The issue of the debt, bankruptcy or non-bankruptcy of a company is presented in this article
as one of the ways of conceiving risk management. We use the Amadeus database to obtain …

Research background: Financial risk management is the task of monitoring financial risks
and managing their impact. Financial risk is often perceived as the risk that a company may …

In recent decades, predicting company bankruptcies and financial troubles has become a
major concern for various stakeholders. Furthermore, because financially sustainable …

The risk of corporate financial distress negatively affects the operation of the enterprise itself
and can change the financial performance of all other partners that come into close or wider …

Prediction of the financial difficulties of companies has been dealt with over the last years by
scientists and economists worldwide. Several prediction models mostly focused on a …

Predicting the risk of financial distress of enterprises is an inseparable part of financial-
economic analysis, helping investors and creditors reveal the performance stability of any …

At the level of an enterprise, decisions must be taken in such a way as to ensure the
exploitation of opportunities as well as reducing or eliminating risks where possible …

Risk management is one of the most important internal process, not only in large companies
but also in small and medium-sized enterprises (SMEs). To identify the source of risk can be …

To ensure the economic security of companies, it is necessary to introduce a risk
management system based on the use of various tools, especially financial ones. The …

Research background: In a modern economy, full of complexities, ensuring a business'
financial stability, and increasing its financial performance and competitiveness, has …