BANCRUPTCY PREDICTION: THE CASE OF THE CZECH REPUBLIC AND SLOVAKIA
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F21%3A00125031" target="_blank" >RIV/00216224:14560/21:00125031 - isvavai.cz</a>
Result on the web
<a href="https://www.itema-conference.com/bankruptcy-prediction/" target="_blank" >https://www.itema-conference.com/bankruptcy-prediction/</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.31410/ITEMA.S.P.2021.65" target="_blank" >10.31410/ITEMA.S.P.2021.65</a>
Alternative languages
Result language
angličtina
Original language name
BANCRUPTCY PREDICTION: THE CASE OF THE CZECH REPUBLIC AND SLOVAKIA
Original language description
A considerable number of publications accompanies the research topic of bankruptcy prediction. This has been motivated by the massive toll on SMEs caused by the global crisis of 2007-2009, the recent COVID-19 crisis and the resulting need to update indicators of SME failure. This paper focuses on the Czech and Slovak economy, specifically at small and medium-sized enterprises (SMEs). This article aims to find if there exist different factors that could predict bankruptcy for Czech and Slovak companies. There were investigated 574 czech companies and 889 slovak companies for the period 2010 – 2018. Resulting findings confirm findings of the last years literature review the closer the similarity of businesses, the greater accuracy of bankruptcy models. Further, when a bankruptcy model is developded, it is necessary to sort companies according to different criteria and exploit common used financial indicators with a combination of modified indicators to assess the probability of bankruptcy precisely.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50206 - Finance
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2021
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Fifth International Scientific Conference ITEMA 2021 Recent Advances in Information Technology, Tourism, Economics, Management and Agriculture
ISBN
9788680194509
ISSN
2683-5991
e-ISSN
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Number of pages
8
Pages from-to
65-72
Publisher name
Association of Economists and Managers of the Balkans, Ustanicka 179/2 St. 11000 Belgrade, Serbia
Place of publication
Serbia
Event location
Belgrade, Serbia
Event date
Jan 1, 2021
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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