Evaluation of financial failure of healthcare companies traded in BIST with Fulmer H and Springate S Score Models

Autor:	Ünal Şimşek, İnci Merve Altan
Jazyk:	English<br />Turkish
Rok vydání:	2023
Předmět:	financial failure bankruptcy risk fulmer h score model springate s score model finansal başarısızlık i̇flas riski fulmer h skor modeli springate s skor modeli Social Sciences Business HF5001-6182
Zdroj:	Afyon Kocatepe Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, Vol 25, Iss 2, Pp 257-264 (2023)
Druh dokumentu:	article
ISSN:	1302-1966 2651-4117
DOI:	10.33707/akuiibfd.1311861
Popis:	According to modern finance principles, financial failure occurs when companies fail to meet their obligations regarding assets and liabilities. Determining the financial performance of health companies traded on the BIST will ensure that health expenditures that concern the entire society are transferred to appropriate areas with maximum social benefit. This study evaluates whether companies operating in the health field and whose shares are traded in BIST carry the risk of financial failure. For this purpose, financial risk situations were examined with Fulmer H and Springate S score models using the financial statement data of 8 companies in the BIST100 index over the period 2019–2022. The results show that all but one of the health companies traded on the BIST are not facing financial failure.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/5d644b6c1c00422b9cbc5df222ea29ee Zobrazit plný text záznamu View record in DOAJ Plný text ve formátu PDF