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
Related Articles
- EP ID EP614184
- DOI 10.17951/h.2018.52.5.27-37
- Views 66
- Downloads 0
Kierunki rozwoju e-government w kontekście zachowań społeczeństwa w odniesieniu do prywatności Trends in Development of E-Government in the Context of Social Behaviour in Relation to Privacy
The paper presents contemporary approach to the privacy protection in the European Union and Poland. It discusses the concept of citizens’ privacy protection in the scope of e-services. The paper includes results of the...
Role of Altruistic Attitudes in Cause-Related Marketing
This study identified factors affecting the effects of cause-related marketing (CrM). An empirical verification of the hypotheses confirmed that an altruistic attitude, evaluated through the willingness to help others, i...
Aktualny stan rynku private equity/venture capital w Polsce oraz bariery jego rozwoju Current condition of private equity and venture capital market in Poland and barriers to its development
The aim of the paper is to present current condition of private equity and venture capital market in Poland, showing the structure of investments according to its maturity, line of business or capital owners and main bar...
Low Interest Rates and Changes in the Banking Income Structure in EU Countries
The relaxed monetary policy of central banks conducted after the global financial crisis has led to the establishment of zero or even negative interest rates. Based on data from the ECB and central banks of the EU Member...
Consumer Behaviour in Music Industry: Generations X and Y
The first half of 2016 was the most successful time in the 21st century on the Polish music market which value reached the level of almost PLN 110 million. The main aim of this paper is to describe differences in consume...