{"id":"https://openalex.org/W3124057342","doi":"https://doi.org/10.5539/ijbm.v10n12p269","title":"The Application of Altman\u2019s Z-Score Model in Predicting Bankruptcy: Evidence from the Trading Sector in Sri Lanka","display_name":"The Application of Altman\u2019s Z-Score Model in Predicting Bankruptcy: Evidence from the Trading Sector in Sri Lanka","publication_year":2015,"publication_date":"2015-11-19","ids":{"openalex":"https://openalex.org/W3124057342","doi":"https://doi.org/10.5539/ijbm.v10n12p269","mag":"3124057342"},"language":"en","primary_location":{"id":"doi:10.5539/ijbm.v10n12p269","doi":"https://doi.org/10.5539/ijbm.v10n12p269","is_oa":true,"landing_page_url":"https://doi.org/10.5539/ijbm.v10n12p269","pdf_url":"http://www.ccsenet.org/journal/index.php/ijbm/article/download/54096/29331","source":{"id":"https://openalex.org/S4210230633","display_name":"International Journal of Business and Management","issn_l":"1833-3850","issn":["1833-3850","1833-8119"],"is_oa":true,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-scientific","cwts-core"],"host_organization":"https://openalex.org/P4310322531","host_organization_name":"Canadian Center of Science and Education","host_organization_lineage":["https://openalex.org/P4310322531"],"host_organization_lineage_names":["Canadian Center of Science and Education"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Business and Management","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"http://www.ccsenet.org/journal/index.php/ijbm/article/download/54096/29331","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5097162528","display_name":"Aloy Niresh J.","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I198412587","display_name":"University of Jaffna","ror":"https://ror.org/02fwjgw17","country_code":"LK","type":"education","lineage":["https://openalex.org/I198412587"]}],"countries":["LK"],"is_corresponding":false,"raw_author_name":"Aloy Niresh J.","raw_affiliation_strings":["Department of Finance & Accountancy, Vavuniya Campus of the University of Jaffna, Sri Lanka"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Finance & Accountancy, Vavuniya Campus of the University of Jaffna, Sri Lanka","institution_ids":["https://openalex.org/I198412587"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5112050845","display_name":"Thuraiyappah Pratheepan","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I198412587","display_name":"University of Jaffna","ror":"https://ror.org/02fwjgw17","country_code":"LK","type":"education","lineage":["https://openalex.org/I198412587"]}],"countries":["LK"],"is_corresponding":false,"raw_author_name":"Pratheepan T.","raw_affiliation_strings":["Department of Finance & Accountancy, Vavuniya Campus of the University of Jaffna, Sri Lanka"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Finance & Accountancy, Vavuniya Campus of the University of Jaffna, Sri Lanka","institution_ids":["https://openalex.org/I198412587"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I198412587"],"apc_list":null,"apc_paid":null,"fwci":10.3053,"has_fulltext":true,"cited_by_count":29,"citation_normalized_percentile":{"value":0.97822212,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":"10","issue":"12","first_page":"269","last_page":"269"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11653","display_name":"Financial Distress and Bankruptcy Prediction","score":1.0,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11653","display_name":"Financial Distress and Bankruptcy Prediction","score":1.0,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12509","display_name":"Corporate Insolvency and Governance","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11918","display_name":"Forecasting Techniques and Applications","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/altman-z-score","display_name":"Altman Z-score","score":0.871999979019165},{"id":"https://openalex.org/keywords/bankruptcy-prediction","display_name":"bankruptcy prediction","score":0.9819999933242798},{"id":"https://openalex.org/keywords/financial-distress","display_name":"financial distress","score":0.8700000047683716},{"id":"https://openalex.org/keywords/trading-sector","display_name":"trading sector","score":0.45500001311302185},{"id":"https://openalex.org/keywords/early-warning-systems","display_name":"early warning systems","score":0.5440000295639038}],"concepts":[{"id":"https://openalex.org/C504631918","wikidata":"https://www.wikidata.org/wiki/Q152074","display_name":"Bankruptcy","level":2,"score":0.895828366279602},{"id":"https://openalex.org/C3017649214","wikidata":"https://www.wikidata.org/wiki/Q854","display_name":"Sri lanka","level":3,"score":0.7773106098175049},{"id":"https://openalex.org/C2984760201","wikidata":"https://www.wikidata.org/wiki/Q1785212","display_name":"Financial distress","level":2,"score":0.7290228605270386},{"id":"https://openalex.org/C2777388754","wikidata":"https://www.wikidata.org/wiki/Q1664594","display_name":"Bankruptcy prediction","level":3,"score":0.657322347164154},{"id":"https://openalex.org/C198082294","wikidata":"https://www.wikidata.org/wiki/Q3399648","display_name":"Position (finance)","level":2,"score":0.5980861783027649},{"id":"https://openalex.org/C182306322","wikidata":"https://www.wikidata.org/wiki/Q1779371","display_name":"Order (exchange)","level":2,"score":0.5666047930717468},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5263339877128601},{"id":"https://openalex.org/C29825287","wikidata":"https://www.wikidata.org/wiki/Q1427940","display_name":"Warning