The method of stress testing for the crisis situations’ warning in the company
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2023-10-24 11:59
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005.334 (72)
Activități manageriale (431)
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TIMUŞ, Angela, TOACĂ, Zinovia. The method of stress testing for the crisis situations’ warning in the company. In: Creşterea economică în condiţiile globalizării, Ed. 16, 12-13 octombrie 2022, Chișinău. Chisinau, Moldova: INCE, 2022, Ediția 16, pp. 38-38a.
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Dublin Core
Creşterea economică în condiţiile globalizării
Ediția 16, 2022
Conferința "Creşterea economică în condiţiile globalizării"
16, Chișinău, Moldova, 12-13 octombrie 2022

The method of stress testing for the crisis situations’ warning in the company

CZU: 005.334
JEL: D81, G32, C62, C68.

Pag. 38-38a

Timuş Angela1, Toacă Zinovia2
 
1 National Institute for Economic Research of Moldova,
2 Academy of Economic Studies of Moldova
 
 
Disponibil în IBN: 3 noiembrie 2022


Rezumat

The resilience of enterprises from the perspective of strategies to prevent and combat crises is increasingly discussed by researchers and experts interested in ensuring the reliability of the entity in the conditions of systemic crises. The multiple negative effects registered by companies, including their bankruptcy, outlined the major importance of adapting the stress-test models applied by banks to allow early warning of the crisis at the company. The stress-test method adapted for entities was developed and applied in the practice of Ukraine, the Russian Federation for commercial enterprises (Iahina T.P., 2014), industrial production (Rodionov D. G., 2020), tested in SMEs (Filobkova L.Y., 2010), etc. These researches provide us with a methodological basis to develop our own models adjusted to the conjuncture and the situation of domestic enterprises. The proposed models are relevant and constitute a reference for deep risk analysis, making appropriate decisions that would increase resilience, reduce the potential risk of bankruptcy. The paper highlights the theoretical approaches and adapted methods applied in the stress-test of the enterprise, the main advantages and challenges of the stress tests being outlined. The paper designs the organization of the stress test within the enterprise, including the methods and indicators used, a model of the risk matrix and the stress test scenario are highlighted.

Cuvinte-cheie
Risk, enterprise resilience, stability, stress test models