What is it about?

Contribution analysis factors, affecting financial performance of the mining company, results of analysis determined negative development of financial and executive business situation of the firm in the future. Consequently there were proposed recommendations with possible costs cut down with aim to achieve savings and improve indicators of business activity.

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Why is it important?

Negative impacts of the economic crisis causes bankruptcy of companies. Contribution shows how to avoid possible decline and bankruptcy in mining industry in post communist countries, such as Slovakia.

Perspectives

Author deal with the factors, influencing bankrupty from various views - from the view of the industry, country seat of the company, etc.

Assoc.prof., PhD. Katarína Čulková
Technical University Košice

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This page is a summary of: Using of Bankruptcy Indexes for Slovak Mining Firm Development, Applied Mechanics and Materials, December 2014, Trans Tech Publications,
DOI: 10.4028/www.scientific.net/amm.708.239.
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