IDEAS home Printed from https://ideas.repec.org/h/cnb/ocpubc/fsr07-2.html
   My bibliography  Save this book chapter

Scoring as an Indicator of Financial Stability

In: CNB Financial Stability Report 2007

Author

Listed:
  • Petr Jakubik
  • Petr Teply

Abstract

This article presents a financial scoring model estimated on Czech corporate accounting data. Seven financial indicators capable of explaining business failure at a 1-year prediction horizon are identified. Using the model estimated in this way, an aggregate indicator of the creditworthiness of the Czech corporate sector is then constructed and its evolution over time is shown. This indicator aids the estimation of the risks of this sector gong forward and broadens the existing analytical set-up used by the Czech National Bank for its financial stability analyses. The results suggest that the creditworthiness of the Czech corporate sector steadily improved between 2004 and 2006.

Suggested Citation

  • Petr Jakubik & Petr Teply, 2008. "Scoring as an Indicator of Financial Stability," Occasional Publications - Chapters in Edited Volumes,in: CNB Financial Stability Report 2007, chapter 0, pages 76-85 Czech National Bank, Research Department.
  • Handle: RePEc:cnb:ocpubc:fsr07/2
    as

    Download full text from publisher

    File URL: http://www.cnb.cz/en/financial_stability/fs_reports/fsr_2007/FSR_2007_article_2.pdf
    Download Restriction: no

    File URL: http://www.cnb.cz/en/financial_stability/fs_research/#thema
    Download Restriction: no

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Lucie Reznakova & Svatopluk Kapounek, 2014. "Is There a Credit Crunch in the Czech Republic?," MENDELU Working Papers in Business and Economics 2014-50, Mendel University in Brno, Faculty of Business and Economics.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cnb:ocpubc:fsr07/2. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jan Babecky). General contact details of provider: http://edirc.repec.org/data/cnbgvcz.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.