Aggregated Index for Modelling the Influence of Financial Variables on Enterprise Performance

Nicoleta Bărbuţă-Mişu

EuroEconomica, 2012, issue 2(31), 155-165

Abstract: The aim of the paper is developing a financial performance aggregate index for modelling the relationship between some financial indicators and enterprise financial performance. The model was developed for enterprises acting in the building sector from Galati County – Romania, the source being bankruptcy risk models. 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%. Designing and development a model for evaluation financial performance is important and useful for ranking enterprises at national level.

Keywords: Risk of bankruptcy; Financial model; Discriminate analysis; Ranking enterprises, Financial performance; Financial indicators (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:dug:journl:y:2012:i:2:p:155-165

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