Incomplete decision Trees as a formal tool to support decision making related to insolvency and bankruptcy problems

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F15%3APU114316" target="_blank" >RIV/00216305:26510/15:PU114316 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Incomplete decision Trees as a formal tool to support decision making related to insolvency and bankruptcy problems

Original language description

The article deals with the problem of insolvency and bankruptcy from debtor's point of view and his/her debts on the Czech Republic financial market. The company, which fell into a bankruptcy hearing, has several legislatively supported options how to deal with this situation and repay creditors money. Each of the options has been specified as a branch of a decision-making tree. Two methods of the tree evaluations are used, namely conventional method using already known probabilities acquired statistically from previous cases and by a heuristic - water probability. The heuristic generates all missing information items. The result is then focused on the comparison and evaluation of the best ways to repay the debt, also including solution for the future continuation of the company currently in liquidation and quantification of percentage refund of creditors claim. A realistic case study is presented in full details. Methodology/methods Solving within decision tree with already known probabilities and water probability. Scientific aim Comparison and evaluation of the best ways to repay the debt, also including solution for the future continuation of the company currently in liquidation and quantification of percentage refund of creditors claim. Findings Predictions of future actions in dealing with insolvency act and bankruptcy hearing, quicker and more effective agreeing on compromises among all creditors and debtor. Conclusions Finding a best way and solotion of repayment and avoiding of termination for both of interested parties (creditor and debtor).

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

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OECD FORD branch

50204 - Business and management

Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2015

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

Perspective of Business and entrepreneurship development

ISBN

978-80-214-5198-8

ISSN

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e-ISSN

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Number of pages

7

Pages from-to

395-401

Publisher name

Neuveden

Place of publication

Neuveden

Event location

Brno

Event date

May 28, 2015

Type of event by nationality

WRD - Celosvětová akce

UT code for WoS article

000428947700039