<abstract xmlns="http://www.w3.org/1999/xhtml">
<p>This study examines the hierarchical relationships and inter dependencies of financial factors impacting companies’ health, using Total Interpretive Structural Modelling and Matrice d’Impacts Croisés Multiplication Appliquée à un Classement analyses. It identifies key financial factors and their influences. Findings reveal credit risk as a pivotal factor with substantial impact on other parameters. Solvency, capital adequacy, and Tier 1 capital ratios are also key determinants of financial health. The study further categorizes factors into independent, linkage, autonomous, and dependent categories. This research offers valuable insights for managers, policymakers, and investors aiding decision-making. </p>
</abstract>

This study examines the hierarchical relationships and inter dependencies of financial factors impacting companies’ health, using Total Interpretive Structural Modelling and Matrice d’Impacts Croisés Multiplication Appliquée à un Classement analyses. It identifies key financial factors and their influences. Findings reveal credit risk as a pivotal factor with substantial impact on other parameters. Solvency, capital adequacy, and Tier 1 capital ratios are also key determinants of financial health. The study further categorizes factors into independent, linkage, autonomous, and dependent categories. This research offers valuable insights for managers, policymakers, and investors aiding decision-making.

Deciphering Financial Health and Risk: Hierarchical Relationships and Interdependencies among Key Factors

Acta Universitatis Sapientiae, Economics and Business

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

This study examines the hierarchical relationships and inter dependencies of financial factors impacting companies’ health, using Total Interpretive Structural...

Deciphering Financial Health and Risk: Hierarchical Relationships and Interdependencies among Key Factors

Published Online: Oct 19, 2023

Page range: 162 - 185

DOI: https://doi.org/10.2478/auseb-2023-0008

Keywords
financial health, credit risk, TISM, MICMAC, interdependent financial factors

© 2023 Mayank Jain et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Deciphering Financial Health and Risk: Hierarchical Relationships and Interdependencies among Key Factors

Published Online: Oct 19, 2023

Page range: 162 - 185

DOI: https://doi.org/10.2478/auseb-2023-0008

Keywordsfinancial health, credit risk, TISM, MICMAC, interdependent financial factors

© 2023 Mayank Jain et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Keywords
financial health, credit risk, TISM, MICMAC, interdependent financial factors