Minimization of Insolvency Risk – Proposal for a Model Solution Cover Image

Minimalizacja ryzyka niewypłacalności przedsiębiorstw – propozycja rozwiązania modelowego
Minimization of Insolvency Risk – Proposal for a Model Solution

Author(s): Justyna Franc-Dąbrowska, Małgorzata Porada-Rochoń
Subject(s): Business Economy / Management
Published by: Wydawnictwo Naukowe Uniwersytetu Marii Curie-Sklodowskiej
Keywords: insolvency; risk; company;

Summary/Abstract: The aim of the paper was to present the ideological model for minimizing the risk of insolvency of enterprises. In order to achieve the objective of the study, the literature on the subject and generalization was analyzed, taking into account the author’s several years of research on insolvency issues in the company. It was found that a holistic approach was necessary to assess the financial health of the companies. Without a comprehensive approach, that takes into account financial data and the so-called soft data related to human functioning as an individual or a team, it will be impossible to effectively prevent insolvency. The approach to the factors affecting the company from the environment or the unit will have a direct impact on whether or not it will be possible to secure the company’s financial security.

  • Issue Year: LI/2017
  • Issue No: 6
  • Page Range: 85-94
  • Page Count: 10
  • Language: Polish