RISK ASSESSMENT AND MANAGEMENT IN ECONOMIC ENTITIES THROUGH THE USE OF DISCRIMINATORY ANALYSIS MODELS
RISK ASSESSMENT AND MANAGEMENT IN ECONOMIC ENTITIES THROUGH THE USE OF DISCRIMINATORY ANALYSIS MODELS

Summary/Abstract: Economic developments may be unpredictable for the actors of the economic environment given the fact that, during the life of an economic entity, tough situations may occur whose manifestation can be difficult to anticipate or predict. Usually, the damage to a large segment of economic entities often occurs as a result of an economic and financial crisis, but anticipating its emergence through standardized signals or indicators may not always be feasible. Such a crisis can be the result of extraordinary, unprecedented events. Given that it is impossible to accurately assess all the risks that an economic entity may face, it would be advisable for economic entities to consider ensuring the ability to adapt quickly to changes in the economic environment. Of course, a rapid adjustment requires, among other things, that economic entities regularly carry out analyzes based on the information provided by the accounting. Therefore, it is necessary to assess the risks, in addition to conventional methods, by methods of high complexity. Therefore, through this research we aimed to address the analysis and management of risks within economic entities by using models of bankruptcy risk analysis based on the score method.

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