An analysis of Z-scores and performance: Manufacturing companies in Hong Kong

• Main Authors: FOO, S.L., SHAAKALYA PATHAK
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2019
• Subjects: Financial health; corporate performance; manufacturing; Altman z-score; ROE; Hong Kong; HKSE; SEHK; Accounting; Asian Studies; Corporate Finance
• Online Access: https://ink.library.smu.edu.sg/soa_research/1823; https://ink.library.smu.edu.sg/context/soa_research/article/2850/viewcontent/5709_19087_2_PB_pv.pdf
• Institution: Singapore Management University

Hong Kong is a key leading economy in the Asia Pacific region. This study examines the relationship between the financial health, as measured by the Altman Z-Score, and corporate performance, as measured by the Return on Equity (ROE), of listed manufacturing companies in this market. A linear regres...