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New information technologies use for Latvian stock companies financial health evaluation

Author

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  • Sergejs Hilkevics

    (Ventspils University College)

  • Galina Hilkevica

    (Ventspils University College)

Abstract

Financial health of companies in certain region is the foundation on which the prosperity of region is based. If companies in region are healthy and successful, there are good reasons to believe that all social problems can be solved relatively easy. Regional economic development in Latvia at present time happens inhomogeniously – there is a growing region near Riga where economic and social development is going very good, and there are regions where results are worse. The main purpose of this paper is to describe, apply and provide critical review the existing information technologies based possibilities for Latvian companies' financial health evaluation. We focus on the set of financial ratios necessary for economic health evaluation and homepages parsing based methods for these ratios determination for Latvian companies.

Suggested Citation

  • Sergejs Hilkevics & Galina Hilkevica, 2017. "New information technologies use for Latvian stock companies financial health evaluation," Post-Print hal-01703267, HAL.
    • Handle: RePEc:hal:journl:hal-01703267
    DOI: 10.9770/jesi.2017.5.2(1)
    Note: View the original document on HAL open archive server: https://hal.science/hal-01703267
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    References listed on IDEAS

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    1. Lev, B & Thiagarajan, Sr, 1993. "Fundamental Information Analysis," Journal of Accounting Research, Wiley Blackwell, vol. 31(2), pages 190-215.
    2. Ou, Jane A. & Penman, Stephen H., 1989. "Financial statement analysis and the prediction of stock returns," Journal of Accounting and Economics, Elsevier, vol. 11(4), pages 295-329, November.
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    Cited by:

    1. Dana Benešová & Viera Kubičková & Anna Michálková & Monika Krošláková, 2018. "Innovation activities of gazelles in business services as a factor of sustainable growth in the Slovak Republic," Post-Print hal-01773577, HAL.
    2. O. Karasev & A. Beloshitsky & S. Trostyansky & A. Krivtsova & V.N. Valerievna, 2018. "Development of National Innovation Systems in Developed Countries," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 2), pages 701-712.
    3. Dana Benešová & Viera Kubičková & Anna Michálková & Monika Krošláková, 2018. "Innovation activities of gazelles in business services as a factor of sustainable growth in the Slovak Republic," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 5(3), pages 452-466, March.

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    Keywords

    new information technologies; fundamental analysis;

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