system","level":2,"score":0.5188292264938354},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.4412078857421875},{"id":"https://openalex.org/C139265228","wikidata":"https://www.wikidata.org/wiki/Q5283089","display_name":"Distress","level":2,"score":0.42960745096206665},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.33220186829566956},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3182792663574219},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.300871342420578},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.21558192372322083},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.11695614457130432},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.09597721695899963},{"id":"https://openalex.org/C45355965","wikidata":"https://www.wikidata.org/wiki/Q1643441","display_name":"Socioeconomics","level":1,"score":0.07419762015342712},{"id":"https://openalex.org/C542102704","wikidata":"https://www.wikidata.org/wiki/Q183257","display_name":"Psychotherapist","level":1,"score":0.0},{"id":"https://openalex.org/C146978453","wikidata":"https://www.wikidata.org/wiki/Q3798668","display_name":"Aerospace engineering","level":1,"score":0.0},{"id":"https://openalex.org/C2779357621","wikidata":"https://www.wikidata.org/wiki/Q655495","display_name":"Tanzania","level":2,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.5539/ijbm.v10n12p269","doi":"https://doi.org/10.5539/ijbm.v10n12p269","is_oa":true,"landing_page_url":"https://doi.org/10.5539/ijbm.v10n12p269","pdf_url":"http://www.ccsenet.org/journal/index.php/ijbm/article/download/54096/29331","source":{"id":"https://openalex.org/S4210230633","display_name":"International Journal of Business and Management","issn_l":"1833-3850","issn":["1833-3850","1833-8119"],"is_oa":true,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-scientific","cwts-core"],"host_organization":"https://openalex.org/P4310322531","host_organization_name":"Canadian Center of Science and Education","host_organization_lineage":["https://openalex.org/P4310322531"],"host_organization_lineage_names":["Canadian Center of Science and Education"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Business and Management","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.5539/ijbm.v10n12p269","doi":"https://doi.org/10.5539/ijbm.v10n12p269","is_oa":true,"landing_page_url":"https://doi.org/10.5539/ijbm.v10n12p269","pdf_url":"http://www.ccsenet.org/journal/index.php/ijbm/article/download/54096/29331","source":{"id":"https://openalex.org/S4210230633","display_name":"International Journal of Business and Management","issn_l":"1833-3850","issn":["1833-3850","1833-8119"],"is_oa":true,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-scientific","cwts-core"],"host_organization":"https://openalex.org/P4310322531","host_organization_name":"Canadian Center of Science and Education","host_organization_lineage":["https://openalex.org/P4310322531"],"host_organization_lineage_names":["Canadian Center of Science and Education"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Business and Management","raw_type":"journal-article"},"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"id":"https://metadata.un.org/sdg/17","display_name":"Partnerships for the goals","score":0.4300000071525574}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W3124057342.pdf","grobid_xml":"https://content.openalex.org/works/W3124057342.grobid-xml"},"referenced_works_count":10,"referenced_works":["https://openalex.org/W144047130","https://openalex.org/W1559755654","https://openalex.org/W1576604515","https://openalex.org/W1971052615","https://openalex.org/W2016207894","https://openalex.org/W2052796639","https://openalex.org/W2053517496","https://openalex.org/W2124532504","https://openalex.org/W2152618789","https://openalex.org/W4234309078"],"related_works":["https://openalex.org/W6969529764","https://openalex.org/W2345355499","https://openalex.org/W4205793695","https://openalex.org/W3122675335","https://openalex.org/W3128834662","https://openalex.org/W2555801175","https://openalex.org/W2477882031","https://openalex.org/W2807037662","https://openalex.org/W6226335","https://openalex.org/W4411124907"],"abstract_inverted_index":{"Prediction":[0],"of":[1,27,35,37,56,63,89,101,116,128],"bankruptcy":[2,36,75],"is":[3,20,30,143],"crucial":[4],"as":[5,138],"the":[6,16,33,38,42,53,64,84,102,106,114,121,129,133,141],"early":[7],"warning":[8],"may":[9,14],"change":[10],"entire":[11],"complications":[12],"and":[13,95,113],"avoid":[15],"high":[17],"cost":[18],"that":[19,99,126,137],"associated":[21],"with":[22],"distress.":[23,96],"The":[24,48,124],"main":[25],"purpose":[26],"this":[28],"study":[29],"to":[31,41,70,82,105],"examine":[32],"likelihood":[34],"firms":[39],"belonging":[40,104],"Trading":[43,107],"Sector":[44,108],"in":[45,80,86,110,120,144],"Sri":[46],"Lanka.":[47],"research":[49],"used":[50],"data":[51],"from":[52,68],"financial":[54,90,111],"reports":[55],"seven":[57],"trading":[58],"companies":[59,85,103,130],"for":[60],"a":[61,139,145],"period":[62],"last":[65],"five":[66],"years":[67],"2010":[69],"2014.":[71],"Altman\u2019s":[72],"original":[73],"(1968)":[74],"model":[76],"has":[77],"been":[78],"applied":[79],"order":[81],"classify":[83],"various":[87],"levels":[88],"position":[91],"namely":[92],"safe,":[93],"grey":[94,122],"Findings":[97],"reveal":[98],"71%":[100],"were":[109,119],"distress":[112],"rest":[115],"whole":[117,140],"29%":[118],"zone.":[123],"fact":[125],"none":[127],"lie":[131],"under":[132],"safe":[134],"zone":[135],"highlights":[136],"sector":[142],"menace.":[146]},"counts_by_year":[{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":7},{"year":2022,"cited_by_count":5},{"year":2021,"cited_by_count":4},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":4},{"year":2016,"cited_by_count":2}],"updated_date":"2026-10-08T09:06:37.294493","created_date":"2021-02-01T00:00:00"}