Finanskrisens påverkan på konkursprediktion
Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesisAlternative title
The Impact of the Financial Crisis on Bankruptcy Prediction (English)
Prior research on the ability of financial ratios to predict bankruptcies has shown a significant difference between the companies that went into bankruptcy and those that survived. This paper investigates whether there is a difference in the prediction ability of financial ratios during the last financial crisis compared to relatively normal macroeconomic environments in which most previous studies have been conducted. We use univariate analysis to compare companies that went into bankruptcy during 2010 and 2011 with companies that remained active. Our dataset consists of 51 failed companies that are matched with 102 companies that remained active. All companies were Swedish limited companies with more than 50 employees and the comparison is made with 26 financial ratios. Our result indicates that financial ratios were better tools to predict bankruptcy during the crisis than during more stable macroeconomic conditions. In total 24 of the analyzed financial ratios differed significantly between the two populations and many of them showed significance earlier prior to the bankruptcy than in comparable studies.
Place, publisher, year, edition, pages
2013. , 56 p.
corporate failure, financial ratios, global financial crisis, predict bankruptcies, Sweden
företagsmisslyckande, finansiella nyckeltal, global finanskris, förutspå konkurser, konkursprediktion, Sverige
IdentifiersURN: urn:nbn:se:uu:diva-194134OAI: oai:DiVA.org:uu-194134DiVA: diva2:604379
Subject / course
UppsokSocial and Behavioural Science, Law
Forsberg, Per, docent