Identifying financial distress firms: a case study of Malaysia’s Government Linked Companies (GLC)

The unhealthy financial state can be a massive and can cause long term distress which can result to restrictions of investments activities, capital flows and performance of firms. Thus it is vital for organizations to identify the reasoning that may lead to a corporate failure and take measures acc...

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Main Authors:	Mohd. Israil, Khaliq Ahmad, Motawe Altarturi, Basheer Hussein, Thas Thaker, Hassanudin Mohd, Harun, Md Yousuf, Nahar, Nurun
Format:	Article
Language:	English
Published:	International Journal of Economics, Finance and Management 2014
Subjects:	H Social Sciences (General) HG Finance HG4001 Financial management. Business finance. Corporation finance.
Online Access:	http://irep.iium.edu.my/75037/ http://irep.iium.edu.my/75037/ http://irep.iium.edu.my/75037/1/75037_Identifying%20Financial%20Distress%20Firms.pdf

id	iium-75037
recordtype	eprints
spelling	iium-750372019-10-29T01:30:43Z http://irep.iium.edu.my/75037/ Identifying financial distress firms: a case study of Malaysia’s Government Linked Companies (GLC) Mohd. Israil, Khaliq Ahmad Motawe Altarturi, Basheer Hussein Thas Thaker, Hassanudin Mohd Harun, Md Yousuf Nahar, Nurun H Social Sciences (General) HG Finance HG4001 Financial management. Business finance. Corporation finance. The unhealthy financial state can be a massive and can cause long term distress which can result to restrictions of investments activities, capital flows and performance of firms. Thus it is vital for organizations to identify the reasoning that may lead to a corporate failure and take measures accordingly to refrain from such condition. Thus, this present study addresses the financial distress measurement among 30 GLC’s listed companies in Bursa Malaysia over the period of five years (2008 until 2012). This paper asses the financial distress determinant measured by Z score statistics model. Further on, determinant such as current ratio and debt ratio were identified. Results show that there is significant relationship between both variables and Z – Scores that determine financial distressed of the GLC. International Journal of Economics, Finance and Management 2014-04 Article PeerReviewed application/pdf en http://irep.iium.edu.my/75037/1/75037_Identifying%20Financial%20Distress%20Firms.pdf Mohd. Israil, Khaliq Ahmad and Motawe Altarturi, Basheer Hussein and Thas Thaker, Hassanudin Mohd and Harun, Md Yousuf and Nahar, Nurun (2014) Identifying financial distress firms: a case study of Malaysia’s Government Linked Companies (GLC). International Journal of Economics, Finance and Management, 3 (3). pp. 141-150. ISSN 2307-2466 http://www.ejournalofbusiness.org/archive/vol3no3/vol3no3_4.pdf
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	H Social Sciences (General) HG Finance HG4001 Financial management. Business finance. Corporation finance.
spellingShingle	H Social Sciences (General) HG Finance HG4001 Financial management. Business finance. Corporation finance. Mohd. Israil, Khaliq Ahmad Motawe Altarturi, Basheer Hussein Thas Thaker, Hassanudin Mohd Harun, Md Yousuf Nahar, Nurun Identifying financial distress firms: a case study of Malaysia’s Government Linked Companies (GLC)
description	The unhealthy financial state can be a massive and can cause long term distress which can result to restrictions of investments activities, capital flows and performance of firms. Thus it is vital for organizations to identify the reasoning that may lead to a corporate failure and take measures accordingly to refrain from such condition. Thus, this present study addresses the financial distress measurement among 30 GLC’s listed companies in Bursa Malaysia over the period of five years (2008 until 2012). This paper asses the financial distress determinant measured by Z score statistics model. Further on, determinant such as current ratio and debt ratio were identified. Results show that there is significant relationship between both variables and Z – Scores that determine financial distressed of the GLC.
format	Article
author	Mohd. Israil, Khaliq Ahmad Motawe Altarturi, Basheer Hussein Thas Thaker, Hassanudin Mohd Harun, Md Yousuf Nahar, Nurun
author_facet	Mohd. Israil, Khaliq Ahmad Motawe Altarturi, Basheer Hussein Thas Thaker, Hassanudin Mohd Harun, Md Yousuf Nahar, Nurun
author_sort	Mohd. Israil, Khaliq Ahmad
title	Identifying financial distress firms: a case study of Malaysia’s Government Linked Companies (GLC)
title_short	Identifying financial distress firms: a case study of Malaysia’s Government Linked Companies (GLC)
title_full	Identifying financial distress firms: a case study of Malaysia’s Government Linked Companies (GLC)
title_fullStr	Identifying financial distress firms: a case study of Malaysia’s Government Linked Companies (GLC)
title_full_unstemmed	Identifying financial distress firms: a case study of Malaysia’s Government Linked Companies (GLC)
title_sort	identifying financial distress firms: a case study of malaysia’s government linked companies (glc)
publisher	International Journal of Economics, Finance and Management
publishDate	2014
url	http://irep.iium.edu.my/75037/ http://irep.iium.edu.my/75037/ http://irep.iium.edu.my/75037/1/75037_Identifying%20Financial%20Distress%20Firms.pdf
first_indexed	2023-09-18T21:46:12Z
last_indexed	2023-09-18T21:46:12Z
_version_	1777413466231930880

Identifying financial distress firms: a case study of Malaysia’s Government Linked Companies (GLC)

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