Assessment of Financial Distress Conditions of Commercial Banks in Ethiopia: A Case study of Selected Private Commercial Banks
作者： Ephrem Gebreslassie
DOI:
关键词: Finance 、 Profit (accounting) 、 Financial distress 、 Panel data 、 Positive accounting 、 Financial health 、 Banking industry 、 Economics
摘要: The current trend in Ethiopian banking industry is that it showing progress performance and almost all banks are reporting positive accounting profit. However, profitable companies should not be a guarantee the can survive to fulfill its liabilities. This due fact that not all of profit can be cashed as source funds or available for covering obligations. Based on this fact, study attempts made identify financial distress conditions determinants selected private commercial Ethiopia. first assessed health of using Altman Z-score model (ZETA Analysis) estimated panel data starting from 2002/03 2011/12 six Finding shows good improving time time, but some fluctuating observed. Keywords: Financial Distress Conditions, Z-Core Model Analysis (AZMA), Private Commercial Banks
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