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THE EVOLUTION OF TURNOVER OF LISTED FIRMS IN THEEXTRACTIVE INDUSTRY DURING THE PERIOD 2015-2018

Ecobici Mihaela Loredana
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Ecobici Mihaela Loredana: CONSTANTIN BRANCUSI UNIVERSITY, FACULTY OF ECONOMICS

Annals - Economy Series, 2019, vol. 1, 105-111

Abstract: The main objective of any economic agent is to obtain profit, and in order to achieve it economic agents must apply an efficient management that combines in the most logical way the material, human and financial resources. Alongside this primary goal, another goal is to maximize turnover. Turnover is one of the most important indicators to reflect the company's position on the market and the company's ability to deploy profitable businesses in its field of activity. The purpose and importance of turnover in a dynamic approach is one of the most common concerns of economic and financial practitioners, with turnover being the indicator of global appreciation of a company's business. The purpose of this article is to track down the evolution of the turnover of mining companies by analyzing the data series offered by the Bucharest Stock Exchange. In this respect, the research carried out and the results obtained will provide an overview of the turnover status in the period 2015-2018. The evolution that will be engaged in research will show whether or not turnover has registered an upward trend, a trend that should indicatea good development of the activity that these companies carry out.

Keywords: turnover; dynamic analysis; evolution; turnover index; growth rate of turnover; extractive industry (search for similar items in EconPapers)
Date: 2019
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