Naslov
Performance Prediction Model for Listing Companies

Autori
Belak, Vinko ; Aljinović Barać, Željana

Izvornik
Global business & economics review. Anthology (1553-1333) 1 (2007); 276-284

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
corporate performance; prediction models; capital markets

Sažetak
More than 40 years economists, both academicians and practitioners, are trying to generate optimal models that are able to predict corporate performance, financial distress or stock price movements. One of the famous models is Altman's Z-score, originally made in 1968 and revisited in 1995 to make it applicable for private companies, non-manufacturing companies and emerging markets companies. However, the capital markets functions and ideal structure of balance sheet, upon which Altman constructed his model, have changed over time. According to this, the aim of this paper is to construct performance prediction model for listing companies, taking into account changed circumstances and specificities of capital markets and company's financial statements.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA