Business, Management and Accounting
4 years ago

New models accurately predict bankruptcy risk in construction companies, saving businesses.

Accounting Analysis Auditing
Models for Predicting the Probability of Bankruptcy: Applying in Construction Companies
A. V. Voiko

Paper Summary

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The article explores different methods for predicting bankruptcy in large construction companies in Russia. By analyzing financial statements and market data, the researchers identified models that accurately forecast a company's financial health. They found that these models align with independent financial analysis and market trends, providing valuable insights for financial experts in the construction industry.