Bankruptcy prediction in the sector of construction in Lithuania

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Collection:
Mokslo publikacijos / Scientific publications
Document Type:
Straipsnis / Article
Language:
Anglų kalba / English
Title:
Bankruptcy prediction in the sector of construction in Lithuania
Authors:
In the Journal:
Procedia - social and behavioral sciences, 2014, 156, p. 553-557
Subject Category:
LT
Ekonominė analizė. Prognozavimas / Economic analysis. Forecasting; Įmonės. Bendrovės / Companies. Enterprises.
Summary / Abstract:

ENThe paper presents the results of the research in the application of bankruptcy prediction models in the sector of construction in Lithuania. During the financial crisis, many companies in the construction sector went bankrupt. Therefore, the research aims to reveal if conventional bankruptcy prediction models are applicable in this sector. The present study distinguishes by its broad scope that was targeted for the first time (521 companies whose bankruptcy was initiated in 2009-2013 were examined). Moreover, empirical research provide conflicting results as well.

DOI:
10.1016/j.sbspro.2014.11.239
ISSN:
1877-0428
Subject:
Related Publications:
Bankruptcy prediction models: case of the construction and transport & storage sector in Lithuania. New challenges of economic and business development - 2016: society, innovations and collaborative economy: international conference: May 12-14, 2016, Riga, University of Latvia: proceedings. Riga: University of Latvia, 2016. P. 344-356.
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https://www.lituanistika.lt/content/71525
Updated:
2025-04-29 16:37:48
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