Sustainable companies: Valuation and Prediction of bankruptcies applying Tobin’s Q and Altman’s Z Score
Keywords:
Mexican Stock Exchange, Sustainable investments, Tobin’s Q, Sustainability, Altman’s ZAbstract
http://doi.org/10.5281/zenodo.4294885
The purpose of this research was to validate if the COVID-19 pandemic affected the financial results of Mexican companies called sustainable and, at the same time, through the values of the Q indicators of Tobin and Z of Altman, to show if an increase was observed, a stability or decrease in the value of these companies, and thereby predict their possible bankruptcy. In order to provide investors with indicators that help them make decisions when investing in sustainable companies. The research considered two sectors of the companies that make up the Sustainable Price and Quotations Index of the Mexican Stock Exchange: consumer products and industrial products. As a result, reliable information was obtained for investors, which analyzed the behavior of the companies through models based on validated data.
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Copyright (c) 2020 Deysi Carmina Peña Ortíz, Sandra Avendaño Cruz
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