Success of Prediction Models in Slovak Companies

Journal Title: GATR Global Journal of Business & Social Science Review - Year 2016, Vol 4, Issue 4

Abstract

Objective The issue of bankrupt of company is very actual topic not only in Slovakia but also in abroad. The reason is that many companies have problem with the question of their probability of default or bankrupt and also with their financial health as a whole. This paper deals with the issue of prediction models and captures the applicability of these models in the Slovak conditions. Methodology/Technique In this paper are applied eight selected prediction models in the sample of 74 companies from Slovak Republic. In addition, this paper calculated one financial ratio from the category of company´s indebtedness. Based on this calculation is done the comparison between results of predictions models and results of indebtedness financial ratio. Findings They tested eight different prediction models and their findings present that best results were achieved by Fulmer, Poznanski and Zmijewski model. Weak results achieved IN05, CH-index and Sharita model. Novelty : This paper provides explanatory ability and success of individual prediction models in Slovak conditions.

Authors and Affiliations

Ivana Podhorska, Maria Misankova

Keywords

Related Articles

The Influence of the Types of Compensation (Financial and Non-Financial) on Job Performance among Employees at the Employees' Provident Fund (EPF) in Kuala Terengganu, Terengganu, Malaysia

Objective - This study looks at the effect of types of compensation on job performance. It was an exploratory case study conducted at the Employees Provident Fund (EPF) of Kuala Terengganu, Terengganu, Malaysia. Methodo...

Interference Issues and Conflict of Activities at Dam Water Catchment Area in State of Selangor Malaysia

Objective- Dams in Selangor before, is located far from the urban area without any interference from human activity. But over the time, the dam now approached by municipal area with the threat. The objective of this stud...

Social Capital, Migration, and Social Integration

Objective –This paper focuses on exploring the ways in which social capital is utilised to promote the integration of Vietnamese women who married Taiwanese husbands into host families and the host. Methodology/Technique...

"The Village Creative Industries": Solution Strengthening Regional Competitiveness In The Asean Economic Community (AEC) (Study Case In Kendang Jimbe Industry At Blitar, East Java)

Objective - The purpose of this paper is to develop the potential of the region through the establishment of a model village of the creative industries in the regions as a reinforcement of local industries in the face of...

Reviving the local government election in Malaysia?

Objective - Malaysia used to practice local government election before it was suspended due to several issues. Following the abolishment, the mode of election has been changed with the appointment of mayors and councillo...

Download PDF file
  • EP ID EP185004
  • DOI -
  • Views 105
  • Downloads 0

How To Cite

Ivana Podhorska, Maria Misankova (2016). Success of Prediction Models in Slovak Companies. GATR Global Journal of Business & Social Science Review, 4(4), 54-59. https://europub.co.uk/articles/-A-185004