Identifying Symptoms of Bankruptcy Risk Based on Polish Bankruptcy Prediction Models – a Case Study of Próchnik S.A.
Journal Title: Annales Universitatis Mariae Curie-Skłodowska Sectio H Oeconomia - Year 2018, Vol 0, Issue 0
Abstract
The article aimed to identify the main symptoms of Próchnik’s bankruptcy risk. Próchnik announced its liquidation bankruptcy in 2018. Analysis and assessment of Próchnik’s risk of insolvency was based on the Polish models of bankruptcy prediction, and the study covered the activity of the company between 2010 and 2017. The most important identified risk factors that determined Próchnik’s insolvency were loss of profitability, problems with financial liquidity, diminishing effectiveness of the management of the company’s assets, and poor structure of capital.
Authors and Affiliations
Andrzej Kuciński
Keywords
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- EP ID EP614184
- DOI 10.17951/h.2018.52.5.27-37
- Views 63
- Downloads 0
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