Prediction Methods of Financial Situation in Czech Companies in the Changing Business Environment

This paper focuses on prediction methods of financial situation in Czech companies. According to literature the aim of prediction methods is to point out in advance the factors which could in future endanger the existence of businesses or could even end in its bankruptcy. The aim of this paper is to present the results of empirical research focused on identifying the current situation in using of the prediction methods in Czech companies. In the paper are formulated two partial goals. The first partial goal is to define main reasons why Czech companies do not use prediction methods. The second partial goal is to identify the most used prediction methods in Czech companies. Following the aim of this paper we formulated 4 hypotheses. The validity of hypotheses was verified by statistical software programme SPSS on basis of primary data gained in questionnaire research. Thanks to 100 questionnaires received from business entities we were able to verify and evaluate the current state of using of prediction methods.