2024
Assessment of the Financial Health and the Risk of Bankruptcy of Passenger Car Dealerships in the Czech Republic During the COVID-19 Epidemic
SVÍTIL, Martin and Ivo SVOBODABasic information
Original name
Assessment of the Financial Health and the Risk of Bankruptcy of Passenger Car Dealerships in the Czech Republic During the COVID-19 Epidemic
Authors
SVÍTIL, Martin (guarantor) and Ivo SVOBODA (203 Czech Republic, belonging to the institution)
Edition
Socioekonomické a humanitní studie, 2024, 1804-6800
Other information
Language
English
Type of outcome
Article in a journal
Field of Study
50206 Finance
Country of publisher
Czech Republic
Confidentiality degree
is not subject to a state or trade secret
References:
Organization unit
AMBIS University
Keywords in English
car dealerships;financial health;risk of bankruptcy;automotive;Z-score;IN05
Tags
Changed: 16/3/2025 21:38, Bc. Olga Puldová
Abstract
In the original language
Purpose: This article assesses the financial health and bankruptcy risk of passenger car and light commercial vehicle dealerships in the Czech Republic during the Covid-19 pandemic. Research Methodology: The study uses publicly available data from 24 selected dealerships. Models Z’ score, Z” score and IN05 are used to assess financial health and bankruptcy risk. Results: Surprisingly, the Covid-19 pandemic did not have a significant negative impact on the financial health of retailers on average during the period under review and there was no significant increase in the number of retailers at risk of financial problems or even bankruptcy. Novelty: Many studies have looked at the impact of Covid-19 on the automotive industry. However, only few have focused on the automotive sales sector (car dealerships), which is an important part of the value chain.