The prediction of the bankruptcy risk

The study research results of the bankruptcy risk in the actual economic crisis are very weak. This issue is very important for the economy of every country, no matter what their actual development level.The necessity of bankruptcy risk prediction appears in every company,but also in the related ins...

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Bibliographic Details
Main Author: Gheorghe DUMITRESCU
Format: Article
Language:English
Published: Romanian National Institute of Statistics 2010-04-01
Series:Revista Română de Statistică
Subjects:
Online Access:http://www.revistadestatistica.ro/Articole/2010/A7_en_4_2010.pdf
Description
Summary:The study research results of the bankruptcy risk in the actual economic crisis are very weak. This issue is very important for the economy of every country, no matter what their actual development level.The necessity of bankruptcy risk prediction appears in every company,but also in the related institutions like financial companies, investors, suppliers, customers.The bankruptcy risk made and makes the object of many studies of research that want to identify: the moment of the appearance of the bankruptcy, the factors that compete at the reach of this state, the indicators that express the best this orientation (to the bankruptcy).The threats to the firms impose the knowledge by the managers,permanently of the economic-financial situations, of the vulnerable areas and of those with potential of development. Thus, these must identify and gesture the threats that would stop the fulfillment of the established purposes.
ISSN:1018-046X
1844-7694