ANALYSIS OF EXTERNAL AND INTERNAL FACTORS OF BANKRUPTCY OF RUSSIAN COMPANIES (PART 1)
- Authors: Kochugueva M.N.1, Kiseleva N.N.2, Anpilov S.M.3
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Affiliations:
- the Dept. of AntiCrisis Management and Corporative Management, Plekhanov Russian University of Economics, Moscow, 117997, Russian Federation.
- the Dept. of State and Municipal Management, Institute of Service, Tourism and Design, North-Caucasus Federal University, Stavropol, 355029, Russian Federation.
- the Dept. of Applied Management, Samara State University of Economics, Samara, 443090, Russian Federation.
- Issue: Vol 4, No 10 (2013)
- Pages: 41-46
- Section: MANAGEMENT
- URL: https://journals.ssau.ru/eco/article/view/5381
- DOI: https://doi.org/10.18287/2542-0461-2013-0-10-41-46
- ID: 5381
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Abstract
In the article internal (financial and managerial) and external (macroeconomic, market, technological, political) factors of bankruptcy of Russian companies are revealed and construction of own methods of forecasting of its beginning on the basis of logit analysis is made. Russian big companies with total revenue of more than 500 mln. rubles are the object of analysis. Аlso the factors of bankruptcy are viewed; principles of information gathering with adding internal and external not financial factors are formulated; the forecasting of exact probability of bankruptcy with the help of logit analysis over the period of bankruptcy since 2007 up to 2011 is carried out, key factors of bankruptcy over some years before its start are singled out, recommendations on creating complex system of forecasting of bankruptcy are suggested.
About the authors
M. N. Kochugueva
the Dept. of AntiCrisis Management and Corporative Management, Plekhanov Russian University of Economics, Moscow, 117997, Russian Federation.
Author for correspondence.
Email: morenov.sv@ssau.ru
N. N. Kiseleva
the Dept. of State and Municipal Management, Institute of Service, Tourism and Design, North-Caucasus Federal University, Stavropol, 355029, Russian Federation.
Email: morenov.sv@ssau.ru
S. M. Anpilov
the Dept. of Applied Management, Samara State University of Economics, Samara, 443090, Russian Federation.
Email: morenov.sv@ssau.ru