Assessing Financial Soundness of Ceramics Industry in Bangladesh: An Analysis with Altman Z-score Model

- Al Amin, M. (2023). Comparative Analysis of Credit-Strength among Industries of Bangladesh: Altman’s Z-score Measurement. Journal of Sustainable Business and Economics, 6(1), 26-43.

- Al Masum, A. (2012). Performance evaluation of selected ceramic companies of Bangladesh. Asian Business Review, 1(1), 37-48.

- Ali, M. R., Rahman, M. M., & Mahmud, M. S. (2016). Financial soundness of textile industry: Altman Z-score measurement. Journal of Science and Technology, 14, 8-17.

- Altman E I.1968. Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy, The Journal of Finance, 23: 589-609.

- Altman, E. I., Iwanicz‐Drozdowska, M., Laitinen, E. K., & Suvas, A. (2017). Financial distress prediction in an international context: A review and empirical analysis of Altman's Z‐score model. Journal of International Financial Management & Accounting, 28(2), 131-171.

- Azim, M. D., Ahmed, H., & Khan, A. S. (2015). Operational performance and profitability: An empirical study on the Bangladeshi Ceramic companies. International Journal of Entrepreneurship and Development Studies, 3(1), 63-74.

- Ceramics industry (2023). Retrieved from World Wide Web: https://bida.gov.bd/ceramics Last accessed 12 December 2023.

- Del Rio, D. D. F., Sovacool, B. K., Foley, A. M., Griffiths, S., Bazilian, M., Kim, J., & Rooney, D. (2022). Decarbonizing the ceramics industry: A systematic and critical review of policy options, developments and sociotechnical systems. Renewable and Sustainable Energy Reviews, 157, 112081.

- Forkan, G. M. (2010). Ceramics Tableware Products’ Market Positioning: A Comparative Study on Leading Companies in Bangladesh.

- Forkan, G. M., & Ahmed, K. F. (2011). Marketing strategies of tableware ceramics industry of Bangladesh: Some empirical evidence from international players. ASA University Review, 5(1), 251-260.

- Jahan, I., & Zaman, F. (2017). Analysis of the Financial Soundness of Footwear Industry in Bangladesh: An Empirical Study using Z-score. Global Disclosure of Economics and Business, 6(1), 51-60.

- Jahan, N. (2010). Ceramic industry of Bangladesh: A perspective from Porter’s five forces model. Ceramic Industry, 5(02).

- Lorenzo, R., Valentinuz, G., Dario, O., & Pediroda, V. (2020). Bankruptcy Prediction: A Model Based on Cash Flow Ratios: Evidence from Selected European Countries. International Journal of Business Administration, 11(6), 89-108.

- Mahbuba, S. (2015). Assessing financial soundness of tannery industry in Bangladesh: An empirical investigation using Z-score. European Journal of Business and Management, 7.

- Mahmood, M. A. A., Rahman, M. S., & Zaman, T. (2013, November). Ceramics in Bangladesh: its recent evolution and future prospect. In International Conference of Mechanical, Industrial and Materials Engineering, RUET, Rajshahi (pp. 1-3).

- Manousaridis, C. O. (2017). Z-Altman's model effectiveness in bank failure prediction-the case of European banks.

- Mizan, A. N. K., & Hossain, M. M. (2017). Financial soundness of Cement industry of Bangladesh: An empirical investigation using z-score. SSRN.

- Nayem, T. A. (2022). Predicting Bankruptcy Risk of Domestic Pharmaceuticals Company in Bangladesh Using Altman's Z Score Model. Tallinn University of Technology, Estonia.

- Parvin, A., Rahman, B., & Nitu, A. A. (2013). Prediction of Financial Health of Banking Industry in Bangladesh Using Altman’s Z Score: A Comparison Between State-Owned Commercial Banks and Private Commercial Banks. In Proceeding of the International Conference for Bankers and Academics (pp. 335-344).

- Rahman, M. R., Rahman, M. M., & Subat, A. (2022). Is the general insurance business in bangladesh financially distressed? Labuan Bulletin of International Business and Finance (LBIBF), 20(1), 25-41.

- Rahman, S. M. K., Islam, M. K., & Hossain, M. M. (2021). Leverage induced financial distress of manufacturing firms in Bangladesh: a comparison between listed MNCs and domestic firms by applying Altman’s z score model. Indian Journal of Finance and Banking, 5(2), 28-43.

- Sharma, I. (2022). Determinants of Profitability: A Study on Ceramic Industry in Bangladesh. Journal of Business and Entrepreneurship, 10(2), 161-169.

- Sina, M. A., Huda, M. N., Hossain, H., & Sabur, M. A. (2020). Identification of Sickness of Some Selected Garment Factories in Bangladesh and Its Remedial Measures: An Application of Altman’s Z-Score Model. American Journal of Industrial and Business Management, 10(12), 1823.

- Wadud, M. A. (2017). Risk Adjusted Performance Analysis of the Cement, Ceramic, Tannery and IT Industry in Bangladesh. Ceramic, Tannery and IT Industry in Bangladesh (September 17, 2017).

- Winarso, E., & Edison, T. A. (2019). Perbandingan Analisis Model Z”-Score Altman Modifikasi, Model X-Score Zmijewski, Model G-Score Grover, Dan Model S-Score Springate Untuk Menganalisis Ketepatan Prediksi Kebangkrutan:(Studi Pada Perusahaan Manufaktur Sektor Industri Pelengkap Otomotif Yang Terdaftar di BEI periode 2016-2017). Journal of Accounting, Finance, Taxation, and Auditing (JAFTA), 1(2), 1-13.