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Application Of Altman Z Score on BSE-Greenex Companies

Author

Listed:
  • M. M. Swalih

    (Department of Commerce, Christ Nagar College, India)

  • M. S. Vinod

    (Department of Commerce, Christ Nagar College, India)

Abstract

Altman Z is a tool that has been used widely to assist managements in predicting corporate financial problems. It also helps various stakeholders to take effective preventive measures. The present study has assessed the Altman Z Score of BSE-Greenex companies for four years. The results present some interesting facts about the Greenex companies. It was found that 12 out of the 25 companies belong to the distress zone. Only three companies belonged to the safe zone. The results of the present study can be used as a ready reference to assess the utility of investing in Greenex companies.

Suggested Citation

  • M. M. Swalih & M. S. Vinod, 2017. "Application Of Altman Z Score on BSE-Greenex Companies," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 6(3), pages 205-215, September.
    • Handle: RePEc:ods:journl:v:6:y:2017:i:3:p:205-215
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    References listed on IDEAS

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    Cited by:

    1. G. V. Satya Sekhar, 2018. "Measuring Models and Trends in International Factoring: 2009-2018," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 7(4), pages 236-245, November.

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