[
Akgun, A.I., Karataş, A.M. (2020). Investigating the relationship between working capital management and business performance: Evidence from the 2008 financial crisis of EU- 28. International Journal of Managerial Finance, 17(4), 545–567. DOI: 10.1108/IJMF-08-2019-0294.
]Search in Google Scholar
[
Akhtar, M., Yusheng, K., Haris, M., Ain, Q.U., Javaid, H.M. (2021). Impact of financial leverage on sustainable growth, market performance, and profitability. Economic Change and Restructuring, 55, 737–774. DOI: 10.1007/s10644-021-09321-z.
]Search in Google Scholar
[
Alexy, J. (2005). Financna a ekonomicka analyza. Bratislava: IRIS.
]Search in Google Scholar
[
Altman, E. (1968). Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy. The Journal of Finance, 23(4), 589–609. DOI: 10.2307/2978933.
]Search in Google Scholar
[
Beaver, W.H. (1966). Financial Ratios as Predictors of Failure. Journal of Accounting Research, 4(1), 77–111. DOI: 10.2307/2490171.
]Search in Google Scholar
[
Beerman, K. (1976). Possible Ways of Predict Capital Losses with Annual Financial Statements. University of Dusseldorf, Germany.
]Search in Google Scholar
[
Cam, I., Ozer, G. (2021). Institutional quality and corporate financing decisions around the world. North American Journal of Economics and Finance, 57, 101401. DOI: 10.1016/j. najef.2021.101401.
]Search in Google Scholar
[
Cao, Y., Zhang, J.H., Ma, X.Y. (2019). Optimal financing and production decisions for a supply chain with buyer-backed purchase order financing contract. IEEE Access, 7, 119384–119392.
]Search in Google Scholar
[
Chudik, A., Mohaddes, K., Pesaran, M.H., Raissi, M. (2017). Is there a debt-threshold effect on output growth? Review of Economics and Statistics, 99(1), 135–150. DOI: 10.1162/REST_a_00593.
]Search in Google Scholar
[
Cline, B.N., Fu, X., Tang, T. (2020). Shareholder investment horizons and bank debt financing. Journal of Banking & Finance, 110, 105656. DOI: 10.1016/j.jbankfin.2019.105656.
]Search in Google Scholar
[
Dawson, A. (2021). Robotic Wireless Sensor Networks, Big Data-driven Decision-Making Processes, and Cyber-Physical System-based Real-Time Monitoring in Sustainable Product Lifecycle Management. Economics, Management, and Financial Markets, 16(2), 95-105. DOI: 10.22381/emfm16220216.
]Search in Google Scholar
[
Furlong, K.M. (2021). Full‐cost recovery= debt recovery: How infrastructure financing models lead to overcapacity, debt, and disconnection. Wiley Interdisciplinary Reviews-Water, 8(2), e1503. DOI: 10.1002/wat2.1503.
]Search in Google Scholar
[
Gajdosikova, D., Valaskova, K., Durana, P. (2022). Earnings Management and Corporate Performance in the Scope of Firm-Specific Features. Journal of Risk and Financial Management, 15(10), 426. DOI: 10.3390/jrfm15100426.
]Search in Google Scholar
[
Gajdosikova, D., Valaskova, K., Kliestik, T., Machova, V. (2022). COVID-19 Pandemic and Its Impact on Challenges in the Construction Sector: A Case Study of Slovak Enterprises. Mathematics, 10(17), 31–30. DOI: 10.3390/math10173130.
]Search in Google Scholar
[
Gepp, A., Kumar, K. (2015). Predicting Financial Distress: A Comparision of Survival Analysis and Decision Tree Techniques. Eleventh International Conference on Communication Networks. 54(63), 396–404. DOI: 10.1016/J.PROCS.2015.06.046.
]Search in Google Scholar
[
Gregova, E. (2017). Makroekonomia. Zilina: Edis.
]Search in Google Scholar
[
Gregova, E., Smrcka, L., Michalkova, L. Svabova, L. (2021). Impact of Tax Benefits and Earnings Management on Capital structures Across V4 Countries. Acta Polytechnica Hungarica, 18(3), 221–244. DOI: 10.12700/APH.18.3.2021.3.12.
