COMPARISON OF THE LEADING VEHICLE MANUFACTURERS IN HUNGARY AND ROMANIA BASED ON THEIR FINANCIAL POSITION SITUATION

Vilmos Lakatos (), Priscilla Józsa () and Attila Rózsa ()
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Vilmos Lakatos: University of Debrecen, Faculty of Economics and Business, Debrecen, Hungary
Priscilla Józsa: University of Debrecen, Faculty of Economics and Business, Debrecen, Hungary
Attila Rózsa: University of Debrecen, Faculty of Economics and Business, Debrecen, Hungary

Annals of Faculty of Economics, 2020, vol. 1, issue 1, 274-283

Abstract: In the ever-accelerating world of our time, competition is getting larger and stronger, where it is important for managers to make fast and high-quality decisions. Economic analysis helps management to identify and evaluate the factors that affect its operations and effectiveness, thereby ensuring that management is properly informed. In the course of the economic analysis, information is obtained about the actual situation of the company, which helps in making management decisions as well as the activities of the management. However, in addition to understanding the internal processes, it is important to examine the operation of companies with the same activities within the industry, to which results can be compared and, if necessary, strategies can be changed. In the scope of the present study, the aim was to compare the leading vehicle manufacturing companies in Hungary and Romania based on their financial position.

Keywords: analysis of financial position; economic analysis; capital strength; liabilities (search for similar items in EconPapers)
JEL-codes: G30 (search for similar items in EconPapers)
Date: 2020
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