Are the bankruptcy predictors specific for a given time or branch? The evidence from the czech manufacturing and construction companies.
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F15%3APU116216" target="_blank" >RIV/00216305:26510/15:PU116216 - isvavai.cz</a>
Result on the web
<a href="http://www.ufu.utb.cz/konference/sbornik2015.pdf" target="_blank" >http://www.ufu.utb.cz/konference/sbornik2015.pdf</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Are the bankruptcy predictors specific for a given time or branch? The evidence from the czech manufacturing and construction companies.
Original language description
Bankruptcy is still an up to date topic, as still many companies go bankrupt. Many scientific efforts have been dedicated to creating a more accurate model by to analyzing different sets of predictors (variables of the model) or a different set of methods. Previous work showed that these models are less effective in application in alternative branch or time. In this paper we test a smof several ratios used in bankruptcy prediction models on a large sample of Czech companies from two branches – manufacturing and construction. We found that the predictor’s significance varies considerably between the analyzed branches. In other word we found that some predictors are specific for a given branch. In addition, we found only one predictor significant in both branches for a given moments prior bankruptcy. The results suggest that a different or modified set of predictors should be used for predicting bankruptcy in alternative branch.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AE - Management, administration and clerical work
OECD FORD branch
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Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Proceedings of the 7th International Scientific Conference: FINANCE AND PERFORMANCE OF FIRMS IN SCIENCE,EDUCATION AND PRACTICE
ISBN
978-80-7454-482-8
ISSN
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e-ISSN
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Number of pages
13
Pages from-to
571-583
Publisher name
Neuveden
Place of publication
Zlín, Česká republika
Event location
Zlín
Event date
Apr 23, 2015
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000374107300045