BANKRUPTCY RISK ANALYSIS IN ROMANIAN COMPANIES
BANKRUPTCY RISK ANALYSIS IN ROMANIAN COMPANIES
Author(s): Andrada Pop, Radu PopSubject(s): Economy
Published by: Editura Universităţii Vasile Goldiş
Keywords: bankruptcy, financial analysis, financial standing, Altman model, Robertson model, financial indicators, financial position.
Summary/Abstract: The dynamics of Romanian enterprises can be measured using several scoring methods, such as: Altman and Robertson model as well as Romanian models provided by BRD and BT. According to these methods the creditworthiness and bankruptcy risk level varies. This article presents a study made on three companies which were classified by using the methods mentioned above. Additional to the results, the paper present an economic perspective of the evaluation.
Journal: Studia Universitatis Vasile Goldiş, Arad - Seria Ştiinţe Economice
- Issue Year: 24/2014
- Issue No: 3
- Page Range: 113-121
- Page Count: 9
- Language: English