Search results for "Financial analysis"
showing 10 items of 39 documents
Z-score and P-score for bankruptcy fraud detection: a case of the construction sector in Latvia
2019
To protect investment and ensure repayment of payables, recent studies have focused on identifying the relationships between company bankruptcy and internal fraud. The P-score model that is based on the most popular Altman Z-score model has been developed to indicate the manipulation of financial statements. Purpose of the study is to determinate the accuracy and the feasibility of P-score and Z-score models to detect fraudulent bankruptcy in regional conditions, based on reports of the Latvian construction companies that failed due to fraud, and during the verification of other known data. Research methodology is based on the background studies of P-score testifying, applying this approach…
Can re-regulation of the financial sector strike back public debt?
2015
This paper analyzes the impact of financial sector policy changes on the dynamics of public debt. Using a panel of 89 countries from 1973 to 2005, we find that while the implementation of (large) financial liberalisation policies significantly raises the public debt growth rate, the adoption of financial re-regulation measures leads to a mild reduction of public debt. Looking at the different typologies of financial sector policy changes, we show that stricter banking supervision, privatisations and restrictions to international capital flows contribute to a fast decline of the growth rate of public debt. In contrast, the removal of entry barriers and the elimination of interest rate contro…
Clinical and financial analysis of an acute palliative care unit in an oncological department
2008
The aim of this article is to describe the clinical activity and medical intervention of an acute model of palliative care unit (APC), as well as the reimbursement procedures and economic viability. A sample of 504 patients admitted at an APC in 1 year was surveyed. Indications for admission, pain and symptom intensity, analgesic treatments, procedures, instrumental examinations and modalities of discharge were recorded. For each patient, tariff for reimbursement was calculated according to the existent disease related grouping (DRG) system. The mean age was 62 years, and 246 patients were males. The mean hospital stay was 5.4 days. Pain control was the most frequent indication for admissi…
New Challenges of Economic and Business Development – 2012 : Conference Proceedings (May 10 - 12, 2012, Riga, University of Latvia)
2012
Support for Conference Proceedings by ERAF Project "Support for the international cooperation projects and other international cooperation activities in research and technology at the University of Latvia" No. 2010/0202/2DP/2.1.1.2.0/10/APIA/VIAA/013
Using Principle of Complementarity when Diagnosing Complex Logistic Activities by Applying Alternative Approach
2012
The paper considers the problem of obtaining new data in process of diagnostics of a recognized transportation company. Such knowledge should not contradict to existing theories and objective means, but should be aimed instead at improving the diagnoses issued. By investigating the methodological problem by virtue of the principle of complementarity, the goals of making fundamental changes are achieved without disturbing the efficiency of the enterprise activities.
Due Diligence Matrix for Main User Groups of Financial Analysis
2014
Abstract Today the financial analysis indicators of an enterprise are topical for both internal and external users of an enterprise. Unfortunately, often to analyze the financial status of an enterprise and to identify the potential of an enterprise, it is not enough to have customary financial analysis indicators. In this paper, the data of the research that was conducted by the end of the year 2013 has been used. 1935 respondents took part in the survey – representatives of the leading business sectors in Latvia and representatives of the large and medium-sized enterprises. In the research, the authors have applied quantitative and qualitative methods of economics such as the mathematical…
New Trend to Evaluate the Management of Companies: An Application of the Methodologies of Radar Chart
2014
The methodology of radar chart arises as an alternative answer to traditional measures on management of companies' activities. How to answer to market disruptions? It is a question solved by this methodology, which allows us to measure the management of each area represented on a radar chart by applying principles of plane geometry. In this methodology, a decision on a management area affects to the result of other areas because it has a multidirectional effect. Its application is carried out on a Spanish company.
Return on capital in Spanish tourism businesses: A comparative analysis of family vs non-family businesses
2016
The analysis of the keys to competitiveness in the tourism sector has an unquestionable justification for its importance in the Spanish economy and its global growth prospects. The need for a better understanding of the keys to the competitiveness of the tourism firm is also fuelled by the magnitude of the challenges that it faces and by the sector structure, characterised by a notable weight of family-owned businesses. The objective of this research lies precisely in developing a diagnosis of the return on capital of the tourism sector and the determinants of its evolution in the family business (FB) vs non-family business (NFB). Specifically, this study focuses on the analysis of both fir…
Financial Sustainability and Morphogenesis of Urban Transformation Project
2015
The urban transformation projects are very complex and have to be examined from several points of view (socio-cultural, environmental, infrastructural, administrative, and economic-financial) to determine their sustainability. This study aims to test the financial analysis as a tool for outlining the morphogenesis of the project’s characteristics and exploring the frontiers of the financial feasibility especially when the urban projects, according to Italian laws, involve Public Private Partnerships (PPPs). A financial model is applied to a case study (the transformation of an abandoned railway area) in which the absence of an adequate returns on investment, because of the crisis of the rea…
The Sicilian Landscape. Reuse, Renovation and Financial Feasibility Analysis for a Rural Village
2016
The rural landscape heritage is a great richness for the Italian territory. Unfortunately, in recent years, he has undergone gradual degradation that have undermined and damaged the original quality characteristics. Interventions of recovery, reuse, repair and renovation of rural areas are needed in order to improve the quality of life and be a point of attraction for the community, whether they are residents, visitors, tourists or businessmen who intend to invest capital and resources. Suitable instrument for a first testing of the convenience viability of private investors interested in setting up operations is the pre-financial feasibility analysis, here used relating to a part of the pr…