Financial Health Assessment of Pig-breeding Companies in Slovakia –Altman’s Z-score and TOPSIS Results Comparison

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F71226401%3A_____%2F20%3AN0100391" target="_blank" >RIV/71226401:_____/20:N0100391 - isvavai.cz</a>

Výsledek na webu

<a href="https://mme2020.mendelu.cz/wcd/w-rek-mme/mme2020_conference_proceedings_final.pdf" target="_blank" >https://mme2020.mendelu.cz/wcd/w-rek-mme/mme2020_conference_proceedings_final.pdf</a>

DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Financial Health Assessment of Pig-breeding Companies in Slovakia –Altman’s Z-score and TOPSIS Results Comparison

Popis výsledku v původním jazyce

his paper aims to investigate the financial health of firms belonging to the pig-breeding sector in Slovakia using two different methods which are suitable for financial health assessment and to compare the results of these methods. The research sample contained 32 pig-breeding companies (group 01.4.6 according to Statistical classification of economic activities in the Euro-pean Community – NACE). These firms were assessed for the year 2017. Given the procedures used to evaluate financial health, 11 criteria were selected to fo-cus on profitability, liquidity, activity and leverage. For measuring financial health Altman Z ́ score model and Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) were used. The data were obtained from Bisnode Al-bertina database. It was revealed that about half of the companies in the research group are financially healthy; the other half are not. Both methods applied for the analysis provide similar results.

Název v anglickém jazyce

Financial Health Assessment of Pig-breeding Companies in Slovakia –Altman’s Z-score and TOPSIS Results Comparison

Popis výsledku anglicky

his paper aims to investigate the financial health of firms belonging to the pig-breeding sector in Slovakia using two different methods which are suitable for financial health assessment and to compare the results of these methods. The research sample contained 32 pig-breeding companies (group 01.4.6 according to Statistical classification of economic activities in the Euro-pean Community – NACE). These firms were assessed for the year 2017. Given the procedures used to evaluate financial health, 11 criteria were selected to fo-cus on profitability, liquidity, activity and leverage. For measuring financial health Altman Z ́ score model and Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) were used. The data were obtained from Bisnode Al-bertina database. It was revealed that about half of the companies in the research group are financially healthy; the other half are not. Both methods applied for the analysis provide similar results.

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

2020

Kód důvěrnosti údajů

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

Název statě ve sborníku

Proceedings of the 38th International Conference on Mathematical Methods in Economics (MME 2020)

ISBN

978-80-7509-734-7

ISSN

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e-ISSN

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Počet stran výsledku

7

Strana od-do

339-345

Název nakladatele

Mendel University in Brno

Místo vydání

Brno

Místo konání akce

Mendel University in Brno

Datum konání akce

9. 9. 2020

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

000668460800052