Theoretical and Applied Economics
No. 1 / 2012 (566)
Using Quantitative Data Analysis Techniques for Bankruptcy Risk Estimation for Corporations
Bucharest Academy of Economic Studies
Georgeta VINTILĂ
Bucharest Academy of Economic Studies
Maricica MOSCALU
Bucharest Academy of Economic Studies
Maria-Oana FILIPESCU
Bucharest Academy of Economic Studies
Paula LAZĂR
Bucharest Academy of Economic Studies
Abstract. Diversification of methods and techniques for quantification and management of risk has led to the development of many mathematical models, a large part of which focused on measuring bankruptcy risk for businesses. In financial analysis there are many indicators which can be used to assess the risk of bankruptcy of enterprises but to make an assessment it is needed to reduce the number of indicators and this can be achieved through principal component, cluster and discriminant analyses techniques. In this context, the article aims to build a scoring function used to identify bankrupt companies, using a sample of companies listed on Bucharest Stock Exchange.
Contents
Testing the Asymmetry of Shocks with Euro Area
The Population and the Labor Force Market
Negative Income Tax and Labor Market Participation. A Short Run Analysis
The Industry – a Vulnerable Source of Economic Recovery in Romania
Sustainable Development of South-West Oltenia Region in the Current Economic Crisis
The New and the Future Look of the Economy
The Spread of Economic Ideas among Romanian People. Case Study: Alexandru D. Xenopol
Using Quantitative Data Analysis Techniques for Bankruptcy Risk Estimation for Corporations
The New Governance and Globalization
The Political Economy of World Heavyweight Boxing during the Great Depression