THE FINANCIAL MANAGEMENT OF THE SMALL AND MEDIUM SIZED COMPANIES IN ROMANIA

Lect. Roxana Maria Ispas Ph. D and Assoc. Prof. Dalia Mirela Simion Ph. D
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Lect. Roxana Maria Ispas Ph. D: University of Craiova Faculty of Economics and Business Administration Craiova, Romania
Assoc. Prof. Dalia Mirela Simion Ph. D: University of Craiova Faculty of Economics and Business Administration Craiova, Romania

Annals of University of Craiova - Economic Sciences Series, 2010, vol. 2, issue 38, 8

Abstract: The objective of the paper is to identify the possibilities and promotion limits of the financial management in the small and medium sized companies in Romania starting from the concepts expressed in the literature and expressed in the concrete situations in the Romanian economy practice. We have also presented the role of the financial management in small and medium sized companies and the risk management objective of financial management considering that the risk is a fundamental component of a strategic and tactical decision. At the end of the paper we have presented the conclusions stemming from the study, the basic one being that there is a beginning in the promotion and applicability of theoretical elements of financial management in small and medium sized companies in Romania together with the European integration.

Keywords: small and medium sized companies; financial management; investment; risk; economic profitability (search for similar items in EconPapers)
JEL-codes: E44 G24 G34 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:aio:aucsse:v:2:y:2010:i:8:p:288-295

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