Tim Svanberg , pp. 47. MAM/Sektionen för Management, 2007.
Title: Predictions and explanation models for bankruptcy in stock-companies
– A study of three failed Swedish companies
Author: Tim Svanberg
Supervisor: Emil Numminen
Department: School of Management, Blekinge Institute of technology
Course: Bachelor’s thesis in business administration, 10 credits
Purpose: The purpose of the thesis is to find explanation for bankruptcy with the help of prediction models. The purpose is also to add explanation by using Behavioral analysis
Method: Quantitative research of bankruptcies using financial prediction models and qualitative study of psychological pitfalls. The study is deductive.
Results: I found that it is possible to explain the bankruptcies using the prediction models. The behavioural perspective adds further explanation. The results from the companies that didn’t go bankruptcy were ambiguous.