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 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...

Nowadays, banks have becomee interested in saving companies from insolvency in order to protect themselves from not getting back the loans released and have involved themselves in restructuring operations. This paper presents the temporary holding of shares by credit institutions in companies...

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...

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 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...

The key-factor in profitability of the small and medium modern enterprises is the intellectual capital and non-corporal actives of those. The empirical formers studies confirm that the intellectual capital has a great impact to the performances of the small and medium modern enterprises. The aim...

Considered as the fourth Power in the state, mass media succeeds in transforming by the power of information the entire planet into a “global village”, rendering by specific means the crisis and after-crisis situations, the dramas that the world economy is facing on a micro and macro scale....

History has revealed that there is a never-ending evolution of theories or models of corporate governance. Companies are trying to instill the sense of governance into their corporate structure. This article is a review of literature on the range of theories in corporate governance. The...

Tourism has an important place within the world economy and represents a basic branch in many countries with touristic vocation. In the context of the current world crisis, religious tourism is a complex phenomenon in a continuous transformation and diversification, though keeping the basis...