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Vol.12, No.1, February 2023. ISSN: 2217-8309 eISSN: 2217-8333
TEM Journal
TECHNOLOGY, EDUCATION, MANAGEMENT, INFORMATICS Association for Information Communication Technology Education and Science |
Predictive Financial Analysis as a Tool for Business Management
Marián Smorada, Andrea Lukáčková, Zuzana Hajduová, Ľudovít Šrenkel, Ján Havier
© 2023 Zuzana Hajduová, published by UIKTEN. This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License. (CC BY-NC-ND 4.0)
Citation Information: TEM Journal. Volume 12, Issue 1, Pages 147-155, ISSN 2217-8309, DOI: 10.18421/TEM121-20, February 2023.
Received: 19 November 2022. Revised: 01 February 2023.
Abstract:
The focus of this paper is the application of one-dimensional discriminant analysis in specific conditions of economic practice. The research sample of the enterprises has shown, that even these methods can better warn against nearing bankruptcy by predicting whether business will or will not be sustainable. The assumptions of research were verified in a group consisting of prosperous and non-prosperous business entities. The results of the original research show that one-dimensional discriminatory methods had a higher reliability than the multidimensional ones on the sample of enterprises surveyed. The method of discriminant analysis established is relevant for research in this conditions.
Keywords –sustainable strategy, business practices, sustainable, predictive method, enterprises. |
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