Performance measurement is an area of crucial interest in asset valuation and investment management. High volatility as well as time aggregation of returns, amongst other characteristics, may distort the results of conventional measures of performance. In this work, we study the performance of...

The paper deals with the issue of analyzing the financial failure of businesses. The aim was to select key performance indicators entering the DEA model. The research was carried out on a sample of 343 Slovak heat management companies. When addressing the research problem, we made use of...

The paper deals with methods of predicting bankruptcy of a business with the aim of choosing a prediction method which will have exact results. Existing bankruptcy prediction models are a suitable tool for predicting the financial difficulties of businesses. However, such tools are based on...