]Search in Google Scholar
[
Grofcikova, J. (2020). Impact of selected determinants of corporate governance on financial performance of companies. Ekonomicko-manazerske spektrum, 14(2), 12–23.
]Search in Google Scholar
[
Grundy, B.D., Verwijmeren, P. (2020). The external financing of investment. Journal of Corporate Finance, 65, 101745. DOI: 10.1016/j.jcorpfin.2020.101745.
]Search in Google Scholar
[
Hamilton, S. (2021). Real-Time Big Data Analytics, Sustainable Industry 4.0 Wireless Networks, and Internet of Things-based Decision Support Systems in Cyber-Physical Smart Manufacturing. Economics, Management, and Financial Markets, 16(2), 84–94. DOI: 10.22381/emfm16220215.
]Search in Google Scholar
[
Hlawiczka, R., Blazek, R., Santoro, G., Zanellato, G. (2021). Comparison of the terms creative accounting, earnings management and fraudulent accounting through bibliographic analysis. Ekonomicko-manazerske spektrum, 15(2), 27–37.
]Search in Google Scholar
[
Hooda, J., Singh, V., Dangi, A. (2021). Discriminant model of revenue prediction: a study of selected top performing companies’ management in India. Journal of Revenue and Pricing Management, 20(32), 185–193. DOI: 10.1057/s41272-021-00299-x.
]Search in Google Scholar
[
Ionescu, L. (2021). Corporate Environmental Performance, Climate Change Mitigation, and Green Innovation Behavior in Sustainable Finance. Economics, Management, and Financial Markets, 16(3), 94–106. DOI: 10.22381/emfm16320216.
]Search in Google Scholar
[
Jankelova, N., Joniakova, Z., Misun, J. (2021). Innovative Work Behavior-A Key Factor in Business Performance? The Role of Team Cognitive Diversity and Teamwork Climate in This Relationship. Journal of Risk and Financial Management, 14(4), 185. DOI: 10.3390/jrfm14040185.
]Search in Google Scholar
[
Kalouda, F. (2015). Financni analyza a rizeni podniku. Plzen: Vydavatelstvi Ales Cenek.
]Search in Google Scholar
[
Karpavicius, S., Yu, F. (2019). Managerial risk incentives and a firm’s financing policy. Journal of Banking & Finance, 100, 167–181. DOI: 10.1016/j.jbankfin.2019.01.013.
]Search in Google Scholar
[
Klepac, H., Hampel, D. (2016). Prediction of Bankruptcy with SVM Classifiers Among Retail Business Companies in EU. Acta Universitatis, 64(2), 627–634. DOI: 10.11118/actaun201664020627.
]Search in Google Scholar
[
Kliestik, T., Nica, E., Musa, H., Poliak, M., Mihai, E.A. (2020). Networked, Smart, and Responsive Devices in Industry 4.0 Manufacturing Systems. Economics, Management, and Financial Markets, 15(3), 23–29.
]Search in Google Scholar
[
Kliestik, T., Valaskova, K., Lazaroiu, G. (2019). Remaining financially healthy and competitive: The Role of Financial Predictors. Journal of management of competetivenes, 12(35), 74–92. DOI: 10.7441/joc.2020.01.05.
]Search in Google Scholar
[
Knapkova, A. (2013). Financni analyza – komplexni pruvodce s priklady. Victoria publishing.
]Search in Google Scholar
[
Kotulic, R. (2007). Financna analyza podniku. Bratislava: Iura Edition.
]Search in Google Scholar
[
Kovacova, M., Kliestik, T., Kubala, P., Valaskova, K., Radisic, M., Borocki, J. (2018). Bankruptcy models: Verifying their validity as a predictor of corporate failure. Polish Journal of Management Studies, 18(1), 167–179. DOI: 10.17512/pjms.2018.18.1.13.
]Search in Google Scholar
[
Kruzak, L., Patoka, P., Chmiel, J. (2019). Wykorzystanie analiz wielokryterialnych w planowaniu drog. Wspolczesne Problemy Zarzadzania, 1(3), 91–124.
]Search in Google Scholar
[
Lajtkepova, E. (2016). Differences and similarities in the indebtedness of EU member states after last financial crisis. Oeconomia Copernicana, 7(4), 551–563. DOI: 10.12775/OeC.2016.031.
