Possibilities of the Altman Zeta Model Application to Czech Firms

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F49777513%3A23510%2F11%3A43899331" target="_blank" >RIV/49777513:23510/11:43899331 - isvavai.cz</a>
Result on the web
—
DOI - Digital Object Identifier
—

Result language
angličtina
Original language name
Possibilities of the Altman Zeta Model Application to Czech Firms
Original language description
Many economists and analysts from all over the world have been trying to find a method to assess company health and predict its eventual financial distress for many years. No economy is a small isolated island and the bankruptcy of a company can also influence a situation on the other side of the world. But companies are very complicated organisms and that is why it is not a simple task to estimate company future development. The best-known model of prediction called Z-Score was introduced by E.I. Altman in the USA more than forty years ago, in 1968. This model was modified several times. The best-known modification is the ZETA model which is applicable to unlisted companies and was established by Altman in 1977. The Z-Score model was verified not onlyby the author but also by other analysts many times. Some analysts criticize that the model doesn?t give correct results. Above all, it is not able to detect the coming crisis within a sufficient time period. The aim of this paper is to
Czech name
—
Czech description
—

Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AH - Economics
OECD FORD branch
—

Publication year
2011
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Similar results(10)