Prediction of Insolvency of Hungarian Micro Enterprises

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  • Daniel Boda Szent Istvan University, Hungary
  • Martin Luptak Bureau van Dijk, Slovakia
  • László Pitlik Szent Istvan University, Hungary
  • Gabor Szucs Szent Istvan University, Hungary
  • Istvan Takacs Karoly Robert University College, Hungary

Klíčová slova:

bankruptcy, market, forecasting

Abstrakt

The aim of the study is to establish insolvency forecast model with the usage of different statistical methods and compare their efficiency. Besides this the relation and direction between indebtedness and financial distress is also part of the examination. With different approaches we nearly reached the same efficiency, the main focus was on the independent testing sample where we did not apply any modification on the dataset supposing realistic circumstances for predicting the probability of default. The research is focusing on small companies, since their number in the economy is considered high, but for this segment such insolvency forecasts are very rare.

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Reference

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Stahování

Publikováno

2016-10-31

Jak citovat

Boda, D., Luptak, M., Pitlik, L., Szucs, G., & Takacs, I. (2016). Prediction of Insolvency of Hungarian Micro Enterprises. ENTRENOVA - ENTerprise REsearch InNOVAtion, 2(1), 155–162. Získáno z https://hrcak.srce.hr/ojs/index.php/entrenova/article/view/14207

Číslo

Sekce

Financial Economics