Publication detail

Sensitive analyze as tool for decision making with reorganization of insolvent company

POLÁČEK, T.

Original Title

Sensitive analyze as tool for decision making with reorganization of insolvent company

Type

journal article - other

Language

English

Original Abstract

The paper draws on the results of previous studies recoverability of creditor’s claims, where it was research from debtor’s point of view and his/her debts on the Czech Republic financial market. The company, which fell into a bankruptcy hearing, has several legislatively supported options how to deal with this situation and repay creditors money. Each of the options has been specified as a variant of a decision-making tree. This paper is focused on finding the upper limit for worth of reorganization through the eyes of creditors. The heuristic based on partially unknown probabilities on chance nodes replaced by intervals of probabilities variants. The result is then focused on the comparison and evaluation of the possible best variant for creditors to keep promoting reorganization as the solution for indebted company. A realistic case study is presented in full details. Further introduction of decision making with uncertainties in insolvency proceedings.

Keywords

Insolvency, restructuring, decision – making tree, probabilities, creditors claim, sensitive analyze, reorganization

Authors

POLÁČEK, T.

Released

7. 6. 2017

ISBN

1802-8527

Periodical

TRENDY EKONOMIKY A MANAGEMENTU

Year of study

11

Number

28

State

Czech Republic

Pages from

63

Pages to

71

Pages count

8

BibTex

@article{BUT137000,
  author="Tomáš {Poláček}",
  title="Sensitive analyze as tool for decision making with reorganization of insolvent company",
  journal="TRENDY EKONOMIKY A MANAGEMENTU",
  year="2017",
  volume="11",
  number="28",
  pages="63--71",
  doi="10.13164/trends.2017.28.63",
  issn="1802-8527"
}