Are the bankruptcy predictors specific for a given time or branch? The evidence from the czech manufacturing and construction companies.

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F15%3APU116216" target="_blank" >RIV/00216305:26510/15:PU116216 - isvavai.cz</a>

Výsledek na webu

<a href="http://www.ufu.utb.cz/konference/sbornik2015.pdf" target="_blank" >http://www.ufu.utb.cz/konference/sbornik2015.pdf</a>

DOI - Digital Object Identifier

—

Jazyk výsledku

angličtina

Název v původním jazyce

Are the bankruptcy predictors specific for a given time or branch? The evidence from the czech manufacturing and construction companies.

Popis výsledku v původním jazyce

Bankruptcy is still an up to date topic, as still many companies go bankrupt. Many scientific efforts have been dedicated to creating a more accurate model by to analyzing different sets of predictors (variables of the model) or a different set of methods. Previous work showed that these models are less effective in application in alternative branch or time. In this paper we test a smof several ratios used in bankruptcy prediction models on a large sample of Czech companies from two branches – manufacturing and construction. We found that the predictor’s significance varies considerably between the analyzed branches. In other word we found that some predictors are specific for a given branch. In addition, we found only one predictor significant in both branches for a given moments prior bankruptcy. The results suggest that a different or modified set of predictors should be used for predicting bankruptcy in alternative branch.

Název v anglickém jazyce

Are the bankruptcy predictors specific for a given time or branch? The evidence from the czech manufacturing and construction companies.

Popis výsledku anglicky

Bankruptcy is still an up to date topic, as still many companies go bankrupt. Many scientific efforts have been dedicated to creating a more accurate model by to analyzing different sets of predictors (variables of the model) or a different set of methods. Previous work showed that these models are less effective in application in alternative branch or time. In this paper we test a smof several ratios used in bankruptcy prediction models on a large sample of Czech companies from two branches – manufacturing and construction. We found that the predictor’s significance varies considerably between the analyzed branches. In other word we found that some predictors are specific for a given branch. In addition, we found only one predictor significant in both branches for a given moments prior bankruptcy. The results suggest that a different or modified set of predictors should be used for predicting bankruptcy in alternative branch.

Druh

D - Stať ve sborníku

CEP obor

AE - Řízení, správa a administrativa

OECD FORD obor

—

Projekt

—

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

Proceedings of the 7th International Scientific Conference: FINANCE AND PERFORMANCE OF FIRMS IN SCIENCE,EDUCATION AND PRACTICE

ISBN

978-80-7454-482-8

ISSN

—

e-ISSN

—

Počet stran výsledku

13

Strana od-do

571-583

Název nakladatele

Neuveden

Místo vydání

Zlín, Česká republika

Místo konání akce

Zlín

Datum konání akce

23. 4. 2015

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

000374107300045