Title Bankruptcy prediction in the sector of construction in Lithuania /
Authors Marcinkevičius, Rosvydas ; Kanapickienė, Rasa
DOI 10.1016/j.sbspro.2014.11.239
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Is Part of Procedia: social and behavioral sciences.. Amsterdam : Elsevier BV. 2014, vol. 156, p. 553-557.. ISSN 1877-0428
Keywords [eng] Bankruptcy ; Bankruptcy prediction ; Bankruptcy prediction models
Abstract [eng] The 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.
Published Amsterdam : Elsevier BV
Type Conference paper
Language English
Publication date 2014