ASSESSMENT OF RISK OF BANKRUPTCY OF THE COMPANIES PARTICIPATING IN THE INTERNATIONAL STRATEGIC ALLIANCE

Nataliya Kazakova¹, Olga Shemetkova², Alisa Chemarina³ and Margarita Melnik^4
1Doctor of Economy, professor, head of financial research center, Plekhanov Russian University of Economics, axd_audit@mail.ru
²PhD, assistant professor, head of the Faculty of finance Plekhanov Russian University of Economics, ol-shem@mail.ru
³Master of Economics, Plekhanov Russian University of Economics
 alisa-chemarina@yandex.ru
⁴Doctor of Economy, professor, Department of accounting, analysis and audit, Financial University by the Government of the Russian Federation

Abstract

The globalization of world economic processes leads to increased competition, increased risks, with the same causes in different countries, which ultimately can lead business to bankruptcy.
The purpose of the study is to develop a rapid assessment tools risks bankrupting companies in international strategic alliances. The methodological basis of the research served as the scientific works of foreign and Russian scientists, expert, mathematical-statistical and analytical methods, systematic approach to address the problem of diagnostics of the probability of bankruptcy.

Results: The authors have substantiated and tested by the economic model for the assessment of risk of bankruptcy of the companies participating in international strategic alliances.

Keywords: risk of bankruptcy, proximate analysis, international strategic alliance.