THE STATISTICAL DESCRIPTION OF BANKRUPTCY RISK – FOLLOWING THE EXAMPLE OF ORSOVA SHIPYARD S.A AND S.C SEVERNAV S.A DROBETA TURNU-SEVERIN
Journal Title: European Journal of Business and Social Sciences - Year 2016, Vol 5, Issue 1
Abstract
The motivation of the present research is that the profound transformations that the economic and social fields are facing and their rapidity are main elements of the risk manifestations that could affect the activity of economic operators. No matter the type of activity, the moment of adopting decisions of development, modernization or reorientation, the necessity of identification, evaluation and avoidance or cancellation of risks at a level that might affect the company’s activity in a lower degree, becomes compulsory. In this situation, the importance of analyzing and evaluating the risks of economic agents cannot be contested, being absolutely necessary a correlation with the economic-financial performance condition. This was also a motivation for choosing the subject and it determines the objectives of the article.
Authors and Affiliations
Diana Andreea Traistaru, Ph. D| University of Craiova Faculty of Economics and Business Administration Craiova, Romania Email: traistaru.diana@yahoo.com
Keywords
Related Articles
- EP ID EP10742
- DOI -
- Views 300
- Downloads 13
EFFECTS OF CHOICE OF CREDIT FACILITIES ON FINANCIAL PERFORMANCE OF SMALL MEDIUM, ENTERPRISES IN RWANDA. A CASE SMEs REGISTERED WITH PRIVATE SECTOR FEDERATION OF RWANDA
Of recent SMEs’ financial performance has received a growing attention in both economic and financial literature, much of which is in the developed economies. Much of the existing literature largely focuses on the m...
DEVELOPING THE MODEL OF CRM AND QFD IN THE BANKING INDUSTRY BY CUSTOMER PARTICIPATION IN SERVICE DELIVERY
Nowadays, organizations work based on network of relationships. From perspective of organizations, relationships provide a continual flow of profit and earnings in a long time, which lead to creating new business oppo...
ASSESSMENT OF THE EFFECT OF COMMUNITY EMPOWERMENT PROJECTS ON ENHANCING POVERTY ALLEVIATION IN RWANDA. A CASE STUDY OF RUBAYA DEMONSTRATION PROJECT
The essence of this research was to assess the effect of the community empowerment projects on enhancing poverty alleviation in Rubaya Demonstration Project. The study objectives were to: determine the effect of acces...
ANALYSE THE INWARD FDI POTENTIAL OF CEE REGION
Globalization is changing the economic area into a unified market as it removes economic, political and other obstacles. Therefore, companies must ensure competitiveness and strengthen developmental capabilities. One...
WHY AND HOW AJINOMOTO WINS OVER NESTLÉ IN THE CANNED COFFEE MARKET IN THAILAND: FROM THE PERSPECTIVE OF SUBSIDIARY AUTONOMY LEVEL IN FOOD MNCS
In the food industry, according to conventional wisdom, product localization with high local responsiveness is considered the lifeblood of establishing global competitiveness among MNCs. However, there are very few ex...