БАНКРОТСТВО ПРЕДПРИЯТИЙ И АНТИКРИЗИСНОЕ УПРАВЛЕНИЕ
Bankrupting companies and anti critical management

Summary/Abstract: The article presents two most widespread approaches to viewing bankruptcy: ¨ From the perspective of economists and politicians, companies’ bankruptcy is an inherent element of the market that promotes technical, industrial and social improvement. ¨ From the other point of view, a bankruptcy is damaging not only for a company itself, but also for the whole society as a failing company does not account for its creditors, its employees lose their jobs etc. The problem of a diagnostics of a company is essentially focused on the determination of the fact whether a company is insolvent and what the timing of its bankruptcy case is. There are two aspects of the diagnostics of the bankruptcy question: 1. First of all, it is important for a company itself to have definite criteria that would enable us to judge the approach towards the critical point. 2. Next, a definite criterion is needed in order to define the outer indicators from the market perspective. Most commonly used models of bankruptcy probability forecasting are those of E. Altman which integrate the influence of two, five or seven factors.

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