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- W259762613 abstract "The purpose of this paper represents the foundation of a score function, effective in the forecast of bankruptcy risk for companies in the Romanian economy. In order to achieve bankrupt / non-bankrupt discrimination in the econometric model, we have used relevant indicators regarding liquidity, indebtment and profitability. Based on the financial information for 2010, on a sample of 70 enterprises, we have developed an econometric model for the forecast of bankruptcy risk, subsequently tested on a new sample of 30 enterprises. The results achieved can form a landmark for Romanian enterprises in substantiating decisions, with the purpose to avoid financial failure." @default.
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- W259762613 date "2012-01-01" @default.
- W259762613 modified "2023-09-26" @default.
- W259762613 title "Forecasting the Bankruptcy Risk on the Example of Romanian Enterprises" @default.
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