Validity Analysis of Financial Failure Prediction Models During the Covid-19 Pandemic

Basit Öğe Kaydı
dc.authorid302688en_US
dc.contributor.authorÖzparlak, Gerçek
dc.date.accessioned2023-01-30T06:46:37Z
dc.date.available2023-01-30T06:46:37Z
dc.date.issued2022
dc.departmentİstanbul Beykent Üniversitesien_US
dc.description.abstractUnexpected bankruptcies of companies cause significant damage to company partners, investors, employees, countries, commercial and financial creditors. In this context, the financial failure risks should be constantly measured and controlled. However, it is important to constantly check the validity of financial models that measure the risk of the financial failure of companies. Because the higher the validity rates of these models, the higher the probability of investors and researchers to make the right decision according to the results obtained from these models. In this context, validity tests are widely used in the literature, namely Altman (1968), Springate (1978), Ohlson (1980), Fulmer (1984), Zmijewski (1984), Canada (1987) and Grove (2001) models, were applied in this study. The sample of this study consists of 16 companies that operate in the energy sector in the US markets. The universe of the study includes all companies that operate in the energy sector. The research results have shown that the Zmijewski model has been the most successful model for predicting company bankruptcies in the energy sector in the USA. The model that best predicted bankrupt and non-bankrupt companies 1 year and 3 years before the bankruptcy is again the Zmijewski model. However, Fulmer is the best bankruptcy predictor 2 years before the bankruptcy. On the other hand, according to other results of the research, the accuracy rate of Altman, Springate, Canadian, Fulmer and Grover models is well below the average compared to other studies in the literature.en_US
dc.identifier.doi10.19168/jyasar.1011804
dc.identifier.issn1308-2922
dc.identifier.trdizinid529710en_US
dc.identifier.urihttps://search.trdizin.gov.tr/yayin/detay/529710
dc.identifier.urihttps://doi.org/10.19168/jyasar.1011804
dc.indekslendigikaynakTR-Dizinen_US
dc.language.isoenen_US
dc.publisherYaşar Üniversitesien_US
dc.relation.publicationcategoryMakale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.subjectFinancial Failure Prediction Modelsen_US
dc.subjectFinancial Performanceen_US
dc.subjectCompany Bankruptciesen_US
dc.subjectEnergy Sectoren_US
dc.subjectUS Marketsen_US
dc.titleValidity Analysis of Financial Failure Prediction Models During the Covid-19 Pandemicen_US
dc.typeArticleen_US

Dosyalar

Orijinal paket
Listeleniyor 1 - 1 / 1
Küçük Resim
İsim:
Validity Analysis of Financial Failure Prediction Models During the Covid-19 Pandemic.pdf
Boyut:
1.02 MB
Biçim:
Adobe Portable Document Format
Açıklama:
İndir
Lisans paketi
Listeleniyor 1 - 1 / 1
Küçük Resim Yok
İsim:
license.txt
Boyut:
1.44 KB
Biçim:
Item-specific license agreed upon to submission
Açıklama:
İndir

Koleksiyon

İktisadi ve İdari Bilimler Fakültesi
TR-Dizin İndeksli Yayınlar Koleksiyonu