Analysis Of Risk In Industrial Enterprises In Bulgaria

Milcho Bliznakov ()

Business & Management Compass, 2016, issue 3, 285-301

Abstract: The article studied the market, operational and financial risks in the industrial establishments in sectors B, C and D, listed on the market of BSE. The study covers the period from 2003 to 2014 and is based on data from the audited annual financial statements. We have used statistical measures of risk – standard deviation, coefficient of variation and probability of negative values applied to return on assets, EBITDA, EBIT, EBT and net profit. As a result of the analysis sectors are grouped by degree of risk.

Keywords: economic risk; measuring risk; risk analysis (search for similar items in EconPapers)
JEL-codes: G32 (search for similar items in EconPapers)
Date: 2016
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