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Proceedings of the International Scientific Conference Hradec Economic Days 2019 Part I. 2019
DOI: 10.36689/uhk/hed/2019-01-042
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Ranking Score of Financial Condition and Fear of Bankruptcy to Evaluate Operation’s Continuity of Dairy Milk Processing Companies: Evidence from the Republic of Belarus

Abstract: The article covers issues of bankruptcy detection in the context of dairy milk processing companies of the Republic of Belarus. Republic of Belarus is exporter of milk products i.e. more than 60% of products are exported abroad. Gross output of milk products is more than 7 thou tons. To keep successful functioning of diary milk processing companies it is important to estimate financial condition of the companies and detect possibility of bankruptcy in time. The article contains 11 models of bankruptcy detectio… Show more

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Cited by 7 publications
(5 citation statements)
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“…The rural economy can be called laborious. The most significant factor is the number of employees, and their productivity (Kontsevaya, Сhachotkin, Kostina and Khoruziy, 2019). Enterprises should increase their average labor productivity by almost 2.2 times (to the level of marginal labor productivity of 3.2 million rubles per person).…”
Section: Discussionmentioning
confidence: 99%
“…The rural economy can be called laborious. The most significant factor is the number of employees, and their productivity (Kontsevaya, Сhachotkin, Kostina and Khoruziy, 2019). Enterprises should increase their average labor productivity by almost 2.2 times (to the level of marginal labor productivity of 3.2 million rubles per person).…”
Section: Discussionmentioning
confidence: 99%
“…The theoretical and methodological basis of the research includes the established scientific methods, works of Russian scholars (Balalova et al 2021;Bessonov and Suglobov 2019;Dudukalova et al 2020;Kontsevaya et al 2020;Maksaev et al 2021;Maloletko et al 2021;Mityushina et al 2017;Nabiyeva 2021;Orlova et al 2020;Rodionov et al 2020;Shinkareva et al 2021;Starodubtseva et al 2021;Volkov et al 2018), and recommendations of research institutions on this topic. The assessment of the current level of operating forms of the dairy complex involves methods of knowledge, analysis, and synthesis, as well as monographic and abstract-logical methods.…”
Section: Methodsmentioning
confidence: 99%
“…The scientific basis of this study is formed by the conventional methods of research and the works of Russian scholars on the role of cooperation in ensuring regional food security (Balalova et al 2021;Bank et al 2018;Bessonov and Suglobov 2019;Bessonova et al 2018Bessonova et al , 2021Dudukalova et al 2020;Kontsevaya et al 2020Kontsevaya et al , 2015Maksaev et al 2021;Maloletko et al 2021;Nabiyeva 2021;Ryabova et al 2020;Sekerin et al 2019;Shamin et al 2020). Additionally, we considered the sustainable development of cooperatives, household farms, and farming cooperatives; their share in the overall production of agricultural goods and in national food security.…”
Section: Methodsmentioning
confidence: 99%