Detailed Information on Publication Record
2004
Manipulace zisku a vypovídací schopnost Altmanova modelu.
KALOUDA, FrantiekBasic information
Original name
Manipulace zisku a vypovídací schopnost Altmanova modelu.
Name (in English)
Manipulation of Profit and its Influence to the Testimony Ability of the Altman Model.
Authors
KALOUDA, Frantiek (203 Czech Republic, guarantor)
Edition
Košice, Slovensko, Acta Oeconomica Cassoviensia, No 8, p. 247-253, 7 pp. 2004
Publisher
PHF EU
Other information
Language
Czech
Type of outcome
Stať ve sborníku
Field of Study
50200 5.2 Economics and Business
Country of publisher
Slovakia
Confidentiality degree
není předmětem státního či obchodního tajemství
RIV identification code
RIV/00216224:14560/04:00011483
Organization unit
Faculty of Economics and Administration
ISBN
80-225-1844-1
Keywords in English
Z-function;testimony ability; credibility;profit manipulation; first derivative; two versions of Z-function; stadardization of finantial management of the firm in CR
Tags
Změněno: 13/7/2004 09:13, Ing. František Kalouda, CSc., MBA
V originále
Píspvek je vnován problematice citlivosti vypovídací schopnosti Z-funkce na manipulace vstupních dat. S vyuitím derivace funkce je definován funkní pedpis parametrické citlivosti Z-funkce na manipulaci zisku. Jsou formulovány rovn pedpkoklady a situace, v nich je Z-funkce i za souasných podmínek v ekonomice R pouitelná bez výraznjích omezení. V diskusi je vnována rovn pozornost budoucí nezbytn nutné standardizaci finanního ízení podnik v podmínkách R, nebo autor lánku odmítá povaovat souasné pomry v R v tomto smru za dlouhodob pijatelné.
In English
The contribution is dedicated to a problem of development of Altman model (Z-function, Z-score, etc.) into its two variants, which are called as variant Inc. and variant Ltd.. The article is returning in a certain manner to original resources of philosophy of creation and application of this bankruptcy/value model, that is still regard as actual. We will attend to universal connections of development of Altman model in a country of its origin and in relation to a eventual manipulation of input data of the Z-function. The article is interested in real consequences of Z-function development in relation to the aim of contribution - the manipulation of company economic result (explicitly EBIT) to better values (technique window dressing). The results of the contribution in principle unambiguously demonstrate, that variant Ltd. of Altmans model is less sensitive to manipulation of profit then the original Z-function (variant Inc.).
Links
| GA402/02/1408, research and development project |
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