FACTORS INFLUENCING INSOLVENCY AT THE LEVEL OF COMPANIES
The purpose of the study from the present work was to assess the risk of insolvency at the level of companies in Romania, via an analysis based on the calculation of financial ratios as significant for the state of companies. The correlations established between the values of financial rates and the...
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| Format: | Article |
| Language: | fra |
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Romanian Foundation for Business Intelligence
2016-07-01
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| Series: | Management Intercultural |
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| Online Access: |
http://seaopenresearch.eu/Journals/articles/MI_36_20.pdf
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| Summary: | The purpose of the study from the present work was to assess the risk of insolvency at the level of companies in Romania, via an analysis based on the calculation of financial ratios as significant for the state of companies. The correlations established between the values of financial rates and their influence upon the state of insolvency were tested using the logistic model and the probability model on a data sample consisting of a total of ten companies, grouped into companies in insolvency and companies with healthy financial statements having as reference period 2008 - 2012. The results of the study point to the direct influence of indebtedness and speed of rotation of the insolvency claims. |
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| ISSN: | 1454-9980 |