The practice of use of models predicting financial distress in Slovak companies
Autor: | Ľubica Lesáková, Miroslava Vinczeová, Petra Gundová |
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Rok vydání: | 2020 |
Předmět: |
Organizational Behavior and Human Resource Management
Economics and Econometrics Strategy and Management models predicting financial distress 02 engineering and technology lcsh:Business Slovak companies financial analysis Prediction methods 0502 economics and business 0202 electrical engineering electronic engineering information engineering Financial analysis Slovak Business and International Management Statistical software Marketing Business practice Actuarial science 05 social sciences language.human_language Term (time) Identification (information) language 020201 artificial intelligence & image processing Financial distress Business lcsh:HF5001-6182 050203 business & management Finance |
Zdroj: | Journal of Eastern European and Central Asian Research, Vol 7, Iss 1 (2020) |
ISSN: | 2328-8280 2328-8272 |
DOI: | 10.15549/jeecar.v7i1.369 |
Popis: | The aim of the paper is to present the results of the research focused on the identification of the current situation concerning the knowledge and use of the models predicting financial distress in Slovak companies. In the paper three partial goals are formulated. On grounds of the goals of this paper four hypotheses were formulated. Their validity was verified by means of the primary data gained by the questionnaire research with the use of the statistical software. The research results confirmed that Slovak companies did not know the term “models predicting financial distress” neither applied them in practice. The main reasons why they do not apply them involve not knowing them, the company size (too small company) and the use of some own prediction methods. The most often used models are simple methods of point evaluation in business practice. Companies prefer simple methods not demanding of much time. |
Databáze: | OpenAIRE |
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