Leveraging Financial Data for Research: An Empirical Demonstration of Statistical Tools on Key Variables
Article Sidebar
Main Article Content
The paper has made an attempt to understand the application of financial variables on research. The paper has identified some key variables in accounting and finance and the way the ratios show the relationship among the variables. The paper has brought forth statistical application of accounting variables for selected companies during the period. By applying the technique of ANOVA, it is understood that the selected companies employ different amount of debt during the period by showing the significant difference in terms of leverage ratio. The application of correlation and regression techniques show the relationship between Non-Performing Asset (NPA) and Return on Equity (ROE)and the extent to which ROE is affected by NPA for the selected period by taking into account of various banks. With the help of Altman Z score the discriminant analysis is carried out to identify the financial health of the firm for the selected period.
Downloads
References
Altman,(1968). “Financial ratios discriminate analysis and prediction of corporate bankruptcy”, Journal of finance, sep. 598
Jayakkodi, D. &Rengarajan , D. P., II. Impact of non-performing assets on return on assets of public and private sector banks in India. International Journal of Applied Research, 2(9), pp. 696-702.
Narula, D. S. &singh, m., II. Empirical Study on Non-Performing Assets of Bank. International Journal of Advance Research in Computer Science and Management Studies, january, 2(1), pp. 194-199.
M.S. Ramaratnam and R. Jayaraman (III), Determinants of Capital Structurewith Special Reference toIndian PharmaceuticalSector: Panel Data Analysis, Journal of Commerce and Accounting Research, Volume 2 Issue 4 October III (Self-cited reference)
Ramaratnam, M. S., & Jayaraman, R. (2010). A study on measuring the financial soundness of select firms with special reference to Indian steel industry–An empirical view with Z score. Asian Journal of Management Research, Online Open Access publishing platform for Management Research, 724-73. (Self-cited reference) www.rbi.org.in www.moneycontrol.com
This work is licensed under a Creative Commons Attribution 4.0 International License.
All articles published in our journal are licensed under CC-BY 4.0, which permits authors to retain copyright of their work. This license allows for unrestricted use, sharing, and reproduction of the articles, provided that proper credit is given to the original authors and the source.