Bankruptcy Risk Diagnostics Model for Aviation Enterprises

  • Василий Юрьевич Жданов Московский авиационный институт
  • Ольга Анатольевна Афанасьева Московский авиационный институт
Keywords: aviation company, financial indicators system, bankruptcy risk diagnostics, logistic regression model (logit-model)

Abstract

Authors: Vasily Y. Zhdanov - National Research University "Higher School of Economics"

Olga Anatolievna Afanasyeva

The article deals with the disadvantages of using foreign models of the bankruptcy risk diagnostic to forecast the bankruptcy risk of aviation companies. The advantages of using logistic regression models (logit-model) are justified compared with the models constructed using multiple discriminant analysis (MDA-model). Logit-model is developed for diagnosing the bankruptcy risk of aviation companies.

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Published
2012-02-02
How to Cite
ЖдановВ. Ю. and АфанасьеваО. А. (2012) “Bankruptcy Risk Diagnostics Model for Aviation Enterprises”, Journal of Corporate Finance Research | ISSN: 2073-0438, 5(4), pp. 77-89. doi: 10.17323/j.jcfr.2073-0438.5.4.2011.77-89.
Section
Corporate Financial Analytics