The Discriminant Analysis: an Exploratory Study Concerning the Degree of Financial Autonomy of Companies in the Context of the Romanian Business Environment
This study aims at analyzing the evolution of financial autonomy on a sample of 80 companies quoted in the Bucharest Stock Exchange, between 2006-2008. Classically, financial autonomy is measured using the global and day-to-day rates of financial autonomy. However, this study has tested the dependen...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
University of Bacău
2010-12-01
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| Series: | Studies and Scientific Researches: Economics Edition |
| Subjects: | |
| Online Access: | http://sceco.ub.ro/index.php/SCECO/article/view/99 |
| _version_ | 1819141879964368896 |
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| author | Marinela Mironiuc Mihaela Robu Ion Robu |
| author_facet | Marinela Mironiuc Mihaela Robu Ion Robu |
| author_sort | Marinela Mironiuc |
| collection | DOAJ |
| description | This study aims at analyzing the evolution of financial autonomy on a sample of 80 companies quoted in the Bucharest Stock Exchange, between 2006-2008. Classically, financial autonomy is measured using the global and day-to-day rates of financial autonomy. However, this study has tested the dependency between the global rate of financial autonomy (Own Capital/ Total debts) and a series of economic and financial indicators, with the purpose of obtaining both a score function that would help making a classification of the companies subject to our analysis, in performance groups (companies with a high financial autonomy, companies with a medium financial autonomy, companies with a low financial autonomy, and companies with no financial autonomy), and quantifying the influence of the relative variations of these economic and financial indicators on the relative variation of financial autonomy. In order to calculate the results, the statistic instrument SPSS 15.0 was used, and the work method was the discriminant analysis and the regression and multiple correlation analysis. |
| first_indexed | 2024-12-22T12:01:28Z |
| format | Article |
| id | doaj.art-3abcbf047c284c048ecad2b890645a0f |
| institution | Directory Open Access Journal |
| issn | 2066-561X 2344-1321 |
| language | English |
| last_indexed | 2024-12-22T12:01:28Z |
| publishDate | 2010-12-01 |
| publisher | University of Bacău |
| record_format | Article |
| series | Studies and Scientific Researches: Economics Edition |
| spelling | doaj.art-3abcbf047c284c048ecad2b890645a0f2022-12-21T18:26:35ZengUniversity of BacăuStudies and Scientific Researches: Economics Edition2066-561X2344-13212010-12-0101510.29358/sceco.v0i15.9999The Discriminant Analysis: an Exploratory Study Concerning the Degree of Financial Autonomy of Companies in the Context of the Romanian Business EnvironmentMarinela MironiucMihaela RobuIon RobuThis study aims at analyzing the evolution of financial autonomy on a sample of 80 companies quoted in the Bucharest Stock Exchange, between 2006-2008. Classically, financial autonomy is measured using the global and day-to-day rates of financial autonomy. However, this study has tested the dependency between the global rate of financial autonomy (Own Capital/ Total debts) and a series of economic and financial indicators, with the purpose of obtaining both a score function that would help making a classification of the companies subject to our analysis, in performance groups (companies with a high financial autonomy, companies with a medium financial autonomy, companies with a low financial autonomy, and companies with no financial autonomy), and quantifying the influence of the relative variations of these economic and financial indicators on the relative variation of financial autonomy. In order to calculate the results, the statistic instrument SPSS 15.0 was used, and the work method was the discriminant analysis and the regression and multiple correlation analysis.http://sceco.ub.ro/index.php/SCECO/article/view/99cluster analysisfinancial autonomyinternal financingcrisisdiscriminant analysis |
| spellingShingle | Marinela Mironiuc Mihaela Robu Ion Robu The Discriminant Analysis: an Exploratory Study Concerning the Degree of Financial Autonomy of Companies in the Context of the Romanian Business Environment Studies and Scientific Researches: Economics Edition cluster analysis financial autonomy internal financing crisis discriminant analysis |
| title | The Discriminant Analysis: an Exploratory Study Concerning the Degree of Financial Autonomy of Companies in the Context of the Romanian Business Environment |
| title_full | The Discriminant Analysis: an Exploratory Study Concerning the Degree of Financial Autonomy of Companies in the Context of the Romanian Business Environment |
| title_fullStr | The Discriminant Analysis: an Exploratory Study Concerning the Degree of Financial Autonomy of Companies in the Context of the Romanian Business Environment |
| title_full_unstemmed | The Discriminant Analysis: an Exploratory Study Concerning the Degree of Financial Autonomy of Companies in the Context of the Romanian Business Environment |
| title_short | The Discriminant Analysis: an Exploratory Study Concerning the Degree of Financial Autonomy of Companies in the Context of the Romanian Business Environment |
| title_sort | discriminant analysis an exploratory study concerning the degree of financial autonomy of companies in the context of the romanian business environment |
| topic | cluster analysis financial autonomy internal financing crisis discriminant analysis |
| url | http://sceco.ub.ro/index.php/SCECO/article/view/99 |
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