Research background: Effective monitoring of financial health is essential in the financial
management of enterprises. Early studies to predict corporate bankruptcy were published at …

Research background: Since the first bankruptcy prediction models were developed in the
60's of the 20th century, numerous different models have been constructed all over the …

The issue of insolvency prediction, or especially the corporate bankruptcy modelling has an
irreplaceable role not only for the management of the companies to provide the appropriate …

Bankruptcy models are used to assess credit risk and predict financial situation to indicate
the probable bankruptcy of the company. Contribution deals with the application of chosen …

Research background: Nomenclature of Economic Activities NACE C includes the wide
spread of enterprises, such as manufacturers of machinery and equipment, motor vehicles …

Numerous economists and analysts from all over the world have been trying to find an
appropriate method to assess company health and to predict its eventual financial distress …

The problem of bankruptcy prediction models has been a current issue for decades,
especially in the era of strong competition in markets and a constantly growing number of …

Bankruptcy prediction and the understanding of the causes for economic failure have a
financial utility. The purpose of this study is to compare the predictive power, on the …

In order to accurately and objectively evaluate the performance of the company and to
determine the factors influencing the company's financial condition and results of operations …