Alternative Possibilities of the Insolvency-Predicting-Algorithms Using. The Case of Benchmarking and Rating in Construction Sector

In the article it has been proposed that insolvency-predicting-algorithms (pol. SWO) may be successfully used in other areas of the financial analysis. A potential use of SWO in procedures of benchmarking and rating was presented as an example and illustration. The authors suggest that it is possibl...

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Bibliographic Details
Main Authors: Krzysztof Borkowski, Waldemar Rogowski
Format: Article
Language:English
Published: VIZJA University 2007-06-01
Series:Contemporary Economics
Online Access:http://ce.vizja.pl/en/download-pdf/id/17
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Summary:In the article it has been proposed that insolvency-predicting-algorithms (pol. SWO) may be successfully used in other areas of the financial analysis. A potential use of SWO in procedures of benchmarking and rating was presented as an example and illustration. The authors suggest that it is possible to use such algorithms without deciding about the risk of the insolvency. The proposals have been illustrated with the use of the financial data of 56 companies from the construction sector.
ISSN:2084-0845