ANALYSIS AND EVALUATION OF THE RISK OF INSOLVENCY AND BANCRUPTCY OF COMPANIES FROM THE FOOD INDUSTRY IN STARA ZAGORA REGION
In the modern economy business failures are a matter of great concern to entrepreneurs. The purpose of this article is to predict the possibility of a deterioration in the financial situation and bankruptcy of companies. Bankruptcy models are a common tool for financial analysis and the ability to...
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| Format: | Article |
| Language: | English |
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Trakia University
2019-10-01
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| Series: | Trakia Journal of Sciences |
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| Online Access: | http://tru.uni-sz.bg/tsj/Volume%2017,%202019,%20Supplement%201,%20Series%20Social%20Sciences/3/za%20pe4at/85.pdf |
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| _version_ | 1849337991825195008 |
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| author | O. Milev |
| author_facet | O. Milev |
| author_sort | O. Milev |
| collection | DOAJ |
| description | In the modern economy business failures are a matter of great concern to entrepreneurs. The purpose of this article is to predict the possibility of a deterioration in the financial situation and bankruptcy of companies.
Bankruptcy models are a common tool for financial analysis and the ability to predict the risk of corporate insolvency and bankruptcy. The four-factor Taffler model is one of the applied risk assessment models for bankruptcy, also known as "Z-score analysis". The study presents the main points of the development of the model, examining the advantages, disadvantages and problems that arise from its implementation. The subject of the study are companies from the food industry in the Stara Zagora Region with main
production and processing of meat and meat products and manufacture of vegetable and animal oils and fats for the period 2013-2017. |
| format | Article |
| id | doaj-art-c69b7eb9ff1f4ed0b1fffd623f2bb580 |
| institution | Kabale University |
| issn | 1313-3551 |
| language | English |
| publishDate | 2019-10-01 |
| publisher | Trakia University |
| record_format | Article |
| series | Trakia Journal of Sciences |
| spelling | doaj-art-c69b7eb9ff1f4ed0b1fffd623f2bb5802025-08-20T03:44:32ZengTrakia UniversityTrakia Journal of Sciences1313-35512019-10-0117Suppl. 153754010.15547/tjs.2019.s.01.085ANALYSIS AND EVALUATION OF THE RISK OF INSOLVENCY AND BANCRUPTCY OF COMPANIES FROM THE FOOD INDUSTRY IN STARA ZAGORA REGIONO. MilevIn the modern economy business failures are a matter of great concern to entrepreneurs. The purpose of this article is to predict the possibility of a deterioration in the financial situation and bankruptcy of companies. Bankruptcy models are a common tool for financial analysis and the ability to predict the risk of corporate insolvency and bankruptcy. The four-factor Taffler model is one of the applied risk assessment models for bankruptcy, also known as "Z-score analysis". The study presents the main points of the development of the model, examining the advantages, disadvantages and problems that arise from its implementation. The subject of the study are companies from the food industry in the Stara Zagora Region with main production and processing of meat and meat products and manufacture of vegetable and animal oils and fats for the period 2013-2017.http://tru.uni-sz.bg/tsj/Volume%2017,%202019,%20Supplement%201,%20Series%20Social%20Sciences/3/za%20pe4at/85.pdftaffler "z-score model"financial analysisinstabilityrisk of bankruptcyfood industry |
| spellingShingle | O. Milev ANALYSIS AND EVALUATION OF THE RISK OF INSOLVENCY AND BANCRUPTCY OF COMPANIES FROM THE FOOD INDUSTRY IN STARA ZAGORA REGION Trakia Journal of Sciences taffler "z-score model" financial analysis instability risk of bankruptcy food industry |
| title | ANALYSIS AND EVALUATION OF THE RISK OF INSOLVENCY AND BANCRUPTCY OF COMPANIES FROM THE FOOD INDUSTRY IN STARA ZAGORA REGION |
| title_full | ANALYSIS AND EVALUATION OF THE RISK OF INSOLVENCY AND BANCRUPTCY OF COMPANIES FROM THE FOOD INDUSTRY IN STARA ZAGORA REGION |
| title_fullStr | ANALYSIS AND EVALUATION OF THE RISK OF INSOLVENCY AND BANCRUPTCY OF COMPANIES FROM THE FOOD INDUSTRY IN STARA ZAGORA REGION |
| title_full_unstemmed | ANALYSIS AND EVALUATION OF THE RISK OF INSOLVENCY AND BANCRUPTCY OF COMPANIES FROM THE FOOD INDUSTRY IN STARA ZAGORA REGION |
| title_short | ANALYSIS AND EVALUATION OF THE RISK OF INSOLVENCY AND BANCRUPTCY OF COMPANIES FROM THE FOOD INDUSTRY IN STARA ZAGORA REGION |
| title_sort | analysis and evaluation of the risk of insolvency and bancruptcy of companies from the food industry in stara zagora region |
| topic | taffler "z-score model" financial analysis instability risk of bankruptcy food industry |
| url | http://tru.uni-sz.bg/tsj/Volume%2017,%202019,%20Supplement%201,%20Series%20Social%20Sciences/3/za%20pe4at/85.pdf |
| work_keys_str_mv | AT omilev analysisandevaluationoftheriskofinsolvencyandbancruptcyofcompaniesfromthefoodindustryinstarazagoraregion |