Determination and Analysis of Actual IN05 Accuracy in Prediction of Creditworthiness

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Determination and Analysis of Actual IN05 Accuracy in Prediction of Creditworthiness

Popis výsledku v původním jazyce

The IN05 is considered as the most accurate financial model that predicts the creditworthiness of the company in a measurable way. IN05 was based on the financial data from 2004. It is an updated version of the model IN01 that showed different predictiveability in verifying in 2005, only 4 years after its creation. The situation in the manufacturing industry evolves, and with following 8 years the risk-free rates, interest rates, risk rates and sector averages have changed. The question is how much theability of IN05 to predict economic value added (EVA) has changed in consequence of it. The paper aims to determine the current predictive power and the rate of return of the model IN05. The verification sample was made of financial data off 1,224 companies in the manufacturing sector. These companies showed no symptoms of financial instability in the form of execution, insolvency, liquidation or negative equity in 2013. The paper also presents solutions how to improve the predictive ab

Název v anglickém jazyce

Determination and Analysis of Actual IN05 Accuracy in Prediction of Creditworthiness

Popis výsledku anglicky

The IN05 is considered as the most accurate financial model that predicts the creditworthiness of the company in a measurable way. IN05 was based on the financial data from 2004. It is an updated version of the model IN01 that showed different predictiveability in verifying in 2005, only 4 years after its creation. The situation in the manufacturing industry evolves, and with following 8 years the risk-free rates, interest rates, risk rates and sector averages have changed. The question is how much theability of IN05 to predict economic value added (EVA) has changed in consequence of it. The paper aims to determine the current predictive power and the rate of return of the model IN05. The verification sample was made of financial data off 1,224 companies in the manufacturing sector. These companies showed no symptoms of financial instability in the form of execution, insolvency, liquidation or negative equity in 2013. The paper also presents solutions how to improve the predictive ab

Druh

D - Stať ve sborníku

CEP obor

AE - Řízení, správa a administrativa

OECD FORD obor

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Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2015

Kód důvěrnosti údajů

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

Název statě ve sborníku

European Financial Systems 2015: Proceedings of the 12th International Scientific Conference

ISBN

978-80-210-7962-5

ISSN

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e-ISSN

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Počet stran výsledku

8

Strana od-do

335-342

Název nakladatele

Masarykova univerzita

Místo vydání

Brno

Místo konání akce

Brno

Datum konání akce

18. 6. 2015

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

000370679200045