Počet záznamů: 1
Financial distress: firms before and after the 2008 crisis
- 1.0389920 - NHÚ 2013 RIV GB eng V - Výzkumná zpráva
Lízal, Lubomír - Schwarz, J.
Financial distress: firms before and after the 2008 crisis.
[Milton Keynes]: [The Open University, Faculty of Social Sciences, FINNOV Research Office], 2012. 25 s. FINNOV discussion paper, 4.5.
Grant CEP: GA MŠMT 7E10066
Institucionální podpora: RVO:67985998
Klíčová slova: financial distress * bankruptcy * Czech Republic
Kód oboru RIV: AH - Ekonomie
http://www.finnov-fp7.eu/sites/default/files/FINNOV_DP4.5.pdf
The main factors influencing the probability of bankruptcy are analyzed on Czech Republic firm level using financial and other data from the period 2006–2011, i.e. before and after the crisis of 2008. The staring basic models of the bankruptcy are compared. We show that the determinants indeed do change between period of economic growth and distress. We also show that the large and small firms have a different set of determinants of distress. Finally we assess effects of various corporate governance indicators of the enterprises on predicted possibility of default.
Trvalý link: http://hdl.handle.net/11104/0218887
Počet záznamů: 1