The Success of Business Failure Prediction Using Financial Creditworthy Models
Konferenční objektpeer-reviewedpostprintSoubory
Datum publikování
2016
Autoři
Vedoucí práce
Oponent
Název časopisu
Název svazku
Vydavatel
Masarykova univerzita
Abstrakt
Financial creditworthy models are popular for their simplicity and fast applications. Above all, quantitative evaluation of financial health guarantees an unbiased assessment of company. On the other hand, these models do not take into account the soft factors. Probably, the most famous Czech financial models known as creditworthy are Credibility Index, Rudolf Doucha´s Balance analysis, and Kralicek´s Q-test. They were created for the purpose of assessing the creditworthiness usually without using statistical methods. Can they be used for prediction of business failure despite this drawback? What is their success rate? Which of these classic financial models achieves the highest accuracy? To find answers a dataset of financial statements of 92 companies in manufacturing industry was analysed. These companies went bankrupt between 2010-2014.
Rozsah stran
p. 413-419
ISSN
Trvalý odkaz na tento záznam
Projekt
Zdrojový dokument
European Financial Systems 2016 : proceedings of the 13th International Scientific Conference
Vydavatelská verze
http://is.muni.cz/do/econ/sborniky/2016/EFS2016-Proceedings_final_September_19_final.pdf
Přístup k e-verzi
open access
Název akce
13th International Scientific Conference of the European Financial Systems (27.06.2016 - 28.06.2016)
ISBN
978-80-210-8308-0
Studijní obor
Studijní program
Signatura tištěné verze
Umístění tištěné verze
Přístup k tištěné verzi
Klíčová slova
Credibility Index, Rudolf Doucha´s Balance analysis, Kralicek´s Q-test, failure, predictive power, Index bonity, Bilanční analýza Rudolfa Douchy, Kralickův Q-test, úpadek, predikční schopnost