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The Impact of the Financial Crisis on the Financial Position of Companies Listed on Bucharest Stock Exchange
| Content Provider | Semantic Scholar |
|---|---|
| Author | Siminică, Marian Stefan, Iulia |
| Copyright Year | 2012 |
| Abstract | The financial crisis has strongly eroded the financial standing of a significant number of romanian enterprises.Exception from this fact was made not even by the large companies,listed on Bucharest Stock Exchange, which, due to the contraction of commodity markets and to the limitation of financing access, have registered fluctuations of their