RELEVANT FUNDING OF THE SMEs BUSINESS DEVELOPMENT IN ROMANIA IN THE CURRENT EUROPEAN CONTEXT INFLUENCED BY THE ECONOMIC CRISIS

Mariana Man () and Maria Macris ()
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Mariana Man: University of Petrosani, Faculty of Sciences, Department of Economics Sciences
Maria Macris: University of Petrosani, Faculty of Sciences, Department of Economics Sciences

Internal Auditing and Risk Management, 2013, vol. 30, issue 1, 335-344

Abstract: The business success of an economic entity largely depends on the funding politics they adopt, during which there is a need to identify those funding sources to ensure both the expected profit and the maximization of the value of the entity. In this respect, our scientific approach is in line with concerns about finding the most efficient funding sources of the SMEs activity in Romania in the context of the European economy stongly affected by the global economic crisis. The main objective of this approach has been to make an analysis on the prime funding sources of the eligible SMEs and on how they are relevant to the development of their activities, as well as on how they considerably contribute to the economic growth of the country.

Keywords: SMEs; funding; economic crisis; rate structure (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ath:journl:v:30:y:2013:i:1:p:335-344

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