Using Altman Z”-score to predict financial distress: Evidence from Lebanese alpha banks
The main purpose of this research is to prove the validity of the Altman Z”-score model to
expect the financial distress in the Lebanese Alpha banks over the period 2009-2018. The
study begins with a literature review of secondary data from articles, books, financial reports,
previous researches, and periodicals on the Lebanese Alpha Banks. The researchers
calculated the Altman Z”-score for non-manufacturing companies and emerging markets.
Moreover, to reach the specific goal of this study, the researchers used EViews Software and …
expect the financial distress in the Lebanese Alpha banks over the period 2009-2018. The
study begins with a literature review of secondary data from articles, books, financial reports,
previous researches, and periodicals on the Lebanese Alpha Banks. The researchers
calculated the Altman Z”-score for non-manufacturing companies and emerging markets.
Moreover, to reach the specific goal of this study, the researchers used EViews Software and …
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