Predicting financial status of healthcare and property sector in Malaysia

Rosle, Alia Nadira and Ismail, Munira and Abdul Razak, Fatimah and Bahaludin, Hafizah (2024) Predicting financial status of healthcare and property sector in Malaysia. In: 5th International Conference on Mathematical Sciences (ICMS5), 16th - 17th May 2023, Bangi, Selangor, Malaysia.

PDF (Full Paper) - Published Version Restricted to Repository staff only Download (1MB) | Request a copy

Abstract

In 2020, the rapid and widespread impact of COVID-19 as a severe public health threat affected countries worldwide, causing significant social and economic disruptions. This preliminary study examines the financial conditions of the healthcare and property sectors in Malaysia before and during the COVID-19 pandemic by using the Altman Z-score. The study sample includes 20 healthcare companies and 81 property companies listed on the Kuala Lumpur Stock Exchange between 2018 and 2021, as extracted from Eikon DataStream. It was discovered that most healthcare companies were financially secure both before and during the COVID-19 pandemic, whereas most property companies were in financial distress even before the pandemic began. These findings suggest that the healthcare sector was more stable than the property sector before and after the COVID-19 pandemic.

Item Type:	Proceeding Paper (Plenary Papers)
Additional Information:	9007/114678
Subjects:	Q Science > QA Mathematics
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Science > Department of Computational and Theoretical Sciences Kulliyyah of Science
Depositing User:	Hafizah Bahaludin
Date Deposited:	26 Sep 2024 17:07
Last Modified:	27 Sep 2024 10:29
URI:	http://irep.iium.edu.my/id/eprint/114678

Actions (login required)

View Item