The Development of Bankruptcies of Companies in the Czech Republic

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F46747885%3A24310%2F18%3A00005845" target="_blank" >RIV/46747885:24310/18:00005845 - 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
The Development of Bankruptcies of Companies in the Czech Republic
Original language description
Bankruptcies of Companies are an inherent element of the market economy. In the Czech Republic in 2006 was published a law no. 182/2006 Coll., On Bankruptcy and Its Resolution (Insolvency Act), which came into effect from January 1st, 2008. This law came into effect just at a time when the new financial crisis started getting stronger. This crisis has affected the development of corporate bankruptcies not only in the Czech Republic but also in other countries. Bankruptcies of Companies (Mączyńska, 2009) are the necessary selection mechanism in the world of business and have an important rationalizing function – they rid the market of entities that are unable to meet the appropriate efficiency requirements. The aim of this paper is to analyze the development of bankruptcies of companies (using total and monthly data) in the Czech Republic in the period 2008 to 2017 with a forecast for 2018. The software STATGRAPHICS Centurion will be used for this analysis. The data needed to analyze the development of corporate bankruptcies has been taken over from the company Creditreform, s.r.o. Czech Republic.
Czech name
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Czech description
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2018
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
The 12th International Days of Statistics and Economics, Prague, September 6-8
ISBN
978-80-87990-14-8
ISSN
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e-ISSN
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Number of pages
9
Pages from-to
144-152
Publisher name
Libuše Macáková, MELANDRIUM
Place of publication
Prague
Event location
Prague
Event date
Jan 1, 2018
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000455809400015

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