: 50

Cited by: 63

Related to: 10