( ISSN 2277 - 9809 (online) ISSN 2348 - 9359 (Print) ) New DOI : 10.32804/IRJMSH

Impact Factor* - 6.2311


**Need Help in Content editing, Data Analysis.

Research Gateway

Adv For Editing Content

   No of Download : 276    Submit Your Rating     Cite This   Download        Certificate

A STUDY ON THE FINANCIAL HEALTH OF COMPANIES IN BSE-100 AND ITS RELATIONSHIP WITH THE SHARE PRICES USING ALTMAN Z SCORE MODEL

    2 Author(s):  SOWMYA CHRISTINA , DR. M PRAKASH

Vol -  9, Issue- 3 ,         Page(s) : 283 - 293  (2018 ) DOI : https://doi.org/10.32804/IRJMSH

Abstract

Developing countries as well as developed countries face a Global phenomenon of business failure. Business failure is inseparable in doing any business. But the rate of business failure is higher in developing economy when compared with developed economy. It is hard to find the exact reason for corporate bankruptcy as they are different across different countries due to its dissimilarities in social, political and economic environment and also in its accounting practices and diverse capital structure. In this research paper, the Altman Emerging Markets Model is used to understand the financial distress position of companies in the developing economy beforehand which are listed in BSE-100

• Sudhindra Bhat. 2008. Security Analysis and Portfolio Management. Excel Books, pg 147-253.
• Punithavathy Pandian. 2013. Security Analysis and Portfolio Management. Vikas Publishing House Pvt Ltd, pg 179-119
• S.P. Gupta. 1974. Statistical Methods. Sultan Chand and Sons, pg 289-364.
• Altman, Edward, 1968, Financial ratios, discriminant analysis and the prediction of corporate bankruptcy, Journal of Finance, 589-609.
• Altman, Edward, 1983, Corporate financial distress: A complete guide to predicting, avoiding and dealing with bankruptcy, John Wiley & Sons, New York.
• Altman, Edward, 1993, Corporate financial distress: A complete guide to predicting, avoiding and dealing with bankruptcy, 2nd Ed., John Wiley & Sons, New York.
• Altman, Edward, J. Hartzell, and M. Peck, 1995, Emerging market corporate bonds: A scoring system, Saloman Brothers Inc, New York.
• http://www.bseindia.com/markets/equity/EQReports/StockPrcHistori.aspx?expandable=7&flag=0
• http://www.moneycontrol.com/indian-indices/s&p-bse-100-1.html
• http://www.bseindia.com/markets/equity/EQReports/TopMarketCapitalization.aspx?expandable=3
• http://profit.ndtv.com/stock/abb-india-ltd_abbltd/financials
• http://www.investopedia.com/terms/a/appropriated-retained-earnings.asp
• http://www.moneycontrol.com/financials/abbindia/balance-sheetVI/ABB#ABB
• http://profit.ndtv.com/news/stocks
• http://amigobulls.com/stocks/ABB/balance-sheet/annual
• http://www.moneycontrol.com/india/stockpricequote/infrastructure-general/abbindia/ABB
• http://profit.ndtv.com/stock/acc-ltd_accltd/financials-cash-flow
• http://money.rediff.com/companies/ACC-Ltd/11510001/results-quarter?src=comp_research
• http://www.moneycontrol.com/financials/adaniportsspecialeconomiczone/balance-sheetVI/MPS#MPS
• http://economictimes.indiatimes.com/abb-india-ltd/balancesheet/companyid-14040.cms
• https://www.valueresearchonline.com/stocks/snapshot.asp?code=338
• http://www.moneycontrol.com/stocks/company_info/print_main.php
• http://www.financeformulas.net/Total-Stock-Return.html
• http://economictimes.indiatimes.com/topic/Adani-Port-and-Special-Economic-Zone-Limited
• http://economictimes.indiatimes.com/industry/transportation/shipping-/-transport/adani-ports-and-special-economic-zones-rating-lowered-from-stable-to-negative-by-moodys/articleshow/52344482.cms
• http://www.moneycontrol.com/news/business/still-no-signscapex-recovery-say-abb-thermax-bosses_1385213.html
• http://www.moneycontrol.com/stocks/company_info/stock_news.php?sc_id=ABB&scat=&pageno=3&next=0&durationType=Y&Year=2013&duration=1&news_type=
• http://www.moneycontrol.com/news/recommendations/sell-abb-india-target-rs-442-angel-broking_988696.html
• http://web.calstatela.edu/library/guides/3apa.pdf
• http://www.moneyworks4me.com/best-index/bse-stocks/top-bse100-companies-list/page/3
• https://economictimes.indiatimes.com/guidelines-applicable-for-delisting-of-shares/articleshow/2644328.cms
• https://economictimes.indiatimes.com/compulsory-delisting-at-whose-cost/articleshow/2768216.cms
• http://www.creditguru.com/index.php/bankruptcy-and-insolvency/altman-z-score-insolvency-predictor-for-non-manufacturers-emerging-markets
• https://www.moneycontrol.com/stocks/company_info/print_main.php
• https://www.moneycontrol.com/india/financials/zeeentertainmententerprises/balance-sheet/ZEE
• http://www.financialratioss.com/other-financial-ratios-1/altman-z-score-for-non-manufacturer-industrials-and-emerging-market
• https://www.bseindia.com/corporates/non_compliance_new.aspx?expandable=4
• http://www.financialratioss.com/other-financial-ratios/altman-z-score-for-non-manufacturer-industrials-and-emerging-market-definition
• https://www.bseindia.com/markets/equity/EQReports/StockPrcHistori.aspx?expandable=7&flag=0

*Contents are provided by Authors of articles. Please contact us if you having any query.






Bank Details