(جامعة الوادي University of Eloued, 2024-06-27) Douici Zohra
This article critically examines the Kida-1981 model, a widely recognized bankruptcy forecasting tool, in
the context of the Algerian manufacturing sector, a key player in Algeria's economic recovery. Given the sector's
significance, a good forecasting tool is not just important but crucial to prevent unexpected bankruptcies. Our
empirical study, based on some healthy and sick manufacturing companies in Algeria, reveals the limitations of
the Kida-1981 model in predicting bankruptcy in this context. These findings significantly affect the sector,
underliningthe need for more accurate and context-specific forecasting tools.
