Evaluation of the Reliability of Selected Discriminatory Methods in Assessing the Financial Condition of an Enterprise
Evaluation of the Reliability of Selected Discriminatory Methods in Assessing the Financial Condition of an Enterprise

Summary/Abstract: The article aimed to comprehensively assess the predictive possibilities of discriminatory methods used in the study of the financial standing of enterprises. The empirical data analysis of 50 enterprises using 10 discriminatory models was carried out to achieve the set goal. The sample of enterprises was created by 25 entities against which liquidation bankruptcy was declared during 2007–2015 and their “healthy” counterparts. The research revealed the reliability of individual models and their usefulness in the study of financial situations by the scientifi community, as well as practitioners who analyse the financial standing of enterprises: potential and existing investors, auditors, members of supervisory boards and experts. Based on the research results, discriminant models were classifid for the last period of the study according to the accuracy of the forecasts. The publication is part of the cycle dealing with the issues of credibility assessment of early-warning methods.

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