Original Altman Bankruptcy Model And Its Use in Predicting Failure of Czech Firms

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F49777513%3A23510%2F13%3A43919043" target="_blank" >RIV/49777513:23510/13:43919043 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Original Altman Bankruptcy Model And Its Use in Predicting Failure of Czech Firms

Popis výsledku v původním jazyce

The ability to successfully derive future values of key variables has always belonged with the objects of human interest and has not even avoided the business sector. For several decades, many economists have been trying to find a way how to assess the health of a business as accurately as possible, or predict bankruptcy. This article aims to assess the discriminatory power of one of the most famous and most discussed corporate predictive models, the Altman Z-Score from 1968. The research is focused onfour main areas of assessing the discriminatory power of the model. The first part deals with the overall discriminatory power of the model; the second part is aimed at quantifying the impact of individual variables on misclassification of enterprises inbankruptcy. The third part quantifies the discriminatory power of individual variables of the model. The last part compares the classification accuracy of the original model and the modified Altman model which is also adapted to firms no

Název v anglickém jazyce

Original Altman Bankruptcy Model And Its Use in Predicting Failure of Czech Firms

Popis výsledku anglicky

The ability to successfully derive future values of key variables has always belonged with the objects of human interest and has not even avoided the business sector. For several decades, many economists have been trying to find a way how to assess the health of a business as accurately as possible, or predict bankruptcy. This article aims to assess the discriminatory power of one of the most famous and most discussed corporate predictive models, the Altman Z-Score from 1968. The research is focused onfour main areas of assessing the discriminatory power of the model. The first part deals with the overall discriminatory power of the model; the second part is aimed at quantifying the impact of individual variables on misclassification of enterprises inbankruptcy. The third part quantifies the discriminatory power of individual variables of the model. The last part compares the classification accuracy of the original model and the modified Altman model which is also adapted to firms no

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<br>I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2013

Kód důvěrnosti údajů

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

Název statě ve sborníku

Proceedings of the 11th International Conference Liberec Economic Forum 2013

ISBN

978-80-7372-953-0

ISSN

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e-ISSN

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Počet stran výsledku

11

Strana od-do

391-401

Název nakladatele

Technical University of Liberec

Místo vydání

Liberec

Místo konání akce

Sychrov, Czech Republic

Datum konání akce

16. 9. 2013

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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