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

Authors

  • Justyna Lewandowska University of Lodz, Faculty of Economics and Sociology, Department of Finance and Accounting
  • Beata Jakubczyk University of Lodz, Faculty of Economics and Sociology, Department of Finance and Accounting

DOI:

https://doi.org/10.18778/2391-6478.2.1.03

Keywords:

bankruptcy, crisis, discrimination analysis, model Altman

Abstract

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.

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References

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Schwartz A., 2004, A Normative Theory of Business Bankruptcy, Yale University.

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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.

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Published

2015-03-30

Issue

Section

Article

How to Cite

Lewandowska, Justyna, and Beata Jakubczyk. 2015. “Altmanʼs Model As an Instrument for the Evaluation of the Financial Situation of the Alma Market S.A”. Journal of Finance and Financial Law 2 (1): 21-34. https://doi.org/10.18778/2391-6478.2.1.03.