Financial structure and earnings manipulation activities in China

ANALISIS PREDIKSI POTENSI KEBANGKRUTAN PADA PT BANK MUAMALAT INDONESIA Tbk PERIODE 2012-2016 DENGAN MENGGUNAKAN METODE ALTMAN MODIFIKASI

el-jizya Jurnal Ekonomi Islam ◽

10.24090/ej.v5i2.1884 ◽

2017 ◽

Vol 5 (2) ◽

pp. 287-324

Author(s):

Dewi Laela Hilyatin

Keyword(s):

Financial Performance ◽

Financial Structure ◽

Financial Statements ◽

Financial Ratios ◽

Z Score ◽

Altman Analysis ◽

Gray Area ◽

Modification Method ◽

A Company

Abstract Bankruptcy is a very essential issue that every company should be aware of. Bankruptcy of a company can be minimized by advanced prediction; such as analyzing the financial statements. This study discusses the financial performance of PT Bank Muamalat Indonesia Tbk, which indicates that there is a degression in some number of financial ratios, the closing of offices and firing of employees in 2012-2016, causing he fact that BMI must pay attention and improve its financial performance and anticipate the existence of a bankruptcy in the company. Based on Altman analysis modification for financial performance of PT Bank Muamalat Indonesia Tbk in 2012-2016, it found Z-Score value of 0,825, 0,659, 1,243, 0,982 and 0,892. Based on Z-Score criteria, PT Bank Muamalat Indonesia Tbk is predicted to experience problems in management and financial structure and also in potentially bankruptcy due to Z-Score value <1,1 while the highest Z-Score value is in 2014, which shows the value of Z-Score>1,1 and <2,6, which means the company is in the gray area, meaning the company’s category is not said to be bankrupt and also not healthy. Keywords: Bankruptcy, Altman Modification Method

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Financial Structure, Corporate Savings, and Current Account Imbalances

CFA Digest ◽

10.2469/dig.v45.n11.8 ◽

2015 ◽

Vol 45 (11) ◽

Author(s):

Pamela G. Yang

Keyword(s):

Current Account ◽

Financial Structure ◽

Current Account Imbalances ◽

Account Imbalances

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Modernizing the lending facility under concession agreements

Finance and Credit ◽

10.24891/fc.26.7.1590 ◽

2020 ◽

Vol 26 (7) ◽

pp. 1590-1609

Author(s):

V.A. Rakhaev

Keyword(s):

Financial Structure ◽

Bank Lending ◽

Early Termination ◽

Scientific Methods ◽

Financial Condition ◽

Revenue Collection ◽

Analysis And Synthesis ◽

Financing Mechanism ◽

General Scientific ◽

The Russian Federation

Subject. The article addresses modernization of lending facilities under concession agreements. It is important for evaluating the terms of credit transactions, effectiveness of credit projects, and the concessionaire's ability to repay the loan. Objectives. The purpose is to review the current financing mechanism and underpin approaches to improving the credit facilities within concession agreements. Methods. The study rests on general scientific methods, like the systems and logical analysis and synthesis, principles of induction and deduction, financial calculation techniques. The analytical part employs the balance method, methods of financial coefficients and the method of technical and economic estimates. Results. I analyzed the financial structure and special characteristics of concession agreements, parameters of concessionaires’ activities; considered the types of risks inherent in bank lending under concession agreements, methods for their identification and mitigation; offered a mechanism of lending, including the structure of credit transactions, restrictions for the financial condition of concessionaires, additional requirements and penalties for their non-fulfillment. The findings can help banks define lending parameters for concession agreements. The provided recommendations may be useful for consideration by the authorities of the constituent entities of the Russian Federation. Conclusions. It is possible to reduce the risks of lending under concession contracts, if their terms and conditions are stable, and if the lost income of concessionaires is compensated in the event of early termination. Reasonable tariffs for works and services and increased revenue collection will promote this type of lending.

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