Assessment of factors that affect the bankruptcy of an organization

Abstract

Analysis of factors that influence the company's bankruptcy is one of the main tasks for companies that want to assess their financial situation and prevent possible bankruptcy in a timely manner. This article analyzes the factors that affect the company's bankruptcy. A logistic regression model was constructed based on the indicators of both bankrupt and financially stable companies. During the development of the model, significant factors were identified for predicting the bankruptcy of the organization. The results will be useful both for future bankruptcy researchers and for those companies that want to assess their financial situation.