Financial Health Assessment of Pig-breeding Companies in Slovakia - Altman's Z-score and TOPSIS Results Comparison

被引：0

作者：

Kuncova, Martina ^{[1
]}

Fiala, Roman ^{[1
]}

Hedija, Veronika ^{[1
]}

机构：

[1] Coll Polytech Jihlava, Dept Econ Studies, Tolsteho 16, Jihlava 58601, Czech Republic

来源：

38TH INTERNATIONAL CONFERENCE ON MATHEMATICAL METHODS IN ECONOMICS (MME 2020) | 2020年

关键词：

multi-criteria comparison; TOPSIS; Altman Z-score; pig-breeding companies; bankruptcy models; MODEL;

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper aims to investigate the financial health of firms belonging to the pig-breeding sector in Slovakia using two different methods which are suitable for financial health assessment and to compare the results of these methods. The research sample contained 32 pig-breeding companies (group 01.4.6 according to Statistical classification of economic activities in the European Community - NACE). These firms were assessed for the year 2017. Given the procedures used to evaluate financial health, 11 criteria were selected to focus on profitability, liquidity, activity and leverage. For measuring financial health Altman Z ' score model and Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) were used. The data were obtained from Bisnode Al-bertina database. It was revealed that about half of the companies in the research group are financially healthy; the other half are not. Both methods applied for the analysis provide similar results.

引用

页码：339 / 345

页数：7

共 15 条

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