An Analysis of the Robustness of Bankruptcy Prediction Models ? Industrial Concerns in the Czech Republic in the Years 1999?2013
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F14%3APU109098" target="_blank" >RIV/00216305:26510/14:PU109098 - isvavai.cz</a>
Result on the web
—
DOI - Digital Object Identifier
—
Alternative languages
Result language
angličtina
Original language name
An Analysis of the Robustness of Bankruptcy Prediction Models ? Industrial Concerns in the Czech Republic in the Years 1999?2013
Original language description
The development of a bankruptcy prediction model, i.e. a model capable of identifying in advance companies threatened by bankruptcy with a high degree of accuracy, is a difficult process in view of the absence of data on companies that have gone into bankruptcy. This leads to the use of models that have already been developed, for which their authors have declared a high degree of prediction accuracy. The subject of the research presented in this paper is the testing of the accuracy of such models in aperiod or environment other than that for which they were designed. The ability of these models to differentiate between companies threatened by bankruptcy and prospering companies and their identification error, i.e. indicating companies that go into bankruptcy as prospering companies and vice versa, were tested. Testing was performed on data on companies in the manufacturing industry operating in the Czech Republic in the years 1999?2013 with the use of three models. The first of the m
Czech name
—
Czech description
—
Classification
Type
D - Article in proceedings
CEP classification
AE - Management, administration and clerical work
OECD FORD branch
—
Result continuities
Project
—
Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2014
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Proceeding of the 23rd IBIMA conference
ISBN
978-0-9860419-2-1
ISSN
—
e-ISSN
—
Number of pages
9
Pages from-to
988-997
Publisher name
IBIMA publishing
Place of publication
Neuveden
Event location
Valencia
Event date
May 13, 2014
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000339308100103