Assessment of bankruptcy risks in Czech companies using regression analysis

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F21%3A63529318" target="_blank" >RIV/70883521:28120/21:63529318 - isvavai.cz</a>

Result on the web

<a href="https://www.businessperspectives.org/index.php/journals/problems-and-perspectives-in-management/issue-386/assessment-of-bankruptcy-risks-in-czech-companies-using-regression-analysis" target="_blank" >https://www.businessperspectives.org/index.php/journals/problems-and-perspectives-in-management/issue-386/assessment-of-bankruptcy-risks-in-czech-companies-using-regression-analysis</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Assessment of bankruptcy risks in Czech companies using regression analysis

Original language description

Bankruptcy is an important topic in academic research and practice. It is a burning issue worldwide in the current COVID-19 situation. The aim of this study is to examine the financial risks of Czech companies. By employing the stepwise regression technique to estimate the financial risks, the p-values of all selected 15 financial ratios (explanatory variables) were calculated. If the p-value of the variable is more than the level of significance, the particular variable is removed from the model and another regression model is calculated. The findings from the stepwise regression revealed that return on capital, current ratio, net working capital turnover rate, and current assets turnover rate have a positive influence on company’s financial health. On the contrary, return on capital employed, asset turnover rate, inventory turnover rate, fixed assets turnover rate, and debt to equity ratio negatively impact the company’s financial health. The findings of this study will be fruitful for managers, policymakers, and investors of the companies to estimate and assess financial risks.

Czech name

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Czech description

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Type

J_SC - Article in a specialist periodical, which is included in the SCOPUS database

CEP classification

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OECD FORD branch

50204 - Business and management

Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2021

Confidentiality

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

Name of the periodical

Problems and Perspectives in Management

ISSN

1727-7051

e-ISSN

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Volume of the periodical

19

Issue of the periodical within the volume

3

Country of publishing house

UA - UKRAINE

Number of pages

10

Pages from-to

46-55

UT code for WoS article

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EID of the result in the Scopus database

2-s2.0-85114307475