Measuring financial health of state-owned enterprises using Altman’s Z score model Resham Kaur Bhambra, Sanjay Sawant Dessai International Journal of Public Sector Performance Management, 2026 Maintaining sound financial health is vital for the survival and growth of an enterprise. Unlike private enterprises, the state-owned enterprises being supported by the government do not face the menace of financial distress but their ill financial health causes a burden on the state budget. Thus, assessing their financial health will help in taking timely corrective measures. This study is an attempt to assess the financial health of the select state-owned enterprises in Goa using Altman's Z score model, which is commonly applied in the private sector to assess the financial health and to predict financial distress. Ten years financial data of the select enterprises is analysed using descriptive statistics and the single factor ANOVA is used to test the hypotheses. Based on the analysis the units are classified into safe, caution and distress zone. Analysis of variance shows significant difference in the financial health of the select state-owned enterprises.
Trend Analysis of Production and Exports of Organic Products: A Statistical Approach Indian Journal of Economics and Development, 2025 Organic farming is gaining momentum as a sustainable agricultural practice in India. According to global organic statistics, India ranks second in organic exports among Asian countries. In this context, the study investigated the trends and dynamics of organic product exports from India. Mann-Kendall test, Sen's slope estimator, and Standard Normal Homogeneity Test (SNHT) were employed to identify and quantify trends in the data. The result showed that the organic area, number of organic producers, organic exports, and value had a significantly increasing trend. The significant change points for the cultivable organic area, the number of organic producers, organic value, and export quantity were in 2020-21, 2018-19, 2011-12, and 2010-11. Sen's Slope result showed that the overall organic exports and organic value increased by 1.10 million metric tonnes and $1,100.57 million per year. The average annual exports were 20.07 million metric tonnes and realized a value of $13,522 million. The study findings provided valuable insights to the policymakers for continued support and planning to enhance the growth of the agricultural sector exports.
RECENT SCHOLAR PUBLICATIONS
Framework for performance evaluation of public sector enterprises-a multi-criteria decision-making approach R Bhambra, SS Dessai International Journal of Public Sector Performance Management 17 (3), 291-310 , 2026 2026.0
Measuring financial health of state-owned enterprises using Altman's Z score model RK Bhambra, SS Dessai International Journal of Public Sector Performance Management 17 (1), 127-137 , 2026 2026.0 Citations: 1
Trend Analysis of Production and Exports of Organic Products: A Statistical Approach JL Velho, SPS Dessai The Society of Economics and Development, 158 , 2025 2025.0
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Primary Education in Goa: A Statistical Perspective C De Souza, DS Sawant Dessai 2018.0
Goods and Services Tax and its Effect on Marketing DS Sawant Dessai Available at SSRN 2971585 , 2017 2017.0
MSME and role of government in MSME development DSS Dessai SSRN , 2017 2017.0 Citations: 6
MSME and Role of Government in MSME Development DS Sawant Dessai Available at SSRN 3072996 , 2016 2016.0 Citations: 5
NITI Aayog Think-Tank for transforming India in Globalised environment DS Sawant Dessai Available at SSRN 2849777 , 2016 2016.0
Post Listing Performance of Initial Public Offers (IPOs) in Indian Capital Market-A Study DSS Dessai SSRN , 2016 2016.0 Citations: 2
Post Listing Performance of Initial Public Offers (IPOs) in Indian Capital Market–A Study DS Sawant Dessai Available at SSRN 2615497 , 2015 2015.0 Citations: 1
Good Governance Practices-A Success' Mantra'for Co-Operative Societies DS Sawant Dessai Available at SSRN 2496053 , 2014 2014.0
Corporate Governance Practices and Protection of Interest of Retail Investors SP SawantDessai Goa University , 2012 2012.0
Corporate Governance and Disclosure Practices: A Study of Sensex (Index) Companies SS Dessai papers. ssrn. com , 2011 2011.0 Citations: 10
Corporate Governance and Disclosure Practices: A Study of SENSEX (Index) Companies I Bhanumurthy, DS Sawant Dessai Available at SSRN 1686650 , 2010 2010.0 Citations: 1
Corporate Governance in India Clause 49 of Listing Agreement I Bhanumurthy, DS Sawant Dessai Available at SSRN 1660285 , 2010 2010.0 Citations: 5
Velho and Dessai: Trend analysis in organic production and exports of organic products JL Velho
Corporate governance practices and protection of interest of retail investors SPS Dessai Goa , 0
MOST CITED SCHOLAR PUBLICATIONS
Corporate Governance and Disclosure Practices: A Study of Sensex (Index) Companies SS Dessai papers. ssrn. com , 2011 2011.0 Citations: 10
Relation between per capita public expenditure on health and income in India at sub-national level F Taylor, SPS Dessai Indian Journal of Public Administration 69 (2), 317-329 , 2023 2023.0 Citations: 6
MSME and role of government in MSME development DSS Dessai SSRN , 2017 2017.0 Citations: 6
MSME and Role of Government in MSME Development DS Sawant Dessai Available at SSRN 3072996 , 2016 2016.0 Citations: 5
Corporate Governance in India Clause 49 of Listing Agreement I Bhanumurthy, DS Sawant Dessai Available at SSRN 1660285 , 2010 2010.0 Citations: 5
Post Listing Performance of Initial Public Offers (IPOs) in Indian Capital Market-A Study DSS Dessai SSRN , 2016 2016.0 Citations: 2
Measuring financial health of state-owned enterprises using Altman's Z score model RK Bhambra, SS Dessai International Journal of Public Sector Performance Management 17 (1), 127-137 , 2026 2026.0 Citations: 1
The Impact of Capital Structure on the Value of the Firm for Select Indian Automobile Companies F Taylor, SP Sawant Dessai Journal of Management (JOM) 5 (5) , 2018 2018.0 Citations: 1
Post Listing Performance of Initial Public Offers (IPOs) in Indian Capital Market–A Study DS Sawant Dessai Available at SSRN 2615497 , 2015 2015.0 Citations: 1
Corporate Governance and Disclosure Practices: A Study of SENSEX (Index) Companies I Bhanumurthy, DS Sawant Dessai Available at SSRN 1686650 , 2010 2010.0 Citations: 1
Framework for performance evaluation of public sector enterprises-a multi-criteria decision-making approach R Bhambra, SS Dessai International Journal of Public Sector Performance Management 17 (3), 291-310 , 2026 2026.0
Trend Analysis of Production and Exports of Organic Products: A Statistical Approach JL Velho, SPS Dessai The Society of Economics and Development, 158 , 2025 2025.0
Performance Evaluation of Select State-Level Public Sector Enterprises-An Integrated AHP-VIKOR Approach RK Bhambra, S Dessai Ramanujan International Journal of Business and Research 9 (1), 22-32 , 2024 2024.0
Primary Education in Goa: A Statistical Perspective C De Souza, DS Sawant Dessai 2018.0
Goods and Services Tax and its Effect on Marketing DS Sawant Dessai Available at SSRN 2971585 , 2017 2017.0
NITI Aayog Think-Tank for transforming India in Globalised environment DS Sawant Dessai Available at SSRN 2849777 , 2016 2016.0
Good Governance Practices-A Success' Mantra'for Co-Operative Societies DS Sawant Dessai Available at SSRN 2496053 , 2014 2014.0
Corporate Governance Practices and Protection of Interest of Retail Investors SP SawantDessai Goa University , 2012 2012.0
Velho and Dessai: Trend analysis in organic production and exports of organic products JL Velho
Corporate governance practices and protection of interest of retail investors SPS Dessai Goa , 0