The main purpose of this paper is to consider the development of total factor productivity in the development of gross value added in individual sectors of the economy of the Czech Republic in the period from 1996 - 2011. The National Account was the source of the data. The paper addresses the...

The goal of this paper is to investigate the impact of technology investments on production efficiency in manufacturing companies and how different these relationships are for low-technology and high-technology companies. The empirical part was based on the analysis of 2,848 large, small and...

The analysis of factors which have the strongest influence on rating can contribute to the higher information availability of market participants, and it enables to react on changes and new information sooner and independently from rating agencies. The paper presents an estimation of corporate...

The paper is focused on the use of survival analysis for the modelling of time to event data. The main aim of this paper is to analyse the time to corporate bankruptcy, estimate multivariable survival models using different approaches of survival analysis and compare the resulting models. In...

The paper examines changes in the financial performance of industrial companies across twelve EU countries. Specifically, changes in five financial ratios over the period 2005-2009 are investigated. The data used in this paper is extracted from Amadeus database and comprises more than 21,500...

The objective of the paper is to apply three selected approaches for credit rating prediction, linear discriminant analysis, multinomial logistic regression and decision trees. The models are based on data of European companies' financial indicators and MORE rating. A special attention is paid...

The aim of this paper is to examine the impact of the recent financial crisis on the average financial performance of selected companies from the European Union. In this study, five financial ratios of industrial companies from twenty-one countries over the period 2005–2009 are investigated....

The paper is focused on examining and modelling the relationship between selected financial indicators and credit rating assessment. The influence of rating agencies is significant, mainly because their risk assessment is incorporated in regulatory provisions in many countries. As a result, it...