THE ROLE OF THE LEGAL FRAMEWORK IN ASSESSING THE ECONOMIC AND FINANCIAL PERFORMANCE OF ENTERPRISES
THE ROLE OF THE LEGAL FRAMEWORK IN ASSESSING THE ECONOMIC AND FINANCIAL PERFORMANCE OF ENTERPRISES
Author(s): Elena Doina Ghica, Cristina Mihaela NagySubject(s): Economy, Law, Constitution, Jurisprudence, Business Economy / Management, Commercial Law
Published by: Editura Eurostampa
Keywords: legal framework; economic-financial performance; legal norms; financial reporting; decision transparency; cost of capital;
Summary/Abstract: The legal framework in which entities operate directly and indirectly influences the assessment of economic and financial performance, by regulating transparency obligations, managerial accountability, and financial reporting requirements. This article examines the relationship between legal norms and economic and financial indicators (profitability, solvency, liquidity, cost of capital), emphasizing the impact of European and national legislation on the performance of enterprises. The first section outlines the theoretical framework, the second discusses legal influences on performance, and the final section formulates conclusions and policy recommendations for the current period.
Journal: Anale. Seria Ştiinţe Economice. Timişoara
- Issue Year: XXX/2025
- Issue No: 30
- Page Range: 69-75
- Page Count: 7
- Language: English
