Methodology for Adaptation of Altman’s Bankruptcy Prediction Model for Bulgaria Cover Image

Методология за адаптация на модела на Altman за прогнозиране на риска от несъстоятелност за българските условия
Methodology for Adaptation of Altman’s Bankruptcy Prediction Model for Bulgaria

Author(s): Ekaterina Tzvetanova
Subject(s): Business Economy / Management, Public Administration, International relations/trade, Financial Markets, Public Finances
Published by: Нов български университет
Keywords: Methodology; Risk; Insolvency; Bankruptcy; Altman’s Z-score

Summary/Abstract: The purpose of this study is to describe a methodology for adaptation of Altman’s bankruptcy prediction model for Bulgaria. This paper mentions the major findings and conclusions base on which was chosen a method and a bankruptcy prediction model. The article describes the main steps which are necessary to take for a building of bankruptcy prediction model with Bulgarian data set.

  • Issue Year: 1/2016
  • Issue No: 1
  • Page Range: 216-236
  • Page Count: 20
  • Language: Bulgarian