Financial Snapshot Regarding the Naval and Land Transport in Constanta County

Marioara Mirea ()
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Marioara Mirea: „Ovidius†University of Constanta

Ovidius University Annals, Economic Sciences Series, 2020, vol. XX, issue 2, 957-963

Abstract: This paper aims to examine some challenges related to the economic aspects of Naval and Land Transport companies in Constanta County. Specifically, it focuses on assessing the factors that determine the survival of naval and land transport companies. Based on the empirical analysis performed, we used as a parametric method, the correlation method. With the help of the multiple correlation coefficient, we measured the intensity of the link the analyzed variables. The paper shows that financial sustainability is related to the ability of companies to obtain considerable profits to facilitate the continuation of long-term business.

Keywords: naval and land transport; turnover; gross profit; multiple correlation coefficient (search for similar items in EconPapers)
JEL-codes: C10 M21 O10 P52 R40 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xx:y:2020:i:2:p:957-963

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