Aggregated Index for Modelling the Influence of Financial Variables on Enterprise Performance

The aim of the paper is developing a financial performance aggregate index for modelling the relationship between some financial indicators and enterprise financial performance. The model was developed for enterprises acting in the building sector from Galati County – Romania, the source being bankruptcy risk models. To choose model variables was used discriminate analysis on 22 variables proposed that separate objectively performant by non-performant enterprises. The proposed model with five variables was tested using the initial sample of enterprises obtaining an average success ratio of 81.82%. Designing and development a model for evaluation financial performance is important and useful for ranking enterprises at national level.