The importance of assessing the risk of bankruptcy under the current global crisis

Like any evolutionary system, market economy is not without tensions, being confronted with internal and external destabilising factors.This study defines the risk of bankruptcy and also includes the models for evaluating a company’s bankruptcy risk.An economic and financial analysis is presented as...

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Bibliographic Details
Main Author: Pisleag, A.
Format: Article
Language:English
Published: Transilvania University Press 2010-12-01
Series:Bulletin of the Transilvania University of Brasov. Series V : Economic Sciences
Subjects:
Online Access:http://but.unitbv.ro/BU2010/Series%20V/BULETIN%20V%20PDF/291%20Pisleag.pdf
Description
Summary:Like any evolutionary system, market economy is not without tensions, being confronted with internal and external destabilising factors.This study defines the risk of bankruptcy and also includes the models for evaluating a company’s bankruptcy risk.An economic and financial analysis is presented as the most appropriate to identify the bankruptcy risk, the calculation and interpretation of the dynamic financial phenomena.
ISSN:2065-2194