An Evaluation of Corporate Strategic Health Using Altman’s Model: A Sample from Jordanian Shareholding Industrial Companies

Ahmed A. Al-Qatamin


This study aimed at evaluating strategic health of a sample of Jordanian Industrial shareholding companies. To achieve this objective, Altman Z-Factor formula model was used to calculate the Z-Score values which indicate the level of strategic health of the companies included in the sample.
Results indicated that only 10 percent of the sampled companies have enjoyed strong strategic health. Results indicted also that, 40 percent of the sample has been classified into normal strategic health category, and 50 percent of the sample was correctly classified in the category of alarming strategic health category.


Altman’s Z-Value, Strategic Performance, Strategic Management, Strategic Health

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