]Search in Google Scholar
[
Lazaroiu, G., Kliestik, T., Novak, A. (2021). Internet of Things Smart Devices, Industrial Artificial Intelligence, and Real-Time Sensor Networks in Sustainable Cyber-Physical Production Systems. Journal of Self-Governance and Management Economics, 9(1), 20–30. DOI: 10.22381/jsme9120212.
]Search in Google Scholar
[
Lee, K.W. (2019). The usage of derivatives in corporate financial risk management and firm performance. International Journal of Business, 24(2), 113–131.
]Search in Google Scholar
[
Ma, J., Xu, H. (2020). Empirical analysis and optimization of capital structure adjustment. Journal of Industrial & Management Optimization, 16(3), 1037–1047. DOI: 10.3934/jimo.2018191.
]Search in Google Scholar
[
Marinic, P. (2007). Mereni firemni vykonnosti. Praha: Vysoka skola ekonomie a managementu.
]Search in Google Scholar
[
Mazanec, J., Bartosova, V., Bohm, P. (2022). Logit Model for Estimating Non-Profit Organizations’ Financial Status as a Part of Non-Profit Financial Management. Mathematics, 10(13), 2162. DOI: 10.3390/math10132162.
]Search in Google Scholar
[
Michalkova, L., Stehel, V., Nica, E., Durana, P. (2021). Corporate Management: Capital Structure and Tax Shields. Marketing and Management of Innovations, 3, 276–295. DOI: 10.21272/mmi.2021.3-23.
]Search in Google Scholar
[
Neumaier, I., Neumaierova, I. (2005). Index IN05. Evropske financni systemy. 1(1), 143–148.
]Search in Google Scholar
[
Nurcan, E., Koksal, C. (2021). Determination of Financial Failure Indicators by Gray Relational Analysis and Application of Data Envelopment Analysis and Logistic Regression Analysis in BIST 100 Index. Iranian journal of management studies, 14(45), 163–187. DOI: 10.22059/ijms.2020.299263.673998.
]Search in Google Scholar
[
Oresky, M. (2017). Financna a ekonomicka analyza obchodneho podniku. Bratislava: Wolters Kluwer SR s. r. o.
]Search in Google Scholar
[
Pereira, J., Braga, V., Correia, A., Salamzadeh, A. (2021). Unboxing organisational complexity: how does it affect business performance during the COVID-19 pandemic? Journal of Entrepreneurship and Public Policy, 10(3), 424–444. DOI: 10.1108/JEPP-06-2021-0070.
]Search in Google Scholar
[
Pham, H.S.T., Nguyen, D.T. (2020). Debt financing and firm performance: The moderating role of board independence. Journal of General Management, 45(3), 141–151. DOI: 10.1177/0306307019886829.
]Search in Google Scholar
[
Podhorska, I., Vrbka, J., Lazaroiu, G., Kovacova, M. (2020). Innovations in financial management: Recursive prediction model based on decision trees. Marketing and Management of Innovations, 3, 276–292. DOI: 10.21272/mmi.2020.3-20.
]Search in Google Scholar
[
Rejnus, O. (2014). Financni trhy. Praha: Grada.
]Search in Google Scholar
[
Saaty, T. (1990). How to make a decision: The Analytic Hierarchy Process. European Journal of Operation Research, 48(5), 9–26. DOI: 10.1016/0377-2217(90)90057-I.
]Search in Google Scholar
[
Sener, P., Akben-Selcuk, E., Didin-Sonmez, F. (2021). Does the institutional framework affect the relationship between debt financing and firm performance in emerging countries? Applied Economics Letters, 28(10), 866–871. DOI: 10.1080/13504851.2020.1784382.
]Search in Google Scholar
[
Silaghi, F. (2018). The use of equity financing in debt renegotiation. Journal of Economic Dynamics and Control, 86, 123–143. DOI: 10.1016/j.jedc.2017.10.010.
]Search in Google Scholar
[
Stefko, R., Vasanicova, P., Jencova, S., Pachura, A. (2021). Management and Economic Sustainability of the Slovak Industrial Companies with Medium Energy Intensity. Energies, 14(2), 267. DOI: 10.3390/en14020267.
]Search in Google Scholar
[
Stofkova, K., Stofkova, Z. (2018). Financie a financne riadenie. Zilina: EDIS – vydavatelske centrum ZU.
]Search in Google Scholar
[
Stryckova, L. (2017). The relationship between company returns and leverage depending on the business sector: Empirical evidence from the Czech Republic. Journal of Competitiveness, 9(3), 98–110. DOI: 10.7441/joc.2017.03.07.
]Search in Google Scholar
[
Sumani, S., Roziq, A. (2020). Reciprocal capital structure and liquidity policy: Implementation of corporate governance toward corporate performance. The Journal of Asian Finance, Economics and Business, 7(9), 85–93. DOI: 10.13106/jafeb.2020.vol7.no9.085.
]Search in Google Scholar
[
Sumiati, S. (2020). Improving small business performance: The role of entrepreneurial intensity and innovation. The Journal of Asian Finance, Economics and Business, 7(10), 211–218. DOI: 10.13106/jafeb.2020.vol7.n10.211.
]Search in Google Scholar
[
Tamari, M. (1984). The use of a bankruptcy forecasting model to analyze corporate behavior in Israel. Journal of Banking & Finance, 8(2), 151–387. DOI: 10.1016/0378-4266(84)90009-8.
]Search in Google Scholar
[
Tasaryova, K., Paksiova, R. (2021). The Impact of Equity Information as An Important Factor in Assessing Business Performance. Information, 12(2). DOI: 10.3390/info12020085.
]Search in Google Scholar
[
Tomes, R., Alcnauer, J. (2014). Konzistence matice parovych porovnani pri pouziti Analytickeho hierarchickeho procesu (AHP). Journal Business & IT, 4(1), 114–124.
]Search in Google Scholar
[
Unvan, Y.A. (2020). Financial Performance Analysis of Banks with Topsis and Fuzzy Topsis Approaches. International Journal of Mathematical, Engineering and Management Sciences, 33(4), 904–923. DOI: 10.35378/gujs.730294.
]Search in Google Scholar
[
Valaskova, K., Gajdosikova, D., Kramaric, T. (2022). How Important Is the Business Environment for The Performance of Enterprises? Case Study of Selected European Countries. Central European Business Review, 11(4), 85–110. DOI: 10.18267/j.cebr.300.
]Search in Google Scholar
[
Valaskova, K., Kliestik, T., Gajdosikova, D. (2021). Distinctive determinants of financial indebtedness: evidence from Slovak and Czech enterprises. Equilibrium-Quarterly Journal of Economics and Economic Policy, 16(3), 639–659. DOI: 10.24136/eq.2021.023.
]Search in Google Scholar
[
Valaskova, K., Kliestik, T., Svabova, L., Adamko, P. (2018). Financial risk measurement and prediction modelling for sustainable development of business entities using regression analysis. Sustainability, 10(7), 2144. DOI: 10.3390/su10072144.
]Search in Google Scholar
[
Wasielewska, K. (2014). Applying Saaty’s Multicriterial Decision Making Approach in Grid Resource Management. Information Technology and Control, 4(43), 73–87. DOI: 10.5755/j01.itc.43.1.4587.
]Search in Google Scholar
[
Xavier Jr, A.E., Reboucas, R.M.M., Regis, S.D., de Freitas Rego, T. (2020). Financial Determinants of Indebtedness of Brazilian States from 2006 to 2016. Revista Eletronica De Estrategia E Negocios-Reen, 13(1), 114–133. DOI: 10.19177/reen.v13e02020134-155.
]Search in Google Scholar
[
Xu, J., Sun, Z., Shang, Y. (2021). Capital structure and financial performance in Chin’’s agricultural sector: a panel data analysis. Custos E Agronegocio Online, 17(2), 445–463.
]Search in Google Scholar
[
Zavadsky, J., Korenkova, V., Zavadska, Z., Kadarova, J., Tucek, D. (2019). Competences in the quality management system evaluation based on the most worldwide used key performance indicators. Quality-Access to Success, 20(169), 29–41.
]Search in Google Scholar
[
Zvarikova, K., Spuchlakova, E., Sopkova, G. (2017). International comparison of the relevant variables in the chosen bankruptcy models used in the risk management. Oeconomia Copernicana, 8(1), 145–157. DOI: 10.24136/oc.v8i1.10.
]Search in Google Scholar
et 