The Analysis of the Use of Deterministic Chaos Methods as an Early Warning System for Bankruptcy
Purpose | The main objective of the publication is to present selected issues related to early warning systems of enterprises based on intelligent systems. Research method | The study used the theory of deterministic chaos as one of the innovative methods of creating an early warning system, which is an advantage over classic methods of analysis based on linear systems. Results | Charts of companies listed on the Polish stock exchange indicate that these are not straight lines, but zigzag lines, which are assigned to non-linear systems. Research shows that it is possible to create an early warning system based on deterministic chaos theory as a non-linear system. Originality / value / implications / recommendations | The results show that deterministic chaos theory can be an important complement to the classical methods of the early warning system.
Authors
- Nina Siemieniuk (ORCID: https://orcid.org/0000-0002-8819-1301)
- Tomasz Siemieniuk (ORCID: https://orcid.org/0000-0003-4776-3323)
Institutions
- Bialystok University of Technology (PL)
- University of Białystok (PL)
Publication Details
- Journal
- Optimum Economic Studies
- Published
- 2025-01-01
- DOI
- https://doi.org/10.15290/oes.2025.02.120.13
- Primary Topic
- Financial Distress and Bankruptcy Prediction
- Type
- article
- Field-Weighted Citation Impact
- 0.00