D 2018

The Potential Threat of Corporate Financial Distress in Switzerland

PRAŽÁK, Tomáš

Basic information

Original name

The Potential Threat of Corporate Financial Distress in Switzerland

Authors

PRAŽÁK, Tomáš (203 Czech Republic, guarantor, belonging to the institution)

Edition

Switzerland, Advances in Time Series Data Methods in Applied Economic Research, p. 365-376, 12 pp. 2018

Publisher

Springer Nature Switzerland AG

Other information

Language

English

Type of outcome

Stať ve sborníku

Field of Study

50206 Finance

Confidentiality degree

není předmětem státního či obchodního tajemství

Publication form

printed version "print"

RIV identification code

RIV/47813059:19520/18:00011174

Organization unit

School of Business Administration in Karvina

ISBN

978-3-030-02193-1

Keywords in English

Financial distress; Taffler bankruptcy model; Switzerland; Pearson correlation coefficient
Změněno: 21/11/2019 15:05, RNDr. Daniel Jakubík

Abstract

V originále

The financial performance and the financial health of companies is given through the ability to generate added value. For the resulting effect of creating added value, maximum activity is required. Otherwise, companies have significant payment difficulties that can be resolved by a radical change in its activities or structure. The aim of this paper is to indicate potential threat of the corporate financial distress in Switzerland. The financial health of companies is analyzed by Taffler bankruptcy model. The construction of the predictive models and the bankruptcy models are based on actual data from companies which were threatened by bankruptcy in previous years.