Financial Distress Prediction Models: A Case of Zimbabwean Manufacturing Companies
The aim of the study was to develop a model that predicts financial failure of manufacturing companies in Zimbabwe using Altman Z-Score, Logistics Regression and Multivariate Discriminant Analysis. The research used a sample of nine (9) ZSE listed manufacturing companies over a four year period (2017-2020) using Multivariate Discriminant Analysis , logistics regression and Altman Z-Score methods. The findings from Multivariate Discriminant Analysis (MDA) show that Eleven (11) (64.7%) cases ...