Fr. 52.50

Financial Distress and Its Determinants - Case of private commercial banks in Ethiopia

English, German · Paperback / Softback

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Description

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In this research the financial health condition of selected private commercial banks in Ethiopian is assessed by using the Altman's Z score model. Altman's Z score model (a.k.a, ZETA score analysis) is type of Multiple Discriminate Analysis (MDA) which has been applied by financial analysts to evaluate the general trend in the financial health of the enterprises over a period. In addition to the Altman's Zeta model, classical linear regression model (CLRM) is applied to identify the factors that affect the financial health condition of private commercial banks in Ethiopia, and the results of the analysis and recommendations are presented in a nice manner. This book also contains very important points that would be significant for students, researchers and university professors who deals with finance and financial institutions.

About the author










Ephrem Gebreslassie Assa is a lecturer and researcher at Wolaita Sodo University, College of Business and Economics. He received his BA degree in Accounting and Finance from Addis Ababa University in 2011, and MSc degree in Accounting and Finance from Adama Science and Technology University in 2013. He is currently living in Wolaita Sodo,Ethiopia

Product details

Authors Ephrem Gebreslassie
Publisher LAP Lambert Academic Publishing
 
Languages English, German
Product format Paperback / Softback
Released 01.01.2014
 
EAN 9783659494239
ISBN 978-3-659-49423-9
No. of pages 80
Subject Guides > Law, job, finance > Money, bank, stock market

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