FINANCIAL PERFORMANCE ANALYSIS FROM A SOCIAL WELFARE PERSPECTIVE - A COMPARATIVE STUDY ROMANIA-MOLDOVA
Under conditions of uncertainty, the financial performance of a state (which is the attribute of the state's assurance of welfare through the contribution of economic activity to the financial-budgetary vectors) changes in relation to the influences of uncertainty factors and the response of th...
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| Format: | Article |
| Language: | English |
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CSEI; ASEM
2022-06-01
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| Series: | Eastern European Journal of Regional Studies |
| Subjects: | |
| Online Access: | https://csei.ase.md/journal/files/issue_81/EEJRS_Issue_81_63-76_ZLA.pdf |
| _version_ | 1817982966132899840 |
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| author | Monica-Laura ZLATI (SORICI) Svetlana MIHAILA Veronica GROSU |
| author_facet | Monica-Laura ZLATI (SORICI) Svetlana MIHAILA Veronica GROSU |
| author_sort | Monica-Laura ZLATI (SORICI) |
| collection | DOAJ |
| description | Under conditions of uncertainty, the financial performance of a state (which is the attribute of the state's assurance of welfare through the contribution of economic activity to the financial-budgetary vectors) changes in relation to the influences of uncertainty factors and the response of the entropy of the system to the social protection measures adopted by the authorities in response to the crisis. Thus, in the opinion of the authors, the financial performance can be quantified according to the capacity of the resources to satisfy the financial needs, in an equitable measure, based on the allowed access, in the presence of protection against financial risk and through the sustainable consumption of resources. We propose to develop a model for assessing financial performance under uncertainty based on the consumption vector represented by the average monthly cost felt by the employer. The methods used are prospective (literature study) and analytical (consolidation of a Romania-Moldova parallel database for relevant macroeconomic indicators: active population, Total state companies' revenues of, Number of state companies, Number of employees, Total national income). The results of the study materialize in the assessment of economic development patterns influencing financial performance by creating parallel correlations with effect in delineating the influences of endogenous and exogenous factors on the financial performance of the two countries. |
| first_indexed | 2024-04-13T23:27:00Z |
| format | Article |
| id | doaj.art-526658eb81784accaf79df0388910c1c |
| institution | Directory Open Access Journal |
| issn | 2537-6179 1857-436X |
| language | English |
| last_indexed | 2024-04-13T23:27:00Z |
| publishDate | 2022-06-01 |
| publisher | CSEI; ASEM |
| record_format | Article |
| series | Eastern European Journal of Regional Studies |
| spelling | doaj.art-526658eb81784accaf79df0388910c1c2022-12-22T02:25:01ZengCSEI; ASEMEastern European Journal of Regional Studies2537-61791857-436X2022-06-01Volume 8Issue 16376https://doi.org/10.53486/2537-6179.8-1.05FINANCIAL PERFORMANCE ANALYSIS FROM A SOCIAL WELFARE PERSPECTIVE - A COMPARATIVE STUDY ROMANIA-MOLDOVAMonica-Laura ZLATI (SORICI)0https://orcid.org/0000-0003-2443-1086Svetlana MIHAILA1https://orcid.org/0000-0001-5289-8885Veronica GROSU2https://orcid.org/0000-0003-2465-4722Ștefan cel Mare University, Suceava, RomaniaAcademy of Economic Studies of MoldovaStefan cel Mare University of Suceava, RomaniaUnder conditions of uncertainty, the financial performance of a state (which is the attribute of the state's assurance of welfare through the contribution of economic activity to the financial-budgetary vectors) changes in relation to the influences of uncertainty factors and the response of the entropy of the system to the social protection measures adopted by the authorities in response to the crisis. Thus, in the opinion of the authors, the financial performance can be quantified according to the capacity of the resources to satisfy the financial needs, in an equitable measure, based on the allowed access, in the presence of protection against financial risk and through the sustainable consumption of resources. We propose to develop a model for assessing financial performance under uncertainty based on the consumption vector represented by the average monthly cost felt by the employer. The methods used are prospective (literature study) and analytical (consolidation of a Romania-Moldova parallel database for relevant macroeconomic indicators: active population, Total state companies' revenues of, Number of state companies, Number of employees, Total national income). The results of the study materialize in the assessment of economic development patterns influencing financial performance by creating parallel correlations with effect in delineating the influences of endogenous and exogenous factors on the financial performance of the two countries.https://csei.ase.md/journal/files/issue_81/EEJRS_Issue_81_63-76_ZLA.pdffinancial performanceanalysiseconometric model |
| spellingShingle | Monica-Laura ZLATI (SORICI) Svetlana MIHAILA Veronica GROSU FINANCIAL PERFORMANCE ANALYSIS FROM A SOCIAL WELFARE PERSPECTIVE - A COMPARATIVE STUDY ROMANIA-MOLDOVA Eastern European Journal of Regional Studies financial performance analysis econometric model |
| title | FINANCIAL PERFORMANCE ANALYSIS FROM A SOCIAL WELFARE PERSPECTIVE - A COMPARATIVE STUDY ROMANIA-MOLDOVA |
| title_full | FINANCIAL PERFORMANCE ANALYSIS FROM A SOCIAL WELFARE PERSPECTIVE - A COMPARATIVE STUDY ROMANIA-MOLDOVA |
| title_fullStr | FINANCIAL PERFORMANCE ANALYSIS FROM A SOCIAL WELFARE PERSPECTIVE - A COMPARATIVE STUDY ROMANIA-MOLDOVA |
| title_full_unstemmed | FINANCIAL PERFORMANCE ANALYSIS FROM A SOCIAL WELFARE PERSPECTIVE - A COMPARATIVE STUDY ROMANIA-MOLDOVA |
| title_short | FINANCIAL PERFORMANCE ANALYSIS FROM A SOCIAL WELFARE PERSPECTIVE - A COMPARATIVE STUDY ROMANIA-MOLDOVA |
| title_sort | financial performance analysis from a social welfare perspective a comparative study romania moldova |
| topic | financial performance analysis econometric model |
| url | https://csei.ase.md/journal/files/issue_81/EEJRS_Issue_81_63-76_ZLA.pdf |
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