Comparison of the models of financial distress prediction

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F13%3A00208862" target="_blank" >RIV/62156489:43110/13:00208862 - isvavai.cz</a>

Result on the web

<a href="http://dx.doi.org/10.11118/actaun201361072587" target="_blank" >http://dx.doi.org/10.11118/actaun201361072587</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.11118/actaun201361072587" target="_blank" >10.11118/actaun201361072587</a>

Result language

angličtina

Original language name

Comparison of the models of financial distress prediction

Original language description

Prediction of the financial distress is generally supposed as approximation if a business entity is closed on bankruptcy or at least on serious financial problems. Financial distress is defined as such a situation when a company is not able to satisfy its liabilities in any forms, or when its liabilities are higher than its assets. Classification of financial situation of business entities represents a multidisciplinary scientific issue that uses not only the economic theoretical bases but interacts tothe statistical, respectively to econometric approaches as well. The first models of financial distress prediction have originated in the sixties of the 20th century. One of the most known is the Altman's model followed by a range of others which are constructed on more or less conformable bases. In many existing models it is possible to find common elements which could be marked as elementary indicators of potential financial distress of a company. The objective of this article is, base

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

Z - Vyzkumny zamer (s odkazem do CEZ)

Publication year

2013

Confidentiality

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

Name of the periodical

Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis

ISSN

1211-8516

e-ISSN

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Volume of the periodical

61

Issue of the periodical within the volume

7

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

6

Pages from-to

2587-2592

UT code for WoS article

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EID of the result in the Scopus database

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