Alternative bankruptcy models – first results Cover Image

Alternative bankruptcy models – first results
Alternative bankruptcy models – first results

Author(s): František Kalouda, Roman Vaníček
Subject(s): Evaluation research, Financial Markets
Published by: Masarykova univerzita nakladatelství
Keywords: discriminant function; alternative bankruptcy models; standard models;
Summary/Abstract: The article is focused on showing first results of two newly created (alternative) bankruptcy models. The used database contains available data of Czech companies (Credit Info database). Based on result comparison with standardized bankruptcy models (IN 05, Z-fce) the two new models are equivalent in one case and significantly better in the second case.