Naslov
PREDICTING BANKRUPTCY OF SHIPBUILDING COMPANIES ON THE BASIC OF FINANCIAL STATEMENT DATA

Autori
Melita, Cita ; Stanić, Milan ; Stanić, Šulentić, Marina ;

Izvornik
Journal of Accounting and Mangement 2019 (1848-137x) Vol.9, No.2 (2019); 67-76

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, prethodno priopćenje, znanstveni

Ključne riječi
bankruptcy, accounting information, shipbuilding companies, prediction models

Sažetak
Companies in their operation often face problems in meeting their financial obligations and are unable to settle their trade liabilities owed to creditors. As their liabilities exceed their assets, the bankruptcy is initiated. The relevance of bankruptcy prediction is a frequent topic of research by many authors. Shipbuilding in the Republic of Croatia was one of key industry sectors in light of large number of workers, a high share in exports, and numerous sub-contractors who were directly or indirectly participating in production. Business operations of major Croatian shipbuilding companies have deteriorated in recent years. The objective of this paper is to examine if it is possible to predict company bankruptcy on the basic of data presented in shipbuilding companies financial statements by using mathematical methods and bankruptcy prediction models.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA