Predicting Bankruptcy: Evidence from Private Commercial Banks in Bangladesh
Journal Title: International Journal of Financial Economics - Year 2014, Vol 2, Issue 3
Abstract
This study aims to analyze financial position of some selected private commercial Banks in Bangladesh as well as comparison over the period from 2008 to 2012. Out of 30 listed private commercial banks in Dhaka Stock Exchange, for study purpose, samples of 20 banks are selected randomly which is representative of banking industry. Quantitative information applies regarding assessment with widely accepted bankruptcy prediction “S-score” and “Z-score” model. This study found that both Bankometer S-score and Altman Zscore show similarities about financial position in year 2008, 2009 and 2010 but exceptions prevail in year 20011 and 2012. Apart from that According to Bankometer: S-score model shows as a whole banking industry belonging in such a position having very healthy financial status whereas Altman Z-score model shows likely bankruptcy status, such discrepancy produce option for further study on.
Authors and Affiliations
Md. Qamruzzaman
Keywords
Related Articles
- EP ID EP27261
- DOI -
- Views 336
- Downloads 9
Financial Analysis of Rain tree (Samanea Saman) Plantations in Bangladesh
The paper discusses financial analysis of rain tree (Samanea suman) plantations in Bangladesh. It considers village woodlots, embankments, and road sides plantations. A sample 19 kilometer plantations ranging age 7 yea...
The Stigma of Unemployment: Are Unemployed People Seen As Less Productive? A Survey of Employers in Sunyani, Ghana
The objective of the paper is to explore the nature of sigma of unemployment and its effect on hiring in organisation from the perspective of employers in order to contribute to the body of knowledge that exist in the...
Predicting Bankruptcy: Evidence from Private Commercial Banks in Bangladesh
This study aims to analyze financial position of some selected private commercial Banks in Bangladesh as well as comparison over the period from 2008 to 2012. Out of 30 listed private commercial banks in Dhaka Stock Ex...
Macroeconomic Variables and Capital Market Performance: Evidence from Nigeria
The study aims at determining the causalities, correlation, cointegration and the relationship between the Nigeria Stock Exchange All Share Index(ASI), which is the proxy for capital market performance and macroeconomi...
Volatility Transmission among Macroeconomic Variables, Gold Return, Stock Return, Oil Return and Exchange Rate Return: Evidence from Pakistani Economy
This study employed GARCH and TGARCH models to examine the volatility transmission and asymmetry of information on volatility among macroeconomic variables in Pakistan for the period 2000 to 2010 monthly data. GARCH mo...