Using the Altman model in measuring the financial failure of a sample of banks listed in the Iraqi Stock Exchange for the period 2016-2020
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Abstract
The aim of the research is to use the Altman model in measuring the financial failure of the banking sector companies listed in the Iraqi Stock Exchange during the period 2016-2020. As well as testing the capabilities of these banks and helping those in charge of their management and those dealing with them to determine the extent of their solvency and ability to face financial fluctuations. The researchers used Altman's model to predict the indicators of financial failure for these companies. The research reached a number of conclusions, the most important of which was the validity of the Altman model in reaching the position of the financial institution from financial failure, as this model classified the bank into four levels according to the parameter (Z-Scour). Therefore the application of this indicator gives us evidence of the safety of the institution from financial failure or lack thereof. To have a higher value for a higher value, a higher value, a higher value, a higher value, a higher value, and the value of this transfer to the Bank of Baghdad. It reflects the floundering banking policy in achieving profits and the efficiency of management in the proper use of those resources. At the level of the sector, the highest value of (Z-Scour) reached in 2017 (Z = 3.06) and its value in 2016 reached (Z = 2.76). This reflects the weakness of the investment incentive and the lack of profits that you obtain as a result of being appointed In this case that is set in the case of severe conditions of flight in this case. On the side of the recommendations, the research recommended the necessity of developing the administrative performance of the bank through their involvement in the management skills development courses and improving their expertise in the field of financial investment in a way that enables them to make optimal use of investment opportunities, which is reflected positively on the profit indicators.
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اولاً. المصادر العربية:
البنك المركزي العراقي، التقرير الاقتصادي السنوي، 2019-2020.
سوق العراق للاوراق المالية، تقرير الشركات، المدة 2016-2020.
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