The paper analyses options in case of insolvency. Although insolvency plans empirically are very successful, they are …

This article designs what it calls a Credit-Risk Balance Sheet (the risk being that of default by customers), a tool … which, in principle, can contribute to revealing, controlling and managing the bad debt risk arising from a companys … = Risk. Credit is granted by a company to its customer, and can be ranked by quality (we suggest the credit scoring system …

: Towards a Theory of the Credit-Risk Balance Sheet (Vallverdu, Somoza and Moya, 2006). The Balance Sheet is conceptualised on … causal credit-risk duality, that is, a true causal relationship; its characteristics, properties and its static and dynamic … structure of the Credit-Risk Balance Sheet as a consequence of a businesss dynamics in the credit area. Given the Credit-Risk …

, have a lower degree of insolvency. But at the same time, new firms, the ones that activate in new sectors, are more exposed … the study of bankruptcy’ risk. We can notice a big increase in the number of bankruptcies from the commercial sector but … bankruptcy’s entities by exemplify the insolvency level registered in Central and Eastern Europe countries, referring to Romania …

will be presented, as well as the notion of bankruptcy risk and its relevance for baking sector. Our research results …

can create specific conditions of different types of event risk. Most important is the risk of insolvency. Analysis of …