The application of KMV-Merton model and Altman Z-Score model in determining credit score of firms / 'Afifah Filza Ahmad Rubaa'i, Nurul Atiqah Syazwani Samsudin and Humairah 'Aisyah Azmi

• Main Authors: Ahmad Rubaa'i, 'Afifah Filza, Samsudin, Nurul Atiqah Syazwani, Azmi, Humairah 'Aisyah
• Format: Student Project
• Language: English
• Published: 2018
• Subjects: Mathematical statistics. Probabilities; Data processing; Analytical methods used in the solution of physical problems
• Online Access: https://ir.uitm.edu.my/id/eprint/49501/1/49501.pdf; https://ir.uitm.edu.my/id/eprint/49501/

Most of the firms' managers believe that their firms are in a good condition as they are able to generate profits. They are not aware that the obligations holds on debts or liabilities will probably cause them to default. Default is an element of the credit risk where it is defined as a risk th...