Determining and Identifying Financial Risks for Companies

Ładowanie...
Miniatura

Data

2013

Tytuł czasopisma

ISSN czasopisma

Tytuł tomu

Wydawca

Wyższa Szkoła Biznesu - National-Louis University in Nowy Sącz

Abstrakt

Bankruptcy is a process registered in the operation of the free market economy. The basis for this phenomenon is very complex and it possesses economic, legal, and even social repercussions. With the recent financial crisis and the problems of many businesses in our country, it is certainty unfortunately that the issue of bankruptcy is still current and present in the present reality. With regard to the consequences of this phenomenon being of not only an economic nature but above all of a social one, it’s worth looking to a rapid assessment of a company’s financial problems, which a financial unit by unit analysis would give. This paper aims at showing the economic issues related to the financial risk of a company as well as attempting to form models for forecasting bankruptcy in individual cases in current Polish conditions.

Opis

Słowa kluczowe

bankruptcy, company’s financial risk, early-warning models

Cytowanie

Business and non-profit organizations facing increased competition and growing customers' demands / ed. by Adam Nalepka, Anna Ujwary-Gil. Nowy Sącz : Wyższa Szkoła Biznesu - National-Louis University, cop. 2013. - S. 335-347