Detailed Information on Publication Record
2017
THE FINANCIAL HEALTH OF PUBLIC LIMITED COMPANIES IN POLAND
PRAŽÁK, TomášBasic information
Original name
THE FINANCIAL HEALTH OF PUBLIC LIMITED COMPANIES IN POLAND
Authors
PRAŽÁK, Tomáš (203 Czech Republic, guarantor, belonging to the institution)
Edition
Acta academica karviniensia, 2017, 2533-7610
Other information
Language
English
Type of outcome
Článek v odborném periodiku
Field of Study
50202 Applied Economics, Econometrics
Country of publisher
Czech Republic
Confidentiality degree
není předmětem státního či obchodního tajemství
RIV identification code
RIV/47813059:19520/17:00010954
Organization unit
School of Business Administration in Karvina
Keywords in English
Financial health; Taffler´s bankruptcy model; public limited companies; Poland; Pearson correlation coefficient.
Změněno: 7/2/2020 10:58, RNDr. Daniel Jakubík
Abstract
V originále
The financial performance and 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 financial distress of selected public limited companies in Poland. The financial health of companies is analysed by Taffler´s 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. The Taffler´s bankruptcy model is applied on the annual financial results of public limited companies in Poland from 2006 to 2015. The results indicated that 12 % of public limited companies in Poland had financial problems during observed period.