EVALUATION OF THE BANKRUPTCY OF PHARMACEUTICAL ENTERPRISES: MODELING AND MONITORING

DOI: https://doi.org/10.29296/25419218-2019-03-07
Issue: 
3
Year: 
2019

V.S. StelmakhKhabarovsk State University of Economics and Law, 134, Tikhookeanskaya St., Khabarovsk 680042, Russian Federation

Introduction. A crisis may always occur in the development of pharmaceutical enterprises and industry as a whole; therefore, for the enterprises to continuously and sustainably operate, it is necessary to elaborate preventive tools that can predict crisis processes in advance.Objective: to create a bankruptcy assessment model for the sustainable development of Russian enterprises in the pharmaceutical industry.Material and methods. Econometric modeling was carried out using the financial statements of 266 pharmaceutical enterprises.Results. A model was created and tested, which was able to predict the probable bankruptcy of pharmaceutical enterprises.Conclusion. The results can be used to predict activities and to evaluate the performance of pharmaceutical enterprises.

Keywords: 
pharmaceutical industry
bankruptcy evaluation
monitoring
modeling
pharmaceutical enterprises

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