Using the Methods of Data Analysis Scoring for Estimating the Risk of Bankruptcy of Firms

ªuºu ªtefãniþã ()
Additional contact information
ªuºu ªtefãniþã: Economics, Business Administration and Tourism Department Faculty of Economics and Public Administration ªtefan cel Mare University of Suceava, Romania

Ovidius University Annals, Economic Sciences Series, 2014, vol. XIV, issue 1, 743-747

Abstract: The analysis by scoring methods is usually carried out by banks in the analysis of creditworthiness, when a company asks for a bank loan. Each bank has its own analysis, including a feature-score calculated internally based on indicators defined in its credit manual. To have a national comparability, however, a scoring system should be based on more data in the situation of "public data" or available to all stakeholders. In this article, in order to achieve bankruptcy risk prediction model is used Robu-Mironiuc on which benchmarking is performed in the pre-crisis (2004-2008) vs. crisis (2009-2013). The source of information is the profit and loss account and balance sheet of the company Dorna Turism (listed on the Stock Exchange, Bucharest). The results of the analysis are interpreted while trying to formulate solutions to the economic and financial viability of the entity.

Keywords: risk; bankruptcy; Z score; evaluation and forecasting; viability. (search for similar items in EconPapers)
JEL-codes: G33 M41 (search for similar items in EconPapers)
Date: 2014
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://stec.univ-ovidius.ro/html/anale/RO/cuprins%20rezumate/volum2014p1.pdf (application/pdf)

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:ovi:oviste:v:xiv:y:2014:i:1:p:743-747

Access Statistics for this article

Ovidius University Annals, Economic Sciences Series is currently edited by Spatariu Cerasela

More articles in Ovidius University Annals, Economic Sciences Series from Ovidius University of Constantza, Faculty of Economic Sciences Contact information at EDIRC.
Bibliographic data for series maintained by Gheorghiu Gabriela ().