Prof. Z.A. SAGDILLAYEVA
Email:z.sagdullayeva@tsue.uz
JEL Classification: M52 K42
聽 Abstract: This paper examines the concepts of “economic insolvency” and “bankruptcy” and provides a comparative analysis of traditional and modern methods for assessing economic insolvency and bankruptcy. Individual domestic and foreign criteria that determine economic insolvency and bankruptcy are identified. Methodologies are presented based on the use of complex integrated indicators that take into account not only the financial condition, but also the institutional characteristics of the business.
聽Key words: Economic insolvency, bankruptcy, creditors, solvency, liquidity, stability.