Macroeconomic determinants of corporate failures in Poland

Jędrzej Siciński


This study aims at identifying macroeconomic factors of corporate bankruptcy.The main objective of this work is to analyse quantity of bankruptcy in Poland in 2000-2017 and attempt to estimate parameters of the regression model where the number of insolvent companies is explained by variance of macroeconomic factors. Essential data has been collected from GUS and Coface resources. Based on selected, macroecomic variables, econometric cause-effect model has been developed. The equation has been estimated by the Ordinary Least Squares method (OLS). A statistical investigation resulted in observing few macroeconomic factors with influence on corporate failure intensity in Poland, among others: expenditures on consumer goods and services, export and exchange rates.
Author Jędrzej Siciński (FM / DBE)
Jędrzej Siciński,,
- Department of Business Economics
Journal seriesWspółczesna Gospodarka, ISSN 2082-677X, (N/A 0 pkt)
Issue year2019
Publication size in sheets0.55
Keywords in Polishupadłość, niewypłacalność, upadłość korporacyjna, model regresji, przewidywanie upadłości
Keywords in Englishbankruptcy, insolvency, corporate failure, regression models, bankruptcy prediction
Languageen angielski
LicenseJournal (articles only); published final; Uznanie Autorstwa (CC-BY); with publication
Score (nominal)5
Score sourcejournalList
ScoreMinisterial score = 5.0, 17-11-2019, ArticleFromJournal
Citation count*
Share Share

Get link to the record

* presented citation count is obtained through Internet information analysis and it is close to the number calculated by the Publish or Perish system.
Are you sure?