Open AccessĮmonių bankroto prognozavimo modelių tinkamumo nustatymas
Author(s) -
Jonas Mackevičius,
Simona Silvanavičiūtė
Publication year - 2006
Publication title -
verslas: teorija ir praktika
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.369
H-Index - 17
eISSN - 1822-4202
pISSN - 1648-0627
DOI - 10.3846/btp.2006.24
Subject(s) - bankruptcy , lithuanian , bankruptcy prediction , business , business administration , philosophy , finance , linguistics
Financial data is the main source of enterprise bankruptcy prediction. Applying bankruptcy prediction models, which consist of significant financial ratios, is one of the most simple as well as accurate ways for predicting bankruptcy of enterprises. With the help of these models, the threat of bankruptcy could be noticed several years before the process of bankruptcy actually starts. The research has proved the linear discriminant models (Altman, Springate, Taffler & Tisshaw) to be the most suitable for predicting bankruptcy in Lithuanian companies