|
Engineering Mathematics
Assessment the bankruptcy of sectorial companies: the practice of foreign and Russian models
V. G. Mokhova, G. S. Chebotarevab a South Ural State University, Chelyabinsk, Russian Federation
b Ural Federal University, Ekaterinburg, Russian Federation
Abstract:
The article is devoted to assessing the risk of bankruptcy of Russian sectorial companies based on the implementation of foreign and domestic models. Three large groups of models, such as logit, probit and MDA-models were considered as a methodological foundation of research. Calculations were made using sixteen special private methods developed on their basis. The purpose of this paper is to study the differences in the interpretation of the probability of bankruptcy of Russian companies in relation to a set of factors. These factors include: types of companies, sources of initial information (Russian or international standards), as well as the regional affiliation of the methods used (Russian or foreign). During the calculations, a number of external and internal restrictions related to the specifics of sectorial companies were introduced. Research veracity is confirmed by the use of generally recognized models and methods, as well as the practical implementation of the results obtained. These results are recommended for use in the scientific community when conducting further research on the applicability of existing predictive models of bankruptcy to the Russian market, as well as for business owners and investors when making strategic decisions.
Keywords:
economic, bankruptcy, risk, sectorial company, modeling, logit-model, probit-model, MDA-model.
Received: 20.05.2020
Citation:
V. G. Mokhov, G. S. Chebotareva, “Assessment the bankruptcy of sectorial companies: the practice of foreign and Russian models”, J. Comp. Eng. Math., 7:3 (2020), 3–10
Linking options:
https://www.mathnet.ru/eng/jcem171 https://www.mathnet.ru/eng/jcem/v7/i3/p3
|
Statistics & downloads: |
Abstract page: | 34 | Full-text PDF : | 17 |
|