INSOLVENCY PREDICTION IN THE PORTUGUESE CONSTRUCTION INDUSTRY

Elisabete S. VİEİRA; Carlos PİNHO; Carla CORREİA

Makale detayları

INSOLVENCY PREDICTION IN THE PORTUGUESE CONSTRUCTION INDUSTRY

Yazarlar:

Elisabete S. VİEİRA | Carlos PİNHO | Carla CORREİA

Yayıncı:

Marmara University

Ana Başlıklar:

Sosyoloji & antropoloji

Dergi:

Marmara Journal of European Studies 2013 Vol.21 Issue 2, pp.143-164

Belge Tipi:

Makale

Yayın Tarihi:

2/2015

Belge Dili:

İngilizce

Document ID (Org No.):

2000751394

Sıklık:

İki Yıllık

eISSN:

2529-0037

pISSN:

1301-1359

Anahtar kelimeler:

Özet:

 

This study tries to determine the firms’ specific variables considered determinant to predict the probability of insolvency of Portuguese companies in the construction industry, considering a sample of 150 insolvent firms and 150 operating companies. We consider a set of economic and financial ratios to analyze the insolvency prediction and apply the linear probability model, as well as the Logit and Probit models. The results show that the main ratio to predict the insolvency was the cash-flow to total assets ratio, suggesting that the higher the cash-flow to total assets ratio value, the lower the probability of insolvency. The results can be used by policy makers to minimize the spill over effect of construction crisis to the economy.

Makale detayları

INSOLVENCY PREDICTION IN THE PORTUGUESE CONSTRUCTION INDUSTRY

Yazarlar:

Elisabete S. VİEİRA | Carlos PİNHO | Carla CORREİA

Yayıncı:

Marmara University

Ana Başlıklar:

Sosyoloji & antropoloji

Dergi:

Marmara Journal of European Studies 2013 Vol.21 Issue 2, pp.143-164

Belge Tipi:

Makale

Yayın Tarihi:

2/2015

Belge Dili:

İngilizce

Document ID (Org No.):

2000751394

Sıklık:

İki Yıllık

eISSN:

2529-0037

pISSN:

1301-1359

İflas

iflas tahmini

finansal oranlar

Sayı

Makale detayları

INSOLVENCY PREDICTION IN THE PORTUGUESE CONSTRUCTION INDUSTRY

Yazarlar: Elisabete S. VİEİRA | Carlos PİNHO | Carla CORREİA

Yayıncı: Marmara University

Ana Başlıklar: Sosyoloji & antropoloji

Dergi: Marmara Journal of European Studies 2013 Vol.21 Issue 2, pp.143-164

Belge Tipi: Makale

Yayın Tarihi: 2/2015

Belge Dili: İngilizce

Document ID (Org No.): 2000751394

Sıklık: İki Yıllık

eISSN: 2529-0037

pISSN: 1301-1359

İflas

iflas tahmini

finansal oranlar

Sayı

Yazarlar:

Elisabete S. VİEİRA | Carlos PİNHO | Carla CORREİA

Yayıncı:

Marmara University

Ana Başlıklar:

Sosyoloji & antropoloji

Dergi:

Marmara Journal of European Studies 2013 Vol.21 Issue 2, pp.143-164

Belge Tipi:

Makale

Yayın Tarihi:

2/2015

Belge Dili:

İngilizce

Document ID (Org No.):

2000751394

Sıklık:

İki Yıllık

eISSN:

2529-0037

pISSN:

1301-1359