Discriminatory Power of the Altman Z-Score Model

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F49777513%3A23510%2F13%3A43918705" target="_blank" >RIV/49777513:23510/13:43918705 - 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

Discriminatory Power of the Altman Z-Score Model

Original language description

This article aims to assess the discriminatory power of one of the most famous and most discussed corporate predictive models, the Altman Z-Score. This model ranks among the bankruptcy models, whose main purpose is to detect the impending bankruptcy in good time. The research focuses on three main areas of assessing the discriminatory power of the model. The rst part deals with the overall discriminatory power of the model; the second part is aimed at quantifying the impact of individual variables on misclassi cation of enterprises in bankruptcy. The last part quanti es the discriminatory power of individual variables of the model. The results are compared with the ndings of the author of the model. The empirical research is based on the accounting data of Czech companies from the manufacturing industry. Both thriving and bankrupt companies are included in the research.

Czech name

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Czech description

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Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AE - Management, administration and clerical work

OECD FORD branch

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Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2013

Confidentiality

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

Name of the periodical

LITTERA SCRIPTA

ISSN

1805-9112

e-ISSN

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Volume of the periodical

6

Issue of the periodical within the volume

1

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

12

Pages from-to

95-106

UT code for WoS article

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EID of the result in the Scopus database

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