Prediction of financial health of business entities in transition economies / Tomas Kliestik [and six others].

Format:

Book

Author/Creator:

Klieštik, Tomáš, author.

Language:

English

Subjects (All):

Business enterprises--Developing countries--Finance.

Business enterprises.

Developing countries--Economic conditions.

Developing countries.

Physical Description:

1 online resource (481 pages)

Place of Publication:

New York : Addleton Academic Publishers, [2018]

Summary:

The topic of discussion on the suitability of applying foreign financial health prediction models is whether the model formed on the basis of specific data characterizing businesses in one country can successfully be used to predict the financial situation of businesses in other countries. In the authors’ opinion, there are many limitations and differences not only between different countries but also between different sectors within a single country as the models change over the course of time, i.e., in a sense, old prediction models are no longer able to provide a quality prediction of the upcoming default of the business.The topic of discussion on the suitability of applying foreign financial health prediction models is whether the model formed on the basis of specific data characterizing businesses in one country can successfully be used to predict the financial situation of businesses in other countries. In the authors’ opinion, there are many limitations and differences not only between different countries but also between different sectors within a single country as the models change over the course of time, i.e., in a sense, old prediction models are no longer able to provide a quality prediction of the upcoming default of the business.

Notes:

Description based on print version record.

ISBN:

1-942585-63-2

1-942585-40-3