Bankruptcy Prediction Model Development and its Implications on Financial Performance in Slovakia

Autor: Gajdosikova Dominika, Valaskova Katarina
Jazyk: angličtina
Rok vydání: 2023
Předmět:
Zdroj: Economics and Culture, Vol 20, Iss 1, Pp 30-42 (2023)
Druh dokumentu: article
ISSN: 2256-0173
DOI: 10.2478/jec-2023-0003
Popis: Research purpose. Financial distress being a global phenomenon makes it impact firms in all sectors of the economy and predicting corporate bankruptcy has become a crucial issue in economics. At the beginning of the last century, the first studies aimed to predict corporate bankruptcy were published. In Slovakia, however, several prediction models were developed with a significant delay. The main aim of this paper is to develop a model for predicting bankruptcy based on the financial information of 3,783 Slovak enterprises operating in the manufacturing and construction sectors in 2020 and 2021.
Databáze: Directory of Open Access Journals