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Kamat, Manoj S.
- Recalibration and Application of Springate, Zmijewski and Grover Bankruptcy Models in Indian Banking Sector
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Authors
Affiliations
1 Assistant Professor, Department of Accountancy, S.V.S. Sridora Caculo College of Commerce and Management Studies, Khorlim, Goa, IN
2 Principal, Shree Mallikarjun College, Goa, IN
1 Assistant Professor, Department of Accountancy, S.V.S. Sridora Caculo College of Commerce and Management Studies, Khorlim, Goa, IN
2 Principal, Shree Mallikarjun College, Goa, IN
Source
International Journal of Business Analytics and Intelligence, Vol 7, No 2 (2019), Pagination: 19-27Abstract
Objectives: Banks’ failure is a significant concern to the economy as it creates high cost and heavy losses to the individual banks and society. To avoid the risk of bank failure, banks need to find reliable ways to predict bankruptcy. Certain bankruptcy models are not working in the current economic environment. Therefore, the objective of the present paper is to recalibrate and apply Springate, Zmijewski and Grover models to assess the Indian banks’ bankruptcy. Method the current study tries to recalibrate the said models by considering the fact of models criticism in past studies with respect to their predictive power, selection of variables, time factor, accuracy rate, change in the economic environment, etc. Models are recalibrated by changing coefficients of the original models using current data through multiple regression technique. Further, this study applies the recalibrated bankruptcy models such as Springate, Zmijewski and Grover to assess the banks’ bankruptcy. Results the result shows that the recalibrated Grover model outperforms the original model; however in case of Springate and Zmijewski model, original model performs better than the recalibrated model. Conclusion the implications of the study direct the Reserve Bank of India to make a policy of using advanced modes such as Multiple Discriminant Analysis technique, logit, Probit models along with the CAMEL model for the financial health assessment of banks.Keywords
Recalibration, Bankruptcy Models, Springate Model, Zmijewski Model, Grover Model, Banking Sector.References
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- Determinants of Earnings of Motorized Canoes in Goa: An Analysis
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Authors
Affiliations
1 Department of Commerce, Goa University, and Associate Professor, Department of Commerce, MES College of Arts and Commerce, Zuarinagar 403726, Goa, IN
2 DPM’s Shree Mallikarjun College, Canacona, Goa and Research Guide, Research Centre in Commerce, VVM’s Shree Damodar College of Commerce and Economics, Margao 403601, Goa, IN
1 Department of Commerce, Goa University, and Associate Professor, Department of Commerce, MES College of Arts and Commerce, Zuarinagar 403726, Goa, IN
2 DPM’s Shree Mallikarjun College, Canacona, Goa and Research Guide, Research Centre in Commerce, VVM’s Shree Damodar College of Commerce and Economics, Margao 403601, Goa, IN
Source
Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 62, No 4 (2020), Pagination: 396-402Abstract
Primary data was collected using simple random sampling method through interview schedules from 140 traditional fishermen owning 26-38 ft motorized fishing canoes with engine capacities varying from 8 to 9.9 horsepower in the six coastal talukas in North and South Goa. Determinants of the economic earnings from motorized canoes with the log-log model of multiple regression examined the impact of selected input of factors of production on the gross earnings from fish catch show that three independent variables, namely, horsepower, fishing hours and fuel costs had a statistically significant positive relationship on the dependent variable of gross earnings. Motorized fishing units have created employment opportunities to the people in the marine villages.References
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