Please use this identifier to cite or link to this item:
Type of publication: research article
Type of publication (PDB): Straipsnis kitose duomenų bazėse / Article in other databases (S4)
Field of Science: Ekonomika / Economics (S004)
Author(s): Butkus, Mindaugas;Žakarė, Sigita;Cibulskienė, Diana
Title: Bankroto diagnostikos modelis ir jo pritaikymas bankroto tikimybei Lietuvos įmonėse prognozuoti
Other Title: Bankruptcy diagnostic model and its application to predict company’s bankrupt likelihood in Lithuania
Is part of: Taikomoji ekonomika: sisteminiai tyrimai = Applied economics: systematic research. Kaunas : Vytauto Didžiojo universitetas, T. 8, nr. 1, 2014
Extent: p. 111-132
Date: 2014
Keywords: Bankrotas;Prognozavimas;Lietuva;Įmonės;Finansai;Bankruptcy;Prediction;Lithuania;Logistic regression;Companies
Abstract: Bankroto tikimybės prognozavimas pripažįstamas kertiniu norint išvengti šio reiškinio ir jo sukeliamų pasekmių. Bankroto tikimybės prognozavimui siūlomi skirtingi modeliai, tačiau, moksliniai tyrimai patvirtina, kad jie nėra pilnai tinkami Lietuvos įmonėms. Šiame straipsnyje pristatomas modelis, grindžiamas binomine logistine regresija, skirtas prognozuoti bankroto tikimybę Lietuvos įmonėse
Businesses are constantly accompanied by uncertainty and risky decisions in dynamic and competitive market economy. In this context, corporate bankruptcies have become an unavoidable phenomenon the consequence of which is not only a problem of the companies themselves, but also determine the overall development of the country’s economy. This process plays an important role in the economy because challenges companies to look for new ways to improve their performance and naturally remove inefficient participants from the market, promote competition. Various scientists have suggested many different bankrupt likelihood prediction models, but researches confirm that they are not entirely suitable for Lithuanian companies. In order to ensure business continuity it is important to prepare a model which could precisely predict bankrupt likelihood in Lithuanian companies. Both Lithuanian and foreign scientific studies focus on new specific bankrupt likelihood prediction models, but their application needs specific information. Scientific research results shows that most suitable models to predict bankrupt likelihood in Lithuanian companies are based on logistics and the multiple logistic regression. In this context, the new bankrupt likelihood prediction model is formed on the basis of logistic regression. Scientists developed various bankrupt likelihood prediction models at different times and in countries which differ in terms of development level, competitive conditions, and other characteristics. They are created using different financial data and different indicators. Country and activity specific models reduce the precision level at which they predict bankrupt likelihood in Lithuanian companies, so there is a practical problem – these models are not enough accurate for prediction. [...]
Affiliation(s): Ekonomikos katedra
Vytauto Didžiojo universitetas
Šiaulių universitetas
Appears in Collections:Taikomoji ekonomika: sisteminiai tyrimai / Applied Economics: Systematic Research 2014, nr. 8(1)
Universiteto mokslo publikacijos / University Research Publications

Files in This Item:
marc.xml11.79 kBXMLView/Open

MARC21 XML metadata

Show full item record
Export via OAI-PMH Interface in XML Formats
Export to Other Non-XML Formats

CORE Recommender

Page view(s)

checked on May 1, 2021


checked on May 1, 2021

Google ScholarTM



Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.