ASSESSMENT OF ENTERPRISES INSOLVENCY: CHALLENGES AND OPPORTUNITIES

Abstract

This article presents a review of existing tests of the assessment of enterprises insolvency. As for the users of non-financial market models, the authors apply the KISS principle (keep it simple, stupid) to research the development of risk index model, focussing on Kralicek Quick Test involved in this group. The authors study the assessment of Latvian enterprises insolvency based on historical data for 48 enterprises using Kralicek Quick Test.

DOI: http://dx.doi.org/10.5755/j01.em.17.1.2253