Record Details

The practice of use of models predicting financial distress in Slovak companies

Economic and Business Review

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Field Value
 
Title The practice of use of models predicting financial distress in Slovak companies
 
Creator Lesáková, Ľubica
Gundová, Petra
Vinczeová, Miroslava
 
Subject financial analysis
models predicting financial distress
Slovak companies
G30
M21
 
Description 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.
 
 
Publisher Institute of Eastern Europe and Central Asia
 
Date 2020-03-14
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Articles
Manuscript
 
Format application/pdf
 
Identifier http://ieeca.org/journal/index.php/JEECAR/article/view/369
10.15549/jeecar.v7i1.369
 
Source Journal of Eastern European and Central Asian Research (JEECAR); Vol 7 No 1 (2020): Journal of Eastern European and Central Asian Research; 122-136
2328-8280
2328-8272
 
Language eng
 
Relation http://ieeca.org/journal/index.php/JEECAR/article/view/369/274
 
Rights Copyright (c) 2020 Journal of Eastern European and Central Asian Research (JEECAR)
https://creativecommons.org/licenses/by/4.0