Detecting Financial Distress of Companies listed on Amman Stock Exchange Using the Models of Altman and Jones

被引：0

作者：

Hussein, Roa'a ^{[1
]}

Idris, Mohammed ^{[1
]}

机构：

[1] Appl Sci Private Univ, Accounting Dept, Amman, Jordan

来源：

QUALITY-ACCESS TO SUCCESS | 2023年 / 24卷 / 194期

关键词：

financial distress; Emerging Market Score; managed earnings; failed companies; healthy companies; EARNINGS MANAGEMENT;

D O I：

10.47750/QAS/24.194.23

中图分类号：

C93 [管理学];

学科分类号：

12 ; 1201 ; 1202 ; 120202 ;

摘要：

This study aimed to test the capabilities of Emerging Market Score model and the modified Jones model to predict financial distress of bankrupt manufacturing companies listed on Amman stock exchange between 2003 and 2019. The most prominent result was the existence of a statistically significant effect of the Emerging Market Score in explaining the financial distress of healthy industrial companies, and the existence of a statistically significant effect of the managed earnings in explaining the financial distress of bankrupt companies. The study recommends policy makers to think of new means and methods to protect the rights of stakeholders in obtaining reliable financial statements information about their interest.

引用

页码：196 / 201

页数：6

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