Predicting financial distress in the food production sector: a dual-model approach using Z-score and O-score methods

Abstract This paper presents the first application of Altman's Z''-Score EMS and Ohlson's O-Score models to predict financial distress for unlisted food companies in Colombia, the first such case for an emerging Latin American economy. Based on the above, it analyzes 147 firms fr...

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Bibliographic Details
Main Authors: Carmen Sánchez-Almeyda, Jairo González-Bueno, Viktor Koval, Nydia Reyes-Maldonado, Halyna Kryshtal, Olena Zharikova
Format: Article
Language:English
Published: Springer 2025-07-01
Series:Discover Sustainability
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Online Access:https://doi.org/10.1007/s43621-025-01348-w
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