The Development of Bankruptcies of Companies in the Czech Republic

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

The Development of Bankruptcies of Companies in the Czech Republic

Popis výsledku v původním jazyce

Bankruptcies of Companies are an inherent element of the market economy. In the Czech Republic in 2006 was published a law no. 182/2006 Coll., On Bankruptcy and Its Resolution (Insolvency Act), which came into effect from January 1st, 2008. This law came into effect just at a time when the new financial crisis started getting stronger. This crisis has affected the development of corporate bankruptcies not only in the Czech Republic but also in other countries. Bankruptcies of Companies (Mączyńska, 2009) are the necessary selection mechanism in the world of business and have an important rationalizing function – they rid the market of entities that are unable to meet the appropriate efficiency requirements. The aim of this paper is to analyze the development of bankruptcies of companies (using total and monthly data) in the Czech Republic in the period 2008 to 2017 with a forecast for 2018. The software STATGRAPHICS Centurion will be used for this analysis. The data needed to analyze the development of corporate bankruptcies has been taken over from the company Creditreform, s.r.o. Czech Republic.

Název v anglickém jazyce

The Development of Bankruptcies of Companies in the Czech Republic

Popis výsledku anglicky

Bankruptcies of Companies are an inherent element of the market economy. In the Czech Republic in 2006 was published a law no. 182/2006 Coll., On Bankruptcy and Its Resolution (Insolvency Act), which came into effect from January 1st, 2008. This law came into effect just at a time when the new financial crisis started getting stronger. This crisis has affected the development of corporate bankruptcies not only in the Czech Republic but also in other countries. Bankruptcies of Companies (Mączyńska, 2009) are the necessary selection mechanism in the world of business and have an important rationalizing function – they rid the market of entities that are unable to meet the appropriate efficiency requirements. The aim of this paper is to analyze the development of bankruptcies of companies (using total and monthly data) in the Czech Republic in the period 2008 to 2017 with a forecast for 2018. The software STATGRAPHICS Centurion will be used for this analysis. The data needed to analyze the development of corporate bankruptcies has been taken over from the company Creditreform, s.r.o. Czech Republic.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50206 - Finance

Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2018

Kód důvěrnosti údajů

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

Název statě ve sborníku

The 12th International Days of Statistics and Economics, Prague, September 6-8

ISBN

978-80-87990-14-8

ISSN

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e-ISSN

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Počet stran výsledku

9

Strana od-do

144-152

Název nakladatele

Libuše Macáková, MELANDRIUM

Místo vydání

Prague

Místo konání akce

Prague

Datum konání akce

1. 1. 2018

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000455809400015