Analysis of bankruptcy models for predicting the future state of the company

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F23%3A43907025" target="_blank" >RIV/60076658:12510/23:43907025 - isvavai.cz</a>

Výsledek na webu

<a href="https://omp.ef.jcu.cz/index.php/EF/catalog/book/88" target="_blank" >https://omp.ef.jcu.cz/index.php/EF/catalog/book/88</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.32725/978-80-7694-053-6.54" target="_blank" >10.32725/978-80-7694-053-6.54</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Analysis of bankruptcy models for predicting the future state of the company

Popis výsledku v původním jazyce

This paper deals with the issue of corporate financial health. In theoretical and practical terms, it works with selected bankruptcy models on which the financial analysis of enterprises can be shown. The paper includes a search of financial health from the perspective of various authors of important theoretical publications. Among other things, the paper aims to compare whether the selected bankruptcy models have sufficient predictive power, which is done in the later parts of the thesis. In the first part, it mentions specific bankruptcy models that are widely used in mainstream economics. The Altman model, Douch&apos;s balance sheet analysis, the Springate model, and the Index IN05 are discussed. In the practical phase of the paper, the reliability of the selected bankruptcy models is evaluated on a sample of about 6,000 firms from the manufacturing industry. The thesis concludes that the selected models are suitable for the evaluation and overall prediction of the future financial situation of companies. However, the thesis also concludes that the selected models have different predictive abilities in practical terms. Thus, the selection of specific models depends, among other things, on the needs of the chosen analysis. To determine the reliability of the prediction of the future state of the company will be used descriptive statistics. The thesis also concludes that the selected models are suitable as a complement to the needs of financial analysis, as they provide good information on the overall assessment of the financial and economic situation of the enterprise and provide the necessary entities with early warning.

Název v anglickém jazyce

Analysis of bankruptcy models for predicting the future state of the company

Popis výsledku anglicky

This paper deals with the issue of corporate financial health. In theoretical and practical terms, it works with selected bankruptcy models on which the financial analysis of enterprises can be shown. The paper includes a search of financial health from the perspective of various authors of important theoretical publications. Among other things, the paper aims to compare whether the selected bankruptcy models have sufficient predictive power, which is done in the later parts of the thesis. In the first part, it mentions specific bankruptcy models that are widely used in mainstream economics. The Altman model, Douch&apos;s balance sheet analysis, the Springate model, and the Index IN05 are discussed. In the practical phase of the paper, the reliability of the selected bankruptcy models is evaluated on a sample of about 6,000 firms from the manufacturing industry. The thesis concludes that the selected models are suitable for the evaluation and overall prediction of the future financial situation of companies. However, the thesis also concludes that the selected models have different predictive abilities in practical terms. Thus, the selection of specific models depends, among other things, on the needs of the chosen analysis. To determine the reliability of the prediction of the future state of the company will be used descriptive statistics. The thesis also concludes that the selected models are suitable as a complement to the needs of financial analysis, as they provide good information on the overall assessment of the financial and economic situation of the enterprise and provide the necessary entities with early warning.

Druh

D - Stať ve sborníku

CEP obor

—

OECD FORD obor

50206 - Finance

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2023

Kód důvěrnosti údajů

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

Název statě ve sborníku

Proceedings of the 17th International Scientific Conference:Challenges and Opportunities in the Digital World.

ISBN

978-80-7694-053-6

ISSN

2336-6788

e-ISSN

—

Počet stran výsledku

6

Strana od-do

353-358

Název nakladatele

Jihočeská univerzita v Českých Budějovicích, Ekonomická fakulta

Místo vydání

České Budějovice

Místo konání akce

České Budějovice

Datum konání akce

2. 11. 2023

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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