This paper aims at accomplishing an economic-financial analysis of corporations in process of receivership, emphasizing the possibility of a financial statement analysis being able to serve as a parameter to identify the business failure process. It uses a descriptive research, with quantitative approach and documental analysis. Ninety-nine processes of corporations in receivership are registered on the applicable civil courts of the city of Curitiba, in the State of Paraná, but the study is restricted to corporations, classified as middle sized by SERASA (a database center), in a total of 10 companies. The methodology adopted has been the "Analysis of the Main Components (AMC)", utilizing the Matlab (Matrix Laboratory) software. This methodology was applied on the 10 companies observed on this study, with the 12 variables corresponding to the selected group of indexes for the analysis of financial statements. The results of the research show which are the main indexes, among the selected ones, with relevance on the analysis of financial statements, to detect the tendency of insolvency. It has been concluded that, within this research, 5 out of 12 indexes studied are relevant to show a tendency to insolvency.
Economic-financial analysis; Receivership (Creditors' Agreement Process); Corporations
