ABOUT POSSIBILITY OF USAGE METHODOLOGICAL APPROACHES TO BANKRUPTCY PREDICTION

Analysis of the most common foreign methods showed that they were designed to analyze enterprises in the sustainable economic development with low-shadowing of the economy. The most appropriate retrospective analysis results were obtained using Springate model, Lis ratio and Beaver ratio. Domestic m...

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Main Author: Ruslan Valentinovich Druzin
Format: Article
Language:English
Published: University of Bacău 2013-12-01
Series:Studies and Scientific Researches: Economics Edition
Subjects:
Online Access:http://sceco.ub.ro/index.php/SCECO/article/view/186
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spelling doaj-3e46adc58b6b4acfbda07d9375610b722020-11-24T22:18:06ZengUniversity of BacăuStudies and Scientific Researches: Economics Edition2066-561X2344-13212013-12-0101810.29358/sceco.v0i18.186180ABOUT POSSIBILITY OF USAGE METHODOLOGICAL APPROACHES TO BANKRUPTCY PREDICTIONRuslan Valentinovich Druzin0Taurida National V.I.Vernadsky UniversityAnalysis of the most common foreign methods showed that they were designed to analyze enterprises in the sustainable economic development with low-shadowing of the economy. The most appropriate retrospective analysis results were obtained using Springate model, Lis ratio and Beaver ratio. Domestic methods analysis allows us to conclude that they make it difficult to account criterion of insolvency using a number of factors. Ukrainian researchers, as well as foreigners, use indexes for bankruptcy prediction that are based on convolution values of different insolvency signs. However, we believe that usage of a single indicator as a result doesn’t allow us to make an insolvency diagnosis. The reason is high probability of an erroneous calculation because of the unreliability of the data used. Also, one of domestic methods problems is their orientation to the official statistics that increases the error due to significant domestic shadowing economy.http://sceco.ub.ro/index.php/SCECO/article/view/186bankruptcycrisisenterprisescreditorUkraine
collection DOAJ
language English
format Article
sources DOAJ
author Ruslan Valentinovich Druzin
spellingShingle Ruslan Valentinovich Druzin
ABOUT POSSIBILITY OF USAGE METHODOLOGICAL APPROACHES TO BANKRUPTCY PREDICTION
Studies and Scientific Researches: Economics Edition
bankruptcy
crisis
enterprises
creditor
Ukraine
author_facet Ruslan Valentinovich Druzin
author_sort Ruslan Valentinovich Druzin
title ABOUT POSSIBILITY OF USAGE METHODOLOGICAL APPROACHES TO BANKRUPTCY PREDICTION
title_short ABOUT POSSIBILITY OF USAGE METHODOLOGICAL APPROACHES TO BANKRUPTCY PREDICTION
title_full ABOUT POSSIBILITY OF USAGE METHODOLOGICAL APPROACHES TO BANKRUPTCY PREDICTION
title_fullStr ABOUT POSSIBILITY OF USAGE METHODOLOGICAL APPROACHES TO BANKRUPTCY PREDICTION
title_full_unstemmed ABOUT POSSIBILITY OF USAGE METHODOLOGICAL APPROACHES TO BANKRUPTCY PREDICTION
title_sort about possibility of usage methodological approaches to bankruptcy prediction
publisher University of Bacău
series Studies and Scientific Researches: Economics Edition
issn 2066-561X
2344-1321
publishDate 2013-12-01
description Analysis of the most common foreign methods showed that they were designed to analyze enterprises in the sustainable economic development with low-shadowing of the economy. The most appropriate retrospective analysis results were obtained using Springate model, Lis ratio and Beaver ratio. Domestic methods analysis allows us to conclude that they make it difficult to account criterion of insolvency using a number of factors. Ukrainian researchers, as well as foreigners, use indexes for bankruptcy prediction that are based on convolution values of different insolvency signs. However, we believe that usage of a single indicator as a result doesn’t allow us to make an insolvency diagnosis. The reason is high probability of an erroneous calculation because of the unreliability of the data used. Also, one of domestic methods problems is their orientation to the official statistics that increases the error due to significant domestic shadowing economy.
topic bankruptcy
crisis
enterprises
creditor
Ukraine
url http://sceco.ub.ro/index.php/SCECO/article/view/186
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