Assessment of the Insolvency Risk in Companies Listed on the Bucharest Stock Exchange
The present study presents, from the theoretical and pragmatic point of view, 6 of the established score models regarding the assessment of the insolvency risk, belonging to the Anglo-Saxon, Continental and Romanian schools. The research sample is made up of 26 companies belonging to the hotel indus...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2019-12-01
|
| Series: | Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice |
| Subjects: | |
| Online Access: | https://doi.org/10.2478/sues-2019-0018 |
| _version_ | 1811215102109548544 |
|---|---|
| author | Balteș Nicolae Pavel Ruxandra Maria |
| author_facet | Balteș Nicolae Pavel Ruxandra Maria |
| author_sort | Balteș Nicolae |
| collection | DOAJ |
| description | The present study presents, from the theoretical and pragmatic point of view, 6 of the established score models regarding the assessment of the insolvency risk, belonging to the Anglo-Saxon, Continental and Romanian schools. The research sample is made up of 26 companies belonging to the hotel industry and restaurants, listed on the Bucharest Stock Exchange. The research was carried out over a period of 11 years (2007-2017). Following the application of the score models, it was found that during the period covered by the research, a number of 14 companies had a relatively high insolvency risk and 12 of them had a relatively low insolvency risk. |
| first_indexed | 2024-04-12T06:16:49Z |
| format | Article |
| id | doaj.art-1325fd98bac5481dab8c9e7605718732 |
| institution | Directory Open Access Journal |
| issn | 1584-2339 2285-3065 |
| language | English |
| last_indexed | 2024-04-12T06:16:49Z |
| publishDate | 2019-12-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice |
| spelling | doaj.art-1325fd98bac5481dab8c9e76057187322022-12-22T03:44:27ZengSciendoStudia Universitatis Vasile Goldis Arad, Seria Stiinte Economice1584-23392285-30652019-12-01294587110.2478/sues-2019-0018sues-2019-0018Assessment of the Insolvency Risk in Companies Listed on the Bucharest Stock ExchangeBalteș Nicolae0Pavel Ruxandra Maria1Faculty of Economics, „Lucian Blaga” University of Sibiu, RomaniaFaculty of Economics, „Lucian Blaga” University of Sibiu, RomaniaThe present study presents, from the theoretical and pragmatic point of view, 6 of the established score models regarding the assessment of the insolvency risk, belonging to the Anglo-Saxon, Continental and Romanian schools. The research sample is made up of 26 companies belonging to the hotel industry and restaurants, listed on the Bucharest Stock Exchange. The research was carried out over a period of 11 years (2007-2017). Following the application of the score models, it was found that during the period covered by the research, a number of 14 companies had a relatively high insolvency risk and 12 of them had a relatively low insolvency risk.https://doi.org/10.2478/sues-2019-0018insolvency riskbankruptcyfinancial difficultyscore modelsfinancial performanceg32g15 |
| spellingShingle | Balteș Nicolae Pavel Ruxandra Maria Assessment of the Insolvency Risk in Companies Listed on the Bucharest Stock Exchange Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice insolvency risk bankruptcy financial difficulty score models financial performance g32 g15 |
| title | Assessment of the Insolvency Risk in Companies Listed on the Bucharest Stock Exchange |
| title_full | Assessment of the Insolvency Risk in Companies Listed on the Bucharest Stock Exchange |
| title_fullStr | Assessment of the Insolvency Risk in Companies Listed on the Bucharest Stock Exchange |
| title_full_unstemmed | Assessment of the Insolvency Risk in Companies Listed on the Bucharest Stock Exchange |
| title_short | Assessment of the Insolvency Risk in Companies Listed on the Bucharest Stock Exchange |
| title_sort | assessment of the insolvency risk in companies listed on the bucharest stock exchange |
| topic | insolvency risk bankruptcy financial difficulty score models financial performance g32 g15 |
| url | https://doi.org/10.2478/sues-2019-0018 |
| work_keys_str_mv | AT baltesnicolae assessmentoftheinsolvencyriskincompanieslistedonthebuchareststockexchange AT pavelruxandramaria assessmentoftheinsolvencyriskincompanieslistedonthebuchareststockexchange |