Email this article Bankruptcy-prediction models for Russian enterprises: Specific sector-related characteristics
- Authors: Fedorova E.A.1,2, Dovzhenko S.E.3, Fedorov F.Y.2
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Affiliations:
- Higher School of Economics
- Financial University under the Government of the Russian Federation
- St. Petersburg State University
- Issue: Vol 27, No 3 (2016)
- Pages: 254-261
- Section: Financial Problems
- URL: https://journals.rcsi.science/1075-7007/article/view/213556
- DOI: https://doi.org/10.1134/S1075700716030060
- ID: 213556
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Abstract
Analyzing the accounting reports of 8573 Russian companies, the article determined the threshold values of the indicators for known foreign and domestic bankruptcy probability models for ten sectors of the economy. The developed a ten-factor bankruptcy model is based on sector-specific threshold values and has a relatively high predictive power for the majority of sectors.
About the authors
E. A. Fedorova
Higher School of Economics; Financial University under the Government of the Russian Federation
Author for correspondence.
Email: ecolena@mail.ru
Russian Federation, Moscow; Moscow
S. E. Dovzhenko
St. Petersburg State University
Email: ecolena@mail.ru
Russian Federation, St. Petersburg
F. Yu. Fedorov
Financial University under the Government of the Russian Federation
Email: ecolena@mail.ru
Russian Federation, Moscow
