Assessing the Impact of Multiple Stock Screening Techniques on the Performance of Listed Manufacturing Firms in Bangladesh
This paper investigates the efficacy of various stock screening methods in analyzing the financial distress and performance of listed manufacturing companies in Bangladesh. As financial decision-making becomes increasingly complex, businesses, investors, and policymakers require sound evaluation methodologies to assess the viability and potential growth of firms. This study systematically analyzes several screening techniques (e.g., financial ratios, market, and operational indicators) to evaluate their ability to predict the viability of manufacturing firms. The analysis is conducted on a sample of listed manufacturing companies across various sectors, using a quantitative approach to measure associations between screening variables and performance indicators such as profitability, liquidity, and growth potential. The results indicate that multimethod function testing can create an integrated performance assessment method, providing a richer picture for the decision-making process. This paper contributes to corporate finance literature by demonstrating that a variety of screening tools can be effective for monitoring the manufacturing industry and offers both academic and practical relevance for financial analysts, investors, and firms seeking long-term sustainability.
Authors
- Mohammad S. Khan (ORCID: https://orcid.org/0000-0002-2224-3826)
- Quamrul Alam (ORCID: https://orcid.org/0000-0003-4167-9200)
- S. Sabuz
- L. Nehar
Publication Details
- Journal
- African Journal of Accounting and Financial Research
- Published
- 2025-08-25
- DOI
- https://doi.org/10.52589/ajafr-uuiyi1be
- Primary Topic
- Corporate Finance and Governance
- Type
- article
- Field-Weighted Citation Impact
- 0.00