Financial distress in commercial and services companies listed at Nairobi securities exchange, Kenya

dc.contributor.author	Kihooto, E.
dc.contributor.author	Omagwa, J.
dc.contributor.author	Wachira, M.
dc.contributor.author	Ronald, E.
dc.date.accessioned	2016-12-14T13:41:02Z
dc.date.available	2016-12-14T13:41:02Z
dc.date.issued	2016
dc.description	Research Article	en_US
dc.description.abstract	The study sought to assess financial distress amongst commercial and services companies listed at the Nairobi Securities Exchange, Kenya with an objective of determining whether the companies in this sector were prone to bankruptcy. The study utilized secondary data collected from the Nairobi Securities Exchange over a five year period (year 2009 to year 2013). Using Altman’s Z score model, the study findings indicate that the companies’ Z scores (on average) lay between -1.88 to 3.5. This is an indication that the companies are relatively not in danger of bankruptcy. In view of this findings, the study concludes tha. in addition, the study recommends that….	en_US
dc.identifier.citation	European Journal of Business and Management Vol.8, No.27, 2016; 2222-2839	en_US
dc.identifier.issn	2222-2839
dc.identifier.uri	http://ir-library.ku.ac.ke/handle/123456789/15247
dc.language.iso	en	en_US
dc.publisher	IISTE	en_US
dc.subject	Altman’s model	en_US
dc.subject	Financial distress	en_US
dc.subject	Bankruptcy	en_US
dc.subject	Nairobi Securities Exchange	en_US
dc.title	Financial distress in commercial and services companies listed at Nairobi securities exchange, Kenya	en_US
dc.type	Article	en_US

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