Ключові слова:

debtor, hidden bankruptcy, bankruptcy, redistribution of property debt


Urgency of the research. In the article we considered the problem of bankruptcy in Ukraine in the aspect of revealing its features and building a system to counter fictitious bankruptcy. Target setting. Finding a solution of these issues requires the development of measures in several aspects: legal, social and economic. The legal aspect is closely associated with criminal liability. Unresolved issues within the law reinforce the negative social and economic consequences of the company – bankrupt`s activity, its counterparties and the economy as a whole. Actual scientific researches and issues analysis. The article is a logical extension of previous work which dealt with the problem in question in the scientific literature and the issue of regulatory framework of deliberate bankruptcy. Particularly, basic typical kinds of illegal bankruptcy were underlined. Also the economic classification of features is offered which is common for the illegal redistribution of property and the accumulation of debts and losses. Uninvestigated parts of general matters defining. Development of methodological and methodical principles of economic analysis of illegal bankruptcy detection requires the detailing of various economic characteristics. The research objective. In this article we examined specific examples of two high-profile cases to detail the economic analysis of detecting signs of deliberate bankruptcy. The statement of basic materials. Emphasizing the competition nature of bankruptcy and its effects, the international experience is considered on the example of one of the most famous cases of fraud, Enron Corporation`s case (USA). National bankruptcy case is represented by the holding corporation "Khlib Ukrayiny". Conclusions. The first case is a hidden bankruptcy the sense of which is in the very fact of hiding the difficult financial position by leadership of a company from shareholders. Therefore, such fraudulent instruments were used: increasing cash flows by artificially inflating costs and increasing prices, manipulation of information in financial statements Another case is associated with opportunistic actions aimed at bringing the debtor to the state of bankruptcy for the purpose of property redistribution and avoiding paying debts. Summary of experience allows to state the cause-effect relationships between the opportunistic actions and their consequences in the enterprise`s economy, to develop the next stages of analysis and to determine the diagnostic system of indicators under each of the deliberate bankruptcy.

Біографія автора

Lyudmila Ivanova, Chernihiv National University of Technology

Candidate of Economic Sciences, Associate Professor Department of Accounting, Taxation and Auditing


Cherniavsky, S. (2009). Kryminalne bankrutstvo: aktualni problemy protydii [Criminal bankruptcy : issues of combating]. Retrieved from :

/1515/ [in Ukrainian].

Ivanova, L. B. (2016). Analiz problem nerealnoho bankrutstva v Ukraini – zakonodavchyi aspekt . [Analysis of unreal bankruptcy issues in Ukraine, the legislative aspect.]

Naukovyi Visnyk Polissia Chernihivskoho natsional. tekhnoloh. Universytetu - Scientific Bulletin of Polissia of chernihiv National University of Technology, № 2 (6),

pp. 152-158 [in Ukrainian].

Kak deistvuiut skhemy fiktivnogo bankrotstva [How do fraudulent bankruptcy scheme work] (2011). Novosty Ukrayny i mira, Sobitiia News from Ukraine and the world.

Events. Retrieved from: 77323 [in Russian].

Ritasov, V. (2004). Samyi gromkiy skandal XXI veka Delo «Enron» [The loudest scandal of the XXI century. Case "Enron"]. Retrieved from :

/archive/article.php?aid=712 [in Russian]

Apostol, M. (2015). Yak vykrasty u derzhavy khlibokombinat [How to steal a bread factory from the state] Retrieved from:

/2015/10/13/563035/view_print/ [in Ukrainian].

Metodychni rekomendatsii shchodo vyiavlennia oznak neplatospromozhnosti pidpryiemstva ta oznak dii z prykhovuvannia bankrutstva, fiktyvnoho bankrutstva chy

dovedennia do bankrutstva [Methodical recommendations for revealing the features of enterprises insolvency and action of concealment of bankruptcy, fictitious bankruptcy or

leading to bankruptcy]. Nakaz Min. ekonomiky Ukrainy # 14 vid 19.01.2006 r. (u red. vid 26 zhovtnia 2010 r. # 1361) [Order of Ministry of Economy of Ukraine № 14 from

01.2006] [in Ukrainian].


Як цитувати

Ivanova, L. (2017). ANALYSIS OF INTERNATIONAL AND NATIONAL EXPERIENCE IN DELIBERATE BANKRUPTCY. Науковий вісник Полісся, 1(1(9), 147–152. вилучено із