Detail publikačního výsledku

Financial Ratios as Bankruptcy Predictors: The Czech Republic Case

KARAS, M.; REŽŇÁKOVÁ, M.

Originální název

Financial Ratios as Bankruptcy Predictors: The Czech Republic Case

Anglický název

Financial Ratios as Bankruptcy Predictors: The Czech Republic Case

Druh

Stať ve sborníku v databázi WoS či Scopus

Originální abstrakt

The traditional bankruptcy models and their predictors cannot be used to predict bankruptcy in the Czech Republic as they have been intended for different business environments reflecting their specific features. The paper aims to find bankruptcy predictors specific for the Czech companies. An analysis of 44 financial ratios published in bankruptcy model studies from 1966 to 2010 discovered that, in the domestic conditions, only three of them can be used to predict bankruptcy one year ahead with a precision of 81.25%.

Anglický abstrakt

The traditional bankruptcy models and their predictors cannot be used to predict bankruptcy in the Czech Republic as they have been intended for different business environments reflecting their specific features. The paper aims to find bankruptcy predictors specific for the Czech companies. An analysis of 44 financial ratios published in bankruptcy model studies from 1966 to 2010 discovered that, in the domestic conditions, only three of them can be used to predict bankruptcy one year ahead with a precision of 81.25%.

Klíčová slova

financial ratios, bankruptcy prediction, discriminant analysis

Klíčová slova v angličtině

financial ratios, bankruptcy prediction, discriminant analysis

Autoři

KARAS, M.; REŽŇÁKOVÁ, M.

Rok RIV

2013

Vydáno

20.09.2012

Nakladatel

WSEAS Press

ISBN

978-1-61804-124-1

Kniha

Advances in Finance & Accounting: Proceeding of the 1st WSEAS International Conference on Finance, Accounting and Auditing (FAA 12)

Strany od

86

Strany do

91

Strany počet

6

BibTex

@inproceedings{BUT94179,
  author="Michal {Karas} and Mária {Režňáková}",
  title="Financial Ratios as Bankruptcy Predictors: The Czech Republic Case",
  booktitle="Advances in Finance & Accounting: Proceeding of the 1st WSEAS International Conference on Finance, Accounting and Auditing (FAA 12)",
  year="2012",
  number="1",
  pages="86--91",
  publisher="WSEAS Press",
  isbn="978-1-61804-124-1"
}