Browsing by Author "Bazarov Kh."

Now showing 1 - 1 of 1
  • Thumbnail Image
    ItemOpen Access
    Assessment of company bankruptcy
    (2019) Bazarov Kh.
    The indication of bankruptcy potential as soon and accurate as possible is a significant issue for any organization. Different methods and approaches dre implemented abroad that can find the level of bankruptcy potential in the organization. However, it cannot be said in Kazakhstan, since the bankruptcy is not as studied as it is in western countries. An integrated methodology is one of the ways that help more accurately determine which model is better applied with some specifications of the economy. In this study the comparative approach of different bankruptcy models is implemented. The model of Altman, Springate model, Zavgren and Chesser are reviewed on the sample of Kazakhstani organizations. The comparative approach is based on previous studies of bankruptcy assessment models in other developing countries. This research is dedicated to find which of models are the most relevant to assess bankruptcy potential in Kazakhstani organizations as accurate as possible.The results of analysis in this study are based on real cases of companies in Kazakhstan.