ROMANIAN COUNTY RATING MEASUREMENT. A COMPARATIVE ANALYSIS

Ioan Bãtrâncea (), Lucian Gãban () and Liviu Bechiª ()
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Ioan Bãtrâncea: Babeº-Bolyai University, Cluj-Napoca, Romania
Lucian Gãban: 1 December 1918 University Alba Iulia, Romania
Liviu Bechiª: West University „Vasile Goldis”, Arad, Romania

The USV Annals of Economics and Public Administration, 2016, vol. 16, issue 1(23), 165-172

Abstract: In the second wave of financial crisis, namely the sovereign debt crisis, the country’s most affected by this phenomenon are Greece, Italy, Spain, Portugal, Ireland and last year Cyprus joined. Future more the crisis in Greece in 2015 requires local authorities to evaluate constantly their rating in order to prevent bankruptcy. In this paper we conducted a comparative analysis using Altman method and the Stickney method and correlate the scores with ratings agencies Standard & Poor's and Moody's.

Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:scm:usvaep:v:16:y:2016:i:1(23):p:165-172

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