Katarina Valaskova

TL;DR: Robust analysis using conventional bankruptcy prediction tools revealed that the existing models are adaptable to local conditions, particularly local legislation and most of these outdated tools have sufficient capability to warn of impending financial problems several years in advance.

TL;DR: In this paper, the analysis of more than 100 bankruptcy prediction models developed in V4 countries confirms that enterprises in each country prefer different explanatory variables for developing the bankruptcy prediction model, while the choice of an appropriate and specific variable in a specific country may be very helpful for enterprises, researchers and investors in the process of construction and development of bankruptcy prediction in conditions of an individual country.

TL;DR: In this article, the authors have used the data of Slovak enterprises, obtained from annual financial reports covering the year 2015 and the calculated financial ratios of profitability, activity, liquidity and indebtedness that may affect the financial health of the company were applied in the regression analysis.

TL;DR: In this article, the issue of the debt, bankruptcy or nonbankruptcy of a company is presented as one of the ways of conceiving risk management, which is done by the identification of significant predictors having an impact on the health of Slovak companies and their future prosperity.

TL;DR: In this article, the authors analyse and compare financial ratios used in the models of transition countries, focusing on the prediction of the future financial development of a particular enterprise as well as the determination of potential dependencies among the nation in consideration of financial ratios and country of origin.