| Article Name : | |
| EFFICACY OF ALTMAN’S Z-SCORE TO PREDICT FINANCIAL UNASSAILABILITY: A MULTIPLE DISCRIMINANT ANALYSIS (MDA) OF SELECT AUTOMOBILE COMPANIES IN INDIA |
| Author Name : | |
| Momina Bushra , Kushendra Mishra |
| Publisher : | |
| Ashok Yakkaldevi |
| Article Series No. : | |
| GRT-4970 |
| Article URL : | |
 | Author Profile View PDF In browser |
| Abstract : | |
The performance of automobile industry can be used as anindicator to assess the economic strength of any country.This paper attempts to study the financial health of automobile industry in India. There are a number of techniques available which can be used to check the financial performance of the company and Altman’s Z score model is one of them. Altman’s Z score model is based on multiple discriminant analysis (MDA). This modelcan help the company in making good financial decisions and can also provide guidance to investors in selecting right company forthe investment. Altman’s Z score model for manufacturing firms are applied to automobile industry. It assesses the financial performance of the companies to check the present financial soundness and chances of bankruptcy in future.naltrexone information go vivitrol uk |
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