CRISIS AND THE FINANCIAL DIFFICULTY WITHIN THE ENTERPRISE FRAMEWORK – AN OVERALL VIEW OF ROMANIA

Anisoara Apetri () and Ancuta-Anisia Chelba ()
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Anisoara Apetri: Stefan cel Mare University of Suceava, 720229, Romania
Ancuta-Anisia Chelba: Stefan cel Mare University of Suceava, 720229, Romania

European Journal of Accounting, Finance & Business, 2024, vol. 12, issue 3, 3-11

Abstract: Financial difficulty creates many inconveniences within a company, from blockages in making payments to jeopardizing the company's survival. The purpose of this research paper is to survey the representatives of 120 companies in Romania in order to present the situation regarding the financial difficulty within them, but also the most representative symptoms in the emergence of a crisis within the analyzed companies. The first objective considers the review of specialized literature on the topic of financial difficulty, implicitly presenting the evolution of the number of scientific publications on this topic, and the second objective is focused on the analysis of the companies in the research sample. The results consist in providing an overview of Romanian companies in terms of financial difficulty, as well as highlighting the three most representative symptoms of the existence of a crisis within the company, according to the analysis carried out on the basis of the selected sample.

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:scm:ejafbu:v:12:y:2024:i:3:p:3-11

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