Testing the Efficacy of Bankruptcy Prediction Models : A Study of Jet Airways (Record no. 54946)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 02490nam a22002537a 4500 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | OSt |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20240514145530.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 240514b |||||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Dhingra , Deepika P. |
| 9 (RLIN) | 38910 |
| 245 ## - TITLE STATEMENT | |
| Title | Testing the Efficacy of Bankruptcy Prediction Models : A Study of Jet Airways |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 8-24 p. |
| Other physical details | paper |
| 500 ## - GENERAL NOTE | |
| General note | Purpose : This study aimed to test the efficacy of four prediction models – the Altman Z score model, the Zmijewski model, the Pilarski model, and the Springate model to examine their efficacy in forecasting the downfall of Jet Airways.<br/><br/>Methodology : To assess the financial condition of Jet Airways from 2011–2018, scores of the Altman Z score model, Zmijewski model, Pilarski model, and Springate model were calculated. Further, to assess the statistical differences in means, the study used SPSS to conduct one-way ANOVA tests. Post hoc tests were also employed to identify the most accurate model.<br/><br/>Findings : All four models were found to be efficient in predicting the bankruptcy of Jet Airways. According to the one-way ANOVA test findings, the Zmijewski model emerged as the most accurate model (M = 2.278); whereas, the Springate model displayed the least predictive accuracy (M = –0.103). Post-Hoc Games-Howell test results revealed that the Zmijewski model surpassed other models in predicting insolvency, while the Springate model exhibited the least predictive ability to predict the distress of Jet Airways (2011 – 2018).<br/><br/>Practical Implications : Insights from this study are expected to assist aviation companies in identifying early signs of financial distress. The study will be useful for management to manage financial risks and safeguard long-term sustainability and competitiveness in the industry.<br/><br/>Originality/Value : The results of the study were able to provide an accurate assessment of the financial position of Jet Airways during 2011–2018 and its impending bankruptcy. The idea of using the combination of all four models in the case of Jet Airways is a novel approach. |
| 653 ## - INDEX TERM--UNCONTROLLED | |
| Uncontrolled term | Jet Airways, |
| Uncontrolled term | Bankruptcy, |
| Uncontrolled term | Bankruptcy Prediction Models, |
| Uncontrolled term | Forecasting, |
| Uncontrolled term | Econometrics |
| Uncontrolled term | Financial Management |
| Uncontrolled term | Air Transportation. |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Sharma, Seema |
| 9 (RLIN) | 38911 |
| Personal name | Ashok, Shruti |
| 9 (RLIN) | 38912 |
| 773 0# - HOST ITEM ENTRY | |
| Host Biblionumber | 29384 |
| Host Itemnumber | 83555 |
| Main entry heading | GILANI,S. |
| Other item identifier | 55514165 |
| Title | INDIAN JOURNAL OF FINANCE |
| International Standard Serial Number | 0973-8711 |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Source of classification or shelving scheme | Dewey Decimal Classification |
| Koha item type | Journal Article |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Home library | Current library | Date acquired | Total Checkouts | Full call number | Barcode | Date last seen | Price effective from |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dewey Decimal Classification | Main Library | Main Library | 14/05/2024 | JRNL/FIN / 55514165JA1 | 55514165JA1 | 14/05/2024 | 14/05/2024 |