Altmanʼs Model as an Instrument for the Evaluation of the Financial Situation of the Alma Market S.A.

• Authors: Justyna Lewandowska , Beata Jakubczyk
• Languages of publication: EN

Abstracts

EN

This article is the result of empirical research on the use of Altmanʼs model in assessing the financial position of companies. The aim of the study was to try to see the situation of the company Alma Market S.A. for symptoms suggestive of business failure. For a thorough analysis of the discriminative model was used. The calculated value of the function enabled the assessment of the condition of the body by classifying it into the group is not threatened by insolvency.

Keywords

EN

bankruptcy; crisis; discrimination analysis; model Altman

• Publisher: Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
• Journal: Finanse i Prawo Finansowe
• Year: 2015
• Volume: 2
• Issue: 1
• Pages: 21-34

Dates

published

2015-03-30

Contributors

author

Justyna Lewandowska

• University of Lodz, Faculty of Economics and Sociology, Department of Finance and Accounting

author

Beata Jakubczyk

• University of Lodz, Faculty of Economics and Sociology, Department of Finance and Accounting

References

• Gasza R., 1997, The relationship between the type of Altman analysis results and the evolution of the share prices of selected listed companies in Poland. Research results oldest listed companies during 1991–1995, „Bank and Credit”, no. 3.
• Prusak B., 2008, Determinants of corporate bankruptcies, Department of Economic Sciences, Faculty of Management and Economics, University of Gdansk.
• Rogowski W. K., 1999, The possibility of early recognition of symptoms threat ability to pay, „Bank and Credit”, no. 6.
• Schwartz A., 2004, A Normative Theory of Business Bankruptcy, Yale University.
• Stasiewski T., 1996, Z-score-predicted the collapse of the index, „Accounting”, no. 12.
• Urbanowska-Sojkin E., 1999, Business management, Poznan University of Economics.
• Wawrzyniak B., 1999, Restoration of the company to meet the XXI century, Poltext.
• Zelek A., Gwarek A., 2000, Symptoms of the crisis of the organization, „Company and Market”, no. 2.
• Zimniewicz K., 1990, Organizational behavior and management, PWN.

Identifiers

DOI

10.18778/2391-6478.2.1.03