Autor segons l'article: Alvarez-Ferrer, Antonio; Campa-Planas, Fernando
Departament: Gestió d'Empreses
Autor/s de la URV: Campa Planas, Fernando
Paraules clau: Z-scoring Hospitality Financial ratios Business failure prediction Business failure Bankruptcy process
Resum: The main goal of this study is to carry out an analysis about the bankrupt of companies in the hospitality sector in Spain from 2007 to 2017, applying prediction formulas of business failure. The development of models for insolvency prediction began in the United States with the pioneering works of Beaver and Altman in the 1960s. After years of methodological improvements and studies applied to different sectors, it has not been possible to unify a method applicable by the Academia. Therefore, the realization of this study has been using the formula Z of Altman of 1968 and 1983 and compare them with the formula Z of Amat et al. of 2017. The two methods of Z-Score applied to the companies of the hospitality sector in Spain in bankruptcy process show us a highly percentage of matches in the exercises before the official bankruptcy process, being Altman the one that obtains a better approach to the total number of bankruptcy companies.
Àrees temàtiques: Tourism, leisure and hospitality management Sociology Revistas de historia y filosofía Revistas de ciencias economicas y empresariales Political sciences and international relations Nature and landscape conservation Linguística e literatura Interdisciplinary research in the social sciences Interdisciplinar Human geography and urban studies Hospitality, leisure, sport & tourism Geography, planning and development Geografía Engenharias iii Economics Economia Ciencias sociales Antropologia / arqueologia Administração pública e de empresas, ciências contábeis e turismo
Accès a la llicència d'ús: https://creativecommons.org/licenses/by/3.0/es/
ISSN: 11397861
Adreça de correu electrònic de l'autor: fernando.campa@urv.cat fernando.campa@urv.cat
Identificador de l'autor: 0000-0001-7175-6698 0000-0001-7175-6698
Data d'alta del registre: 2024-07-27
Versió de l'article dipositat: info:eu-repo/semantics/publishedVersion
Enllaç font original: https://search.proquest.com/openview/b0f26f2b998d7da4abff43f71cb34b34/1?pq-origsite=gscholar&cbl=2035771
URL Document de llicència: https://repositori.urv.cat/ca/proteccio-de-dades/
Referència a l'article segons font original: Cuadernos De Turismo. (45): 33-59
Referència de l'ítem segons les normes APA: Alvarez-Ferrer, Antonio; Campa-Planas, Fernando (2020). The prediction of business failure in the hospitality business. Cuadernos De Turismo, (45), 33-59. DOI: 10.6018/turismo.426031
DOI de l'article: 10.6018/turismo.426031
Entitat: Universitat Rovira i Virgili
Any de publicació de la revista: 2020
Tipus de publicació: Journal Publications
Repositori URV