A Specific Model for Assessing the Financial Performance:Case study on Building Sector Enterprises of Galati County - Romania
Risk in Contemporary Economy, 2011, 318-325
In this paper is designed a specific model for assessing the financial performance, based on models of bankruptcy risk, for enterprises acting in the building sector from Galati County - Romania. The main purpose of the paper is designing and development a model for evaluation financial performance that important for ranking enterprises. To choose model variables was used discriminate analysis on 22 variables proposed that separate objectively performant by non-performant enterprises. The proposed model with five variables was tested using the initial sample of enterprises obtaining an average success ratio of 81.82%.
Keywords: risk of bankruptcy; financial model; discriminate analysis; ranking enterprises; financial performance; financial variables (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
http://www.rce.feaa.ugal.ro/images/stories/RCE2011 ... nt/NBarbuta-Misu.pdf (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:ddj:fserec:y:2011:p:318-325
Access Statistics for this article
More articles in Risk in Contemporary Economy from "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration Contact information at EDIRC.
Series data maintained by Gianina Mihai ().