Bankruptcy Risk Analysis Based on the Patrimonial Balance Sheet
Due to the fact that the results obtained and those expected are permanently under the influence of unforeseen events that may occur at any time of the activity of an economic operator, in the competitive economy, the viability of any business is linked to risk. The risk is related to uncertainty, w...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Ovidius University Press
2019-01-01
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| Series: | Ovidius University Annals: Economic Sciences Series |
| Subjects: | |
| Online Access: | http://stec.univ-ovidius.ro/html/anale/RO/wp-content/uploads/2020/02/Section%20V/35.pdf |
| _version_ | 1819261741318537216 |
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| author | Ilie Răscolen Ileana – Sorina Rakos |
| author_facet | Ilie Răscolen Ileana – Sorina Rakos |
| author_sort | Ilie Răscolen |
| collection | DOAJ |
| description | Due to the fact that the results obtained and those expected are permanently under the influence of unforeseen events that may occur at any time of the activity of an economic operator, in the competitive economy, the viability of any business is linked to risk. The risk is related to uncertainty, which expresses a state of uncertainty regarding the future. In the paper, the authors try to present by statistical methods, respectively by the method of scores and by the method of financial diagnosis, an analysis regarding the risk of bankruptcy based on the financial-accounting function, which mainly focuses on profitability and risks. Within the financial-patrimonial analysis of an economic entity, a particular place is occupied by its ability to be solvable, but without losing sight of the risk analysis of bankruptcy. The authors believe that any activity involving a consumption of capital is subject to risks that accompany profitability. The paper concludes with the authors’ conclusions regarding the need for bankruptcy risk analysis. |
| first_indexed | 2024-12-23T19:46:37Z |
| format | Article |
| id | doaj.art-bff94685ac604b899344ae5a49879bd2 |
| institution | Directory Open Access Journal |
| issn | 2393-3127 2393-3127 |
| language | English |
| last_indexed | 2024-12-23T19:46:37Z |
| publishDate | 2019-01-01 |
| publisher | Ovidius University Press |
| record_format | Article |
| series | Ovidius University Annals: Economic Sciences Series |
| spelling | doaj.art-bff94685ac604b899344ae5a49879bd22022-12-21T17:33:32ZengOvidius University PressOvidius University Annals: Economic Sciences Series2393-31272393-31272019-01-01XIX2869878Bankruptcy Risk Analysis Based on the Patrimonial Balance SheetIlie Răscolen0Ileana – Sorina Rakos1University of PetroşaniUniversity of PetroşaniDue to the fact that the results obtained and those expected are permanently under the influence of unforeseen events that may occur at any time of the activity of an economic operator, in the competitive economy, the viability of any business is linked to risk. The risk is related to uncertainty, which expresses a state of uncertainty regarding the future. In the paper, the authors try to present by statistical methods, respectively by the method of scores and by the method of financial diagnosis, an analysis regarding the risk of bankruptcy based on the financial-accounting function, which mainly focuses on profitability and risks. Within the financial-patrimonial analysis of an economic entity, a particular place is occupied by its ability to be solvable, but without losing sight of the risk analysis of bankruptcy. The authors believe that any activity involving a consumption of capital is subject to risks that accompany profitability. The paper concludes with the authors’ conclusions regarding the need for bankruptcy risk analysis.http://stec.univ-ovidius.ro/html/anale/RO/wp-content/uploads/2020/02/Section%20V/35.pdfanalysisfinancial balancebankruptcyrisksolvency |
| spellingShingle | Ilie Răscolen Ileana – Sorina Rakos Bankruptcy Risk Analysis Based on the Patrimonial Balance Sheet Ovidius University Annals: Economic Sciences Series analysis financial balance bankruptcy risk solvency |
| title | Bankruptcy Risk Analysis Based on the Patrimonial Balance Sheet |
| title_full | Bankruptcy Risk Analysis Based on the Patrimonial Balance Sheet |
| title_fullStr | Bankruptcy Risk Analysis Based on the Patrimonial Balance Sheet |
| title_full_unstemmed | Bankruptcy Risk Analysis Based on the Patrimonial Balance Sheet |
| title_short | Bankruptcy Risk Analysis Based on the Patrimonial Balance Sheet |
| title_sort | bankruptcy risk analysis based on the patrimonial balance sheet |
| topic | analysis financial balance bankruptcy risk solvency |
| url | http://stec.univ-ovidius.ro/html/anale/RO/wp-content/uploads/2020/02/Section%20V/35.pdf |
| work_keys_str_mv | AT ilierascolen bankruptcyriskanalysisbasedonthepatrimonialbalancesheet AT ileanasorinarakos bankruptcyriskanalysisbasedonthepatrimonialbalancesheet |