CRISIS IMPACT UPON THE ROMANIAN COMPANIES

Marius Gust, Laura Panoiu and Sorin Grigorescu
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Marius Gust: Facultatea de Management Marketing in Afaceri Economice Rm. Vîlcea, Universitatea Constantin Brancoveanu din Pitesti
Laura Panoiu: Facultatea de Management Marketing in Afaceri Economice Rm. Vîlcea, Universitatea Constantin Brancoveanu din Pitesti
Sorin Grigorescu: Facultatea de Management Marketing in Afaceri Economice Rm. Vîlcea, Universitatea Constantin Brancoveanu din Pitesti

SEA - Practical Application of Science, 2014, issue 3, 216-223

Abstract: The paper aims at investigating the economic and financial crisis impact which has occurred in the Romanian economy, upon the Romanian companies since 2008. Specifically, its effects are taken into account regarding the number of economic players, the labor force, and the results of business performance: enterprise turnover or gross outcomes. Additionally, this research paper aims at assessing the crisis consequences on corporate behavior in the insecure environment of the crisis regarding the investment process and the value rendered by enterprises. The investigation is made exclusively on the secondary and tertiary sectors of the Romanian economy: industry, construction, trade and services, both from an overall and a sectoral perspective. The analysis also envisages the correlation of progress per the aforementioned economic segments with the overall development of the Romanian economy in terms of economic and financial crisis.

Keywords: Crisis impact; Romanian companies; Results of business performance (search for similar items in EconPapers)
JEL-codes: E32 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:cmj:seapas:y:2014:i:3:p:216-223

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