TO ASSESS THE RELIABILITY OF MODELS TO PREDICT THE INSOLVENCY (BANKRUPTCY)
S. V. Shpak () and
O. V. Borisova ()
Business Strategies, 2019, issue 5
Abstract:
The establishment of an accurate assessment of the financial stability of the organization is particularly relevant in a period of unstable economic situation. The reliability of the models and methods used in assessing the likelihood of insolvency (bankruptcy) is a key factor in the effectiveness of monitoring the financial stability of an organization. A comparative evaluation of the accuracy of domestic models was carried out based on a study of 709 operating companies and 1,124 bankrupt companies. As a result, a technique was revealed that showed the most accurate results, which will allow financial services to improve the accuracy of the assessment and reduce the time for its implementation.
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:aci:journl:y:2019:id:536
DOI: 10.17747/2311-7184-2019-5-21-25
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