Financial distress identification among energy sector companies listed in bursa Malaysia

The main objective of this study is to identify financial distress of Energy Companies listed in Bursa Malaysia. The study indicates a strong significance of the variable in determining financial distress using three different models which is Altman Z-Score Model, Grover Model and Zmijewski Model. T...

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Main Author: Wahyu Setia, Budi
Format: Thesis
Language:eng
eng
Published: 2021
Subjects:
Online Access:https://etd.uum.edu.my/10394/1/grant%20the%20permission_s825088.pdf
https://etd.uum.edu.my/10394/2/s825088_01.pdf
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spelling my-uum-etd.103942023-03-09T01:24:51Z Financial distress identification among energy sector companies listed in bursa Malaysia 2021 Wahyu Setia, Budi Tapa, Afiruddin School of Economics, Finance & Banking School of Economics, Finance & Banking HG Finance HJ Public Finance The main objective of this study is to identify financial distress of Energy Companies listed in Bursa Malaysia. The study indicates a strong significance of the variable in determining financial distress using three different models which is Altman Z-Score Model, Grover Model and Zmijewski Model. The study adopts quantitative research method of secondary source was used to collect data from annual financial report of all the energy companies listed in Bursa Malaysia. The period of study is prior Covid 19 crisis which is from 2016 to 2020. The descriptive and comparative analysis method has been used for the study and this model is developed to compare the independent variables. The descriptive analysis in this study shows that Altman Z-Score model is the most significant model to predict financial failure of the firms. While the comparative analysis shows there is no significant difference between Altman and Grover, Altman and Zmijewski as well as Grover and Zmijewski. 2021 Thesis https://etd.uum.edu.my/10394/ https://etd.uum.edu.my/10394/1/grant%20the%20permission_s825088.pdf text eng staffonly https://etd.uum.edu.my/10394/2/s825088_01.pdf text eng public other masters Universiti Utara Malaysia
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Tapa, Afiruddin
topic HG Finance
HJ Public Finance
spellingShingle HG Finance
HJ Public Finance
Wahyu Setia, Budi
Financial distress identification among energy sector companies listed in bursa Malaysia
description The main objective of this study is to identify financial distress of Energy Companies listed in Bursa Malaysia. The study indicates a strong significance of the variable in determining financial distress using three different models which is Altman Z-Score Model, Grover Model and Zmijewski Model. The study adopts quantitative research method of secondary source was used to collect data from annual financial report of all the energy companies listed in Bursa Malaysia. The period of study is prior Covid 19 crisis which is from 2016 to 2020. The descriptive and comparative analysis method has been used for the study and this model is developed to compare the independent variables. The descriptive analysis in this study shows that Altman Z-Score model is the most significant model to predict financial failure of the firms. While the comparative analysis shows there is no significant difference between Altman and Grover, Altman and Zmijewski as well as Grover and Zmijewski.
format Thesis
qualification_name other
qualification_level Master's degree
author Wahyu Setia, Budi
author_facet Wahyu Setia, Budi
author_sort Wahyu Setia, Budi
title Financial distress identification among energy sector companies listed in bursa Malaysia
title_short Financial distress identification among energy sector companies listed in bursa Malaysia
title_full Financial distress identification among energy sector companies listed in bursa Malaysia
title_fullStr Financial distress identification among energy sector companies listed in bursa Malaysia
title_full_unstemmed Financial distress identification among energy sector companies listed in bursa Malaysia
title_sort financial distress identification among energy sector companies listed in bursa malaysia
granting_institution Universiti Utara Malaysia
granting_department School of Economics, Finance & Banking
publishDate 2021
url https://etd.uum.edu.my/10394/1/grant%20the%20permission_s825088.pdf
https://etd.uum.edu.my/10394/2/s825088_01.pdf
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