STUDY ON FINANCIAL SUSTAINABILITY INDICATORS FOR NON-INCOME GENERATING PROJECTS

Ramona Mihaela GHINTU (BÃNICA)

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2013, vol. 7, issue 1, 712-720

Abstract: The present article aims at studying financial sustainability indicators for a non-income generating investment project financed through irredeemable public funds. The purpose of funding is to develop and increase the efficiency of public services, as well as ensuring that the principles of sustainable development and the diminishing of productivity gaps within the European Union. The technical-economic evaluation represents one of the stages of the evaluation and project proposal selection process. In deciding to invest, the cost-benefit ratio is also taken into account, in order to compare the two, especially when they result in different years. In this context the financial indicators provide information regarding economic profitability of the investment that will generate benefits in the society after the project is finalised.

Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:7:y:2013:i:1:p:712-720

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