Validez de la información financiera en los procesos de insolvencia. Un estudio de la pequeña empresa española

Abstract

In this paper we propose a dual purpose, first raised the possibility that this crisis has unevenly affected the motivation for companies to fail, and moreover, as a secondary objective, we try to check the validity of certain models prediction in a context of strong variation caused by the current economic crisis.

To this end, the financial information initially submitted two samples of small business financial data to various statistical tests reveal the change of accounting information in two stages, a lack of crisis and another to the current financial crisis. Then apply the models to predict paths selected samples before and after the crisis, to determine their predictive ability in both contexts.

Finally we conclude that the current crisis does not differ, attending to the behavior of the principal managerial variables, of other previous crises there being revealed the validity of the models of prediction of the managerial bankruptcy.