The purpose of this paper is to use discriminant analysis to substantiate a score function effective in bankruptcy risk prediction of enterprises on Romanian economy example. For achieving discrimination between bankrupt and non-bankrupt in the scoring model we used relevant financial ratios...

The goal of the scoring method is to provide predictive models for the assessment of the bankruptcy risk of an enterprise. Its implementation requires observing a set on enterprises from two different groups: a group of companies with financial difficulties and a group of enterprises with no...

The analysis by scoring methods is usually carried out by banks in the analysis of creditworthiness, when a company asks for a bank loan. Each bank has its own analysis, including a feature-score calculated internally based on indicators defined in its credit manual. To have a national...

For a company that has financial difficulties it is best to enter an insolvency procedure. This process offers the possibility to asses the viability of the company and to find the proper solution for its situation. This study examines the peculiarities of the insolvency procedure. The stages of...

The financial crisis in Romania has expressed in an eloquent manner and meant large negative effects, such as external factors generated by the trigger of the financial crisis in Romania in October 2008 and internal factors for society that fundamentally influenced the decreasing of funding in...

The aim of the present paper is to underline the international financial crisis implications on the monetary policy transmission mechanism at the European level. Our study illustrates the main features of the pass-through process in the light of recent financial tensions and the general impact...

In the challenging domain of seafaring, when crewing agencies choose the right seafarers for their clients, the agency has to consider that the recruited seafarers not only have to produce good results in order to satisfy the ship management and the ship owner, but also they have to improve the...

Shipping by dependence on the world economy has felt increases and decreases of world trade, which led to the gradual transformation into a global industry. Currently, shipping is crystallized by a community worldwide, with technologically advanced ships, a good communication system, specialized...

This paper aims to present the main factors that influence motivation in academic research: extrinsic/ intrinsic factors, motivator/ demotivator factors, personal/ interpersonal/ social factors, individual/ collective factors. Also brought into the discussion and the main theories related to...

With critical phase overcoming the economic crisis of 2008, maritime trade is back on the rise, materializing a favorable labor market in shipping. Worldwide, the study by BIMCO (Baltic and International Maritime Council) shows that in the year 2010, the supply of seafarers now provides a total...