Success of prediction models in Slovak companies

Ivana Podhorska ()
Additional contact information
Ivana Podhorska: University of Zilina, Slovak Republic Author-2-Name: Maria Misankova Author-2-Workplace-Name: "University of Zilina, Slovak Republic "

GATR Journals from Global Academy of Training and Research (GATR) Enterprise

Abstract: "Objective � The issue of bankrupt of company is very actual topic not only in Slovakia but also in abroad. The reason is that many companies have problem with the question of their probability of default or bankrupt and also with their financial health as a whole. This paper deals with the issue of prediction models and captures the applicability of these models in the Slovak conditions. Methodology/Technique � In this paper are applied eight selected prediction models in the sample of 74 companies from Slovak Republic. In addition, this paper calculated one financial ratio from the category of company�s indebtedness. Based on this calculation is done the comparison between results of predictions models and results of indebtedness financial ratio. Findings � They tested eight different prediction models and their findings present that best results were achieved by Fulmer, Poznanski and Zmijewski model. Weak results achieved IN05, CH-index and Sharita model. Novelty � This paper provides explanatory ability and success of individual prediction models in Slovak conditions."

Keywords: Prediction Models; Financial Health; Bankrupt; Non-Bankrupt; Indebtedness Financial Ratio. (search for similar items in EconPapers)
JEL-codes: G33 I19 K35 (search for similar items in EconPapers)
Pages: 6
Date: 2016-10-06
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published in Global Journal of Business and Social Science Review, Volume 4, Issue 4.

Downloads: (external link)
http://gatrenterprise.com/GATRJournals/pdf_files/G ... horska_4(4)_2016.pdf (application/pdf)
http://gatrenterprise.com/GATRJournals/online_submission.html

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gtr:gatrjs:gjbssr446

Access Statistics for this paper

More papers in GATR Journals from Global Academy of Training and Research (GATR) Enterprise
Bibliographic data for series maintained by Prof. Dr. Abd Rahim Mohamad ().