Browsing by Subject "Bankruptcy"
Now showing items 1-5 of 5
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Development and validation of bankruptcy prediction indicators of JSE listed companies
(North-West University (South Africa), 2021)The first attempt to identify bankruptcy as a result of financial distress dates back to the 1930s, when the first researchers Fitzpatrick (1931) and Merwin (1942) attempted to identify the potential of financial ratios ... -
An evaluation of the going concern principle on JSE-listed companies
(North-West University (South Africa), 2023)Failure prediction has long fascinated investors, managers, and academics. When a company becomes financially distressed or possibly even has to liquidate, the impact and economic costs are significant, and the owners ... -
Extensions and applications of Merton’s model of capital structure
(North-West University, 2017)Merton’s structural model offers a powerful and intuitively appealing approach to the evaluation of a firm’s capital structure choices and market behaviour across a firm’s issued debt and equity securities. Historical ... -
The performance of debt and equity markets in Anglo American Plc and BHP Billiton Plc in the period 2006 to 2015 through the lens of Merton’s structural model
(AOSIS, 2019)This article applies the Merton structural model in evaluating the performance of the debt and equity markets in Anglo American Plc and BHP Billiton Plc in the period 2006 to 2015. We consider statistical and economic ... -
The value of financial ratio analysis in predicting the failure of JSE listed companies
(2014)The objective of this study investigated the successful prediction of business failure of JSE listed companies using financial ratio analysis. During the research, financial statement data of failed and non-failed JSE ...