Record Details

An Approach to Predicting the Insolvency of Ukrainian Steel Enterprises Based on Financial Potential

Journal of Eastern European and Central Asian Research

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Title An Approach to Predicting the Insolvency of Ukrainian Steel Enterprises Based on Financial Potential
 
Creator Neskorodeva, Inna; Simon Kuznets Kharkiv National University of Economic
Pustovgar, Svetlana; Simon Kuznets Kharkiv National University of Economic
 
Subject Finance, Economics, Banking
Financial insolvency of steel companies, Diagnostics of enterprises insolvency, Enterprise financial potential, Enterprise financial stability.
 
Description This paper outlines the importance of defining the level of the financial potential of Ukrainian steel enterprises as a factor in preventing their financial insolvency. The findings support the selection of appropriate indexes as proxies for quantitative characteristics to determine the financial potential of companies in this industry. Levels of the financial potential of Ukrainian steel enterprises were defined using neural network technologies. The rules of ‘insolvency levels classification’ from an enterprise perspective were designed considering the combined effects of internal factors, relating to the enterprise’s financial activity, as well as external environmental factors. Such an approach offers the evaluation of the potential of an enterprise’s insolvency, taking into account its current state and the reserves for restoring its financial stability.
 
Publisher Institute of Eastern Europe and Central Asia
 
Date 2015-10-24
 
Type info:eu-repo/semantics/article
Peer-reviewed Articles
info:eu-repo/semantics/publishedVersion
 
Format application/pdf
 
Identifier http://ieeca.org/journal/index.php/JEECAR/article/view/104
10.15549/jeecar.v2i2.104
 
Source Journal of Eastern European and Central Asian Research (JEECAR); Vol 2, No 2 (2015): Journal of Eastern European and Central Asian Research; 11
 
Language eng
 
Relation http://ieeca.org/journal/index.php/JEECAR/article/view/104/pdf
 
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