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Measuring The Risk Of Bankruptcy In The Commercial Sector In Romania

Author

Listed:
  • Batrancea Larissa-Margareta

    (Babes-Bolyai University Cluj-Napoca, Faculty of Business)

Abstract

In this paper, the author presents ways to evaluate the rating of commercial entities based on logit model. On this basis were determined the ranges of financial security and was set the probability of failure of these firms in Romania.

Suggested Citation

  • Batrancea Larissa-Margareta, 2011. "Measuring The Risk Of Bankruptcy In The Commercial Sector In Romania," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 393-399, December.
    • Handle: RePEc:ora:journl:v:1:y:2011:i:2:p:393-399
    as

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    File URL: http://anale.steconomiceuoradea.ro/volume/2011/n2/054.pdf
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    References listed on IDEAS

    as
    1. Altman, Edward I. & Marco, Giancarlo & Varetto, Franco, 1994. "Corporate distress diagnosis: Comparisons using linear discriminant analysis and neural networks (the Italian experience)," Journal of Banking & Finance, Elsevier, vol. 18(3), pages 505-529, May.
    2. Lo, Andrew W., 1986. "Logit versus discriminant analysis : A specification test and application to corporate bankruptcies," Journal of Econometrics, Elsevier, vol. 31(2), pages 151-178, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    rating; financial ratios; rating models;
    All these keywords.

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

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