[1. Al-Sulaiti, K.I., Almwajeh, O. (2007), “Applying Altman Z-score model of bankruptcy on service organizations and its implications on marketing concepts and strategies”, Journal of International Marketing & Marketing Research, Vol.32, No.2, pp. 59-74.]Search in Google Scholar
[2. Altman, E., (1968), “Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy,” Journal of Finance, vol.34, No. 4, pp.589-609.10.1111/j.1540-6261.1968.tb00843.x]Search in Google Scholar
[3. Altman, E.I. (1968), “ Financial ratios, discriminant analysis and prediction of corporate bankruptcy”, Journal of Finance,Vol.23, No.4, pp. 189-209.10.1111/j.1540-6261.1968.tb00843.x]Search in Google Scholar
[4. Altman, E.I. (2006), Corporate financial distress and bankruptcy: Predict and avoid bankruptcy, analyze and invest in distressed debt, Wiley. Hoboken, NJ:.10.1002/9781118267806]Search in Google Scholar
[5. Beaver, W.,(1968), “Alternative Accounting Measures as Predictors of Failure,” Accounting Review, Vol.43, No.1, pp.676-683]Search in Google Scholar
[6. Beaver, W., (1967), “Financial Ratios as Predictors of Failures,” in Empirical Research in Accounting, selected studies, 1966 in supplement to the Journal of Accounting Research, pp. 71-111.]Search in Google Scholar
[7. Deakin, E. B., (1972), “A Discriminant Analysis of Predictors of Business Failure,” Journal of Accounting Research, Vol.10, No.1, pp.167-179.10.2307/2490225]Search in Google Scholar
[8. Ferrier, W.J., Mac Fhionnlaoich, C., Smith, K.G., & Grimm, C.M. (2002).” Impact of performance distress on aggressive competitive behavior: A reconciliation of conflicting views”, Managerial & Decision Economics, Vol.23, pp.301-316.]Search in Google Scholar
[9. Hayes, S.K., Hodge, K.A. and Hughes, L.W. (2010). ”A Study of the Efficacy of Altman’s Z To Predict Bankruptcy of Specialty Retail Firms Doing Business in Contemporary Times”, Economics & Business Journal: Inquiries & Perspectives, Vol. 3, No.1, pp.130-134.]Search in Google Scholar
[10. Moyer, S.G. (2005). Distressed debt analysis: Strategies for speculative investors. Ross Publishing, Fort Lauderdale.]Search in Google Scholar
[11. Наумоски, А. (2013) Процена на премијата за ризик на акционерскиот капитал во компаниите во Република Македонија, Економски факултет, Скопје]Search in Google Scholar
[12. Odipo, M. k, Sitati, A. (2008) “Evaluation of applicability of Altman’s revised model in prediction of financial distress: a case of companies quoted in the Nairobi Stock Exchange”]Search in Google Scholar