Full-text resources of CEJSH and other databases are now available in the new Library of Science.
Visit https://bibliotekanauki.pl

Results found: 2

first rewind previous Page / 1 next fast forward last

Search results

help Sort By:

help Limit search:
first rewind previous Page / 1 next fast forward last
EN
The paper presents results of research into challenges, barriers, and difficulties in the business operation of enterprises following Poland's accession to the EU. The leading research questions of the project included an assessment of the implementation of systems and instruments for early warning of enterprises against corporate threats. Research focused on models to predict bankruptcy - carried out previously (i.e. at the turn of the 1980s and 1990s) in the framework of the Institute of Economic Sciences, Polish Academy of Sciences - served as a reference point for the current research results (models constructed on the basis of the institute's research are included in an annex to this paper). The comparative analysis demonstrated that significant progress has been made in the practical implementation of the early warning models as compared with the previously analyzed period.
EN
The attempts to transplant into Poland the early warning models that aim at the diagnosis of conditions that might lead to a company's insolvency have not proved satisfactory enough and, at the same time, indicated a need to build models that are better adapted to the specificity of business environment that obtains in Poland. The studies initiated in the Institute of Economics of the Polish Academy of Sciences in 1997 helped to construct a series of bankruptcy models based on discriminant analysis. Each of the seven constructed models is characterized by a specific set of indices and ratios that constitute its core and, moreover, could be applied in varying conditions. The efficacy of numerically specified models has been tested empirically. Their use enables an early (with a lead time of 3 to 4 years) identification of threats that might imperil the economic survival of a firm.
first rewind previous Page / 1 next fast forward last
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.