In recent decades, the importance of qualitative variables in the assessment of the company’s risk has grown considerably, due to the growing importance of intangible assets. Currently, it is believed that the intangible assets are even more important than the tangible assets. The measurement...

An entity may experience minor difficulties, but it may face also crisis situations, which most often are the result of a long process of depreciation of their economic and financial condition. In specific circumstances (such as the financial crisis) all entities can face difficulties: the small...

Market economy in Romania bring corporate takeovers and acquisitions. A purchase or acquisition of capital is the first mega-budget project, because a commercial entity might decide to take another business entity only if it increases shareholder wealth. Looking at this strictly from the...

This paper analyses the evolution of the romanian medicines industry in the context of the actual economic and financial crisis, by studying 3 of the most important production companies in the area: Antibiotice Iasi, Biofarm and Zentiva, in the period 2007-2009.The diagnosis was done by...

Financial risk has been traditionally evaluated using two kinds of tools: degree of financial leverage and the break-even point In this paper. we carried a study regarding the limits and the terms of using the degree of financial leverage when evaluating the financial risk. In this aim, we first...

The firms and economic sectors that are in an advanced state of development and also have a good competitive position, have a lower degree of insolvency. But at the same time, new firms, the ones that activate in new sectors, are more exposed. As well, in the new context of adherence’s...

:This article treats the correlation between the investment projects and financing difficulties in a vicious circle during the crisis. First of all, Romania, as the whole world, should reconsider the planning problems, taking into consideration two problems: from one point of view, the nowadays...

Seeing that the steady pace of development and evolution of modern society has left its mark on the phenomena in all fields of activity, including in the field of economics, the analysis of financial-economic performances, as a major preoccupation of firms, has made a huge qualitative leap, by...

In this paper, a study on a sample of 73 Romanian companies operating in industries was conducted. The survey covered the year 2008 and was based on data extracted from annual financial statements of the companies from the sample. Starting from a number of representative papers in the field,...

Considering the present economic context, the measurement of performances has become a permanent preoccupation for organizations, since the whole process is based on it, offering the necessary feedback to identify both the positive actions which have led to favorable results for the...