|
|
Financial distress of companies in Poland.
- Article from:
-
International Advances in Economic Research
- Article date:
-
November 1, 2004
- Author:
-
|
Copyright informationCOPYRIGHT 2004 Atlantic Economic Society. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Abstract
The study examines main determinants of financial distress of companies in Poland during the recent transformation period. Data compose a sample of 1995-97 annual financial statements of 200 unlisted companies in Poland. Degree of financial distress is expressed either by the binomial variable or by the trinomial ordered variable. The attempted models (binomial and trinomial logit) explain the distress variable for 1997 by the financial indicators evaluated on the basis of financial statements from previous years. The results are sensitive to the choice of explanatory variables in the models. The forecast accuracy of the estimated models lies in the range of 80-90 ...
Related newspaper, magazine, and journal articles:
|
Predicting corporate financial distress: Reflections on choice-based...
Journal of Economics and Finance;
July 1, 2002 ;
700+ words
......bankruptcy. Most financial distress models actually...observations made during company visits to indicate...that anticipates financial distress of supplier firms...predict corporate financial distress. The lack of work on financial distress results in ...
|
|
Changes in Health, Negative Financial Events, and Financial...
Financial Counseling and Planning;
July 1, 2006 ;
700+ words
......the relationship between health and financial distress/financial well-being and differences...s rho indicated those with lower financial distress, higher financial well-being in 2005...financial events, and (c) with lower financial distress and greater financial well-being...
|
|
Predicting corporate financial distress: A new neural networks approach
Finance India;
June 1, 2002 ;
700+ words
......This paper examines and models the financial distress prediction using neural network approach...discriminating and predicting the firm financial distress. The best model is based on the information...capability. Introduction A FIRM'S FINANCIAL distress remains one of the most ...
|
|
Estimates of financial distress costs revisited: evidence from TSE-listed...
Atlantic Economic Journal;
March 1, 2008 ;
582 words
......have a wide range of estimates for financial distress costs. [Ben Branch (2002), The Cost...pp. 39-57.] When combining direct financial distress costs which primarily include the...employee compensation and indirect financial distress costs which include the deterioration...
|
|
The early stages of financial distress
Journal of Economics and Finance;
July 1, 1999 ;
700+ words
...Abstract More firms enter financial distress as a result of poor management...value for firms entering financial distress as a result of poor management...In the early stages of financial distress, median firm operating...
|
|
The impact of the response measure used for financial distress on results...
Academy of Accounting and Financial Studies Journal;
September 1, 2007 ;
700+ words
......accounting information in predicting financial distress have used many different responses as proxies for financial distress. They often compare results...intended construct, economic financial distress. The primary purpose of this...
|
|
THE IMPACT OF THE RESPONSE MEASURE USED FOR FINANCIAL DISTRESS ON RESULTS...
Academy of Accounting and Financial Studies Journal;
September 1, 2007 ;
700+ words
......accounting information in predicting financial distress have used many different responses as proxies for financial distress. They often compare results...intended construct, economic financial distress. The primary purpose of this...
|
|
Ownership Structure and Financial Distress: Evidence from Public-listed...
International Journal of Management;
September 1, 2006 ;
700+ words
......and ownership on probability of financial distress. The results indicate that the...significant effect on the likelihood of financial distress. Elloumi and Gueyi (2001) report...related with the probability of financial distress for a sample of Canadian firms...shareholders and the ...
|
|
Identifying financial distress in the insurance industry: a synthesis of...
Journal of Risk and Insurance;
December 1, 1992 ;
700+ words
......In this article, financial distress and insolvency are...classifying and predicting financial distress in the insurance industry...property-liability company retirements (compiled from A. M. Best Company, 1961-1990). Insolvency...classify and identify financial distress ...
|
|
Financial distress in Australian general insurers.
Journal of Risk and Insurance;
June 1, 2007 ;
700+ words
......general insurers experiencing financial distress over the 1999-2001 period. Using a logit model and two measures of financial distress we are able to predict, with...2001 to HIH, a large insurance company, led to concerns relating to...identify financial institutions in financial ...
|
|
BULGARIA: MUNICIPALITIES IN FINANCIAL DISTRESS TO BE ALLOTTED BGN 10...
US Fed News Service, Including US State News;
April 13, 2006 ;
117 words
......government allots BGN 10 mln to municipalities in financial distress. At today's session the government adopted...procedures for assisting municipalities in financial distress in 2006. The document aims to strengthen...
|
|
Maintaining liquidity to avoid financial distress.(private companies)
Financial Executive;
November 1, 2008 ;
700+ words
......challenging economic times, managing your company's liquidity will allow your firm...its business viability and avoid financial distress. Financial distress results from...vital, especially for increasing a company's credit line. Request the increase...
|
|
Tevel Digital in financial distress, needs 'large- scale' funds
Jerusalem Post;
March 22, 2002 ;
336 words
......Headline: Tevel Digital in financial distress, needs 'large- scale' funds...yesterday that the Tevel cable company, in which it has an indirect...Exchange expressed doubt that the company would actually be able to...noting that at this stage the company does not have arrangements...
|
|
A Framework for Financial Statement Analysis Part 5: Prediction of...
Business Credit;
September 1, 2000 ;
700+ words
......I'm going to examine here--financial distress scores. In my opinion, too...approach is to look at the financial distress (or credit) score, see what...those accounts that your company has relatively low exposure...predicts the bond rating of the company); two Z-score models by...good ...
|
|
William Blair & Company Initiates Coverage of Huron Consulting Group Inc....
PR Newswire;
November 22, 2004 ;
433 words
......PRNewswire/ -- William Blair & Company today announced that it initiated...investigations, regulation, financial distress, and other causes of change...an Outperform rating and company profile of Aggressive Growth...Litfin estimated that the company would earn $0.87 per share...in 2005 ...
|
See all results.
Or, try our
Advanced Search.
|