Forecasting bankruptcy risk of international commercial road transport companies
by Rafał Balina; Sławomir Juszczyk
International Journal of Management and Enterprise Development (IJMED), Vol. 13, No. 1, 2014

Abstract: This article focuses on a study whose thesis was to ascertain whether current bankruptcy forecasting models are effective in relation to companies involved in international commercial road transport. A second issue was addressed - whether a forecasting model designed by the authors, including industry variables, is more effective than the current general models. The relevancy study of current general bankruptcy forecasting methods, as they relate to this specific industry, has shown an inadequate level of performance resulting in the development of an industry specific bankruptcy forecasting model which indicates greater accuracy.

Online publication date: Tue, 17-Jun-2014

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