Użyteczność wyniku całkowitego w ocenie upadłości spółek giełdowych
Usefulness of the Comprehensive Income in Assessment of Listed Companies Bankruptcy

Summary/Abstract: The main subject of theoretical-empirical study presented in this paper is the estimate of the usefulness of comprehensive income, primarily associated with the prognostic capacity of this financial category in analysis and estimate of the enterprises bankruptcy risk. Realization of the fundamental objective of this paper was centered around the main research hypothesis, stating that the comprehensive income, asopposed to the net income, has a stronger predictive power because the predictive power of comprehensive income is associated with shaping the future financial results of company as the main driver of insolvency risk. The research comprised selected public electro engineering companies listed on the Warsaw Stock Exchange (qualifiedon 30.06.2017). Empirical data for the study was obtained from the half-yearly financial statements (the period from 2009 to 2016). The results show that the particular models, as well Kralicek Quick Test as a bankruptcy models of B. Prusak, D. Wierzba and J. Gajdka andD. Stos, do not give a clear conclusion on the risk of bankruptcy of the listed companies.

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