DEBT RELIEF OF NATURAL PERSONS AND THE RATE OF SATISFACTION OF THEIR CREDITORS IN THE CZECH REPUBLIC

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F15%3A86093878" target="_blank" >RIV/61989100:27510/15:86093878 - 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

DEBT RELIEF OF NATURAL PERSONS AND THE RATE OF SATISFACTION OF THEIR CREDITORS IN THE CZECH REPUBLIC

Original language description

The purpose of this contribution is to ascertain the rate of creditors' satisfaction in debt relief. The aim of the paper is to set an approximation functions which guarantee a value of 100% of satisfaction of creditors' receivables for a zero rate of debt and asymptotically nears a level of 30% with an increasing rate of debt. There are two methods used in this paper. Method of analysis was used to analyse of collected data on the course of debt relief of natural person. The method of the ordinary least squares method was used for setting the approximation functions. On the basis of a survey, it was found that individual creditors are satisfied to 50% of their ascertained receivables.

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

S - Specificky vyzkum na vysokych skolach

Publication year

2015

Confidentiality

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

Name of the periodical

Business: Theory and Practice

ISSN

1648-0627

e-ISSN

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Volume of the periodical

16

Issue of the periodical within the volume

2

Country of publishing house

LT - LITHUANIA

Number of pages

10

Pages from-to

185-194

UT code for WoS article

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EID of the result in the Scopus database

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