Analysis and Prevention of a Company Bankruptcy

The purpose of the study is to find out how effective the introduction of import substitution is for food industry companies using the models of probability assessment of bankruptcy. To achieve this goal, it is necessary to solve the following tasks: 1.To study the essence and causes of bankruptcy of the organization; 2.To study existing methods for assessing the probability of bankruptcy of enterprises; 3.Consider import substitution as an opportunity for companies to exit the crisis; 4.Analyze how objective are the models of assessing the probability of bankruptcy; 5.Identify the best model for assessing the probability of bankruptcy of food companies; 6.Approve the model on the selected sample of companies; 7.Prove the effectiveness of import substitution for food industry companies. The thesis is made on forty pages, consists of an introduction, two chapters, a list of literature consisting of 23 literature sources and applications. The first chapter of the work reveals the theoretical aspects of bankruptcy of companies: the nature and causes of bankruptcy of organizations, the procedure for bankruptcy, the method of preventing bankruptcy. The concept of import substitution is also considered as one of the ways out of the crisis of the company. The second chapter is devoted to the analysis of the effectiveness of import substitution for food industry companies. In this chapter, an analysis of the objectivity of models for assessing the likelihood of bankruptcy for food companies was conducted. According to the model selected in the course of the analysis, the efficiency of import substitution was analyzed. Also, recommendations were made for food industry companies that are experiencing financial difficulties. The work is relevant because it clearly shows how much import substitution and measures taken by the Government are effective for import-substituting companies in the food industry that are in a difficult financial situation.