Recherchers economiques manageriales
Volume 14, Numéro 4, Pages 87-106
2020-06-30

A Comparative Study Between Altman, Kida And Sherrod's Model In Predicting The Financial Failure Of Listed Companies In Amman Stock Exchange

Authors : Medjoub Alaeddine . Houas Abderrezzak .

Abstract

This paper aimed to conduct a comparative analytical study between Altman, Kida and Sherrod model in predicting the financial failure three years before it occurs a sample of 30 joint stock companies listed on the ASE. The study found that there is a difference in the results of applying the three financial failure prediction models. However, the KEDA model is considered the best in predicting the failure of joint stock companies listed on the ASE during the three years preceding the Failure with a rating accuracy of 66.67%.

Keywords

predict financial failure; Altman model; Kida model; Sherrod model; listed companies in ASE

Financial Ratios And The Prediction Financial Failures Of Companies Listed In Amman Stock Exchange

Houas Abderrezzak .  Oucif Ghedeir Brahim Brahim . 
pages 667-682.