Identifying financial distress firms: a case study of Malaysia’s Government Linked Companies (GLC)

• Main Authors: Khaliq, Ahmad, Motawe Altarturi, Basheer Hussein, Thas Thaker, Hassanudin Mohd, Harun, Md Yousuf, Nahar, Nurun
• Format: Article
• Language: English
• Published: International Journal of Economics, Finance and Management 2014
• Subjects: H Social Sciences (General); HG Finance; HG4001 Financial management. Business finance. Corporation finance.
• Online Access: http://irep.iium.edu.my/75037/1/75037_Identifying%20Financial%20Distress%20Firms.pdf; http://irep.iium.edu.my/75037/; http://www.ejournalofbusiness.org/archive/vol3no3/vol3no3_4.pdf
• Institution: Universiti Islam Antarabangsa Malaysia

The unhealthy financial state can be a massive and can cause long term distress which can result to restrictions of investments activities, capital flows and performance of firms. Thus it is vital for organizations to identify the reasoning that may lead to a corporate failure and take measures acc...