TITLE:
Identification of Sickness of Some Selected Garment Factories in Bangladesh and Its Remedial Measures: An Application of Altman’s Z-Score Model
AUTHORS:
Md. Abu Sina, Md. Nazmul Huda, Hamayet Hossain, Md. Abdus Sabur
KEYWORDS:
Industrial Sickness, Garment Factories, and Altman’s Z-Score Model
JOURNAL NAME:
American Journal of Industrial and Business Management,
Vol.10 No.12,
December
23,
2020
ABSTRACT: The study is an attempt to identify sickness of selected garment factories in Bangladesh by the applications of Altman’s Z-Score Model and provide a set of remedial measures. Based on the secondary data, two hypotheses are formulated in this regard. Comparative analysis of descriptive statistics, ANOVA, Pearson co-relation coefficient and regression analysis are conducted to reach the objective. Altman’s Z-Score found that BHML (1.28) and Generation (0.55) garment factories are in sick zone (Less than 1.81). The garment factory-Style shows that its position is out of sick zone (2.99