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.

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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
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article

The Analysis of the Use of Deterministic Chaos Methods as an Early Warning System for Bankruptcy

Nina Siemieniuk, Tomasz Siemieniuk
Optimum Economic Studies
Financial Distress and Bankruptcy Prediction
article

The Analysis of the Use of Deterministic Chaos Methods as an Early Warning System for Bankruptcy

Nina Siemieniuk, Tomasz Siemieniuk
article en

Abstract

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.

Optimum Economic Studies(2(120))
Bialystok University of Technology (PL), University of Białystok (PL)
Partnerships for the goals
Openalex Percentile: Top 74%
Financial Distress and Bankruptcy Prediction
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The Analysis of the Use of Deterministic Chaos Methods as an Early Warning System for Bankruptcy — Nina Siemieniuk, Tomasz Siemieniuk · Optimum Economic Studies (2025) | TGRS Research Map | TGRS