Companies' Value in the Context of Economic Crisis

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F14%3A00225518" target="_blank" >RIV/62156489:43110/14:00225518 - 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

Companies' Value in the Context of Economic Crisis

Original language description

Until a mid of 2007, European economy was highly growing. In spring of the year 2007, it was announced that payment risk decreased as a consequence of economic growth. Nevertheless, in 2008, the economic uncertainty caused by the credit crunch has projected to all aspects of general environment of business entities, payment risk included. During the period of economic crisis, a number of business entities have fallen into bankruptcy because of insolvency that was mainly secondary insolvency which is cyclical problem. Objective of this paper is to determine the impact of bad receivables on solvency of European enterprises and consequently on their income-based value within the period of 2008 -- 2013. This paper builds mainly on secondary data about payment risk and income-based value of European enterprises. The results are consequently discussed also with regard to the fact that currently the largest debtors are the states.

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

2014

Confidentiality

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

Name of the periodical

The Business & Management Review

ISSN

2047-2854

e-ISSN

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Volume of the periodical

4

Issue of the periodical within the volume

4

Country of publishing house

GB - UNITED KINGDOM

Number of pages

12

Pages from-to

333-344

UT code for WoS article

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EID of the result in the Scopus database

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