Reconciliation as a tool for decision making within decision tree related to insolvency problems
Trends Economics and Management
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Title |
Reconciliation as a tool for decision making within decision tree related to insolvency problems
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Creator |
Poláček, Tomáš; FBM VUT
Doubravský, Karel Dohnal, Mirko |
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Subject |
Insolvency, restructuring, decision – making tree, probabilities, fuzzy, reconciliation
G33, G34 |
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Description |
Purpose of the article: The paper draws on the results of previous studies recoverability of creditor’s claims, where it was research from debtor’s point of view and his/her debts on the Czech Republic financial market. The company, which fell into a bankruptcy hearing, has several legislatively supported options how to deal with this situation and repay creditors money. Each of the options has been specified as a variant of a decisionmaking tree. This paper is focused on third option of evaluation – The reconciliation. The heuristic generates all missing information items. The result is then focused on the comparison and evaluation of the best ways to repay the debt, also including solution for the future continuation of the company currently in liquidation and quantification of percentage refund of creditors claim. A realistic case study is presented in full details. Further introduction of decision making with uncerteinties in insolvency proceedings. Methodology/methods: Solving within decision tree with partially ignorance of probability using reconciliation. Scientific aim: Comparison and evaluation of the best ways to repay the debt, also including solution for the future continuation of the company currently in liquidation and quantification of percentage refund of creditors claim. Findings: Predictions of future actions in dealing with insolvency act and bankruptcy hearing, quicker and more effective agreeing on compromises among all creditors and debtor. Conclusions: Finding a best way and solution of repayment and avoiding of termination for both of interested parties (creditor and debtor). |
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Publisher |
www.fbm.vutbr.cz
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Contributor |
—
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Date |
2016-05-20
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — — |
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Format |
application/pdf
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Identifier |
https://trends.fbm.vutbr.cz/index.php/trends/article/view/343
10.13164/trends.2016.25.33 |
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Source |
TRENDY EKONOMIKY A MANAGEMENTU; Vol 10, No 25 (2016); 33-39
Trends Economics and Management; Vol 10, No 25 (2016); 33-39 2336-6508 1802-8527 10.13164/trends.2016.25 |
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Language |
eng
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Relation |
https://trends.fbm.vutbr.cz/index.php/trends/article/view/343/301
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