Original Altman Bankruptcy Model And Its Use in Predicting Failure of Czech Firms
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F49777513%3A23510%2F13%3A43919043" target="_blank" >RIV/49777513:23510/13:43919043 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Original Altman Bankruptcy Model And Its Use in Predicting Failure of Czech Firms
Original language description
The ability to successfully derive future values of key variables has always belonged with the objects of human interest and has not even avoided the business sector. For several decades, many economists have been trying to find a way how to assess the health of a business as accurately as possible, or predict bankruptcy. This article aims to assess the discriminatory power of one of the most famous and most discussed corporate predictive models, the Altman Z-Score from 1968. The research is focused onfour main areas of assessing the discriminatory power of the model. The first part deals with the overall discriminatory power of the model; the second part is aimed at quantifying the impact of individual variables on misclassification of enterprises inbankruptcy. The third part quantifies the discriminatory power of individual variables of the model. The last part compares the classification accuracy of the original model and the modified Altman model which is also adapted to firms no
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<br>I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2013
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 11th International Conference Liberec Economic Forum 2013
ISBN
978-80-7372-953-0
ISSN
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e-ISSN
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Number of pages
11
Pages from-to
391-401
Publisher name
Technical University of Liberec
Place of publication
Liberec
Event location
Sychrov, Czech Republic
Event date
Sep 16, 2013
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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