Proceedings of 2nd International Multi-Disciplinary Conference Theme: Integrated Sciences and Technologies, IMDC-IST 2021, 7-9 2022
DOI: 10.4108/eai.7-9-2021.2314783
|View full text |Cite
|
Sign up to set email alerts
|

Bankruptcy Prediction: Evidence-based Experiences in the Banks

Abstract: This study aims to predict the bankruptcy of private banks by adopting Altman Z-score's model. The financial position of these banks had been classified into three zones: safe zone, gray zone, and distress zone. Five of the famous private banks were selected that achieved the research objectives. The most important result of this study is to determine the financial position of these private banks that are located in the failure zone and financial hardship area. A major suggestion is needed to apply the Altman … Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
1
1
1

Citation Types

0
3
0

Year Published

2023
2023
2024
2024

Publication Types

Select...
2

Relationship

0
2

Authors

Journals

citations
Cited by 2 publications
(3 citation statements)
references
References 20 publications
0
3
0
Order By: Relevance
“…As a result, the Tobin Q model can play an important role in promoting financial stability and reducing systemic risk in the financial system (Jing et al, 2022). Therefore, this study highlights the significance of using financial analysis tools to evaluate the financial position of Iraqi banks, as proposed by the study conducted by Hilo and Mkalaf (2022). The findings of this study emphasize the importance of using financial analysis tools as a means of identifying key financial indicators and gauging the overall financial health of banks operating in Iraq.…”
Section: Introductionmentioning
confidence: 77%
“…As a result, the Tobin Q model can play an important role in promoting financial stability and reducing systemic risk in the financial system (Jing et al, 2022). Therefore, this study highlights the significance of using financial analysis tools to evaluate the financial position of Iraqi banks, as proposed by the study conducted by Hilo and Mkalaf (2022). The findings of this study emphasize the importance of using financial analysis tools as a means of identifying key financial indicators and gauging the overall financial health of banks operating in Iraq.…”
Section: Introductionmentioning
confidence: 77%
“…Which had a negative affected on their regulatory reputation within the financial markets and has even led to the bankruptcy or closure of some private banks. As a result, these banks have been unable to commit their financial obligations to companies and individuals, causing them to lose customers who would otherwise have deposited money with them (Hilo and Mkalaf, 2022).…”
Section: The Digital Landscapementioning
confidence: 99%
“…However, a good CR can positively impact stakeholder behaviours and market share, customer behaviours, purchase intention, loyalty, trust and identification (Ciftcioglu, 2010; Gatzert and Schmit, 2016). Consequently, Companies have widely embraced the implementation of qualitative methodologies such as the Altman Z-score model to effectively forecast financial risks and prevent the possibility of bankruptcy (Hilo and Mkalaf, 2022). Furthermore, the utilization of the Tobin Q model has become prevalent in assessing market value (Mkalaf and Hilo, 2023).…”
Section: Literature Reviewsmentioning
confidence: 99%