@misc{Grzelak_Jowita_Determinants_2020, author={Grzelak, Jowita}, identifier={DOI: 10.15611/pn.2020.1.05}, year={2020}, rights={Pewne prawa zastrzeżone na rzecz Autorów i Wydawcy}, publisher={Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu}, description={Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu = Research Papers of Wrocław University of Economics; 2020; vol. 64, nr 1, s. 55-65}, language={eng}, abstract={The collapse of Lehman Brothers, known as the beginning of the global financial crisis, showed how important risk management is in a bank. The aim of the article is to analyze bankruptcy risk factors of commercial banks from CEE. The hypothesis assumes that bank’s features: profitability, asset quality, size, credit risk, structure of assets, the direction of the core business and sources of financing, have a statistically significant impact on the bankruptcy. To verify the hypothesis, an econometric model was built which examined the determinants in three areas: comprehensively, dividing into large and small banks and by the EU membership criterion. The analysis showed that the risk of bankruptcy is affected by: profitability, asset quality, bank size, asset structure and core business direction; the determinants of bankruptcy vary depending on the size of the bank; the country’s membership in the EU does not affect the type of determinants but only the strength of their influence}, title={Determinants of the bankruptcy risk of commercial banks in Central and Eastern Europe}, type={artykuł}, keywords={bank, panel data, default risk, dane panelowe, ryzyko upadłości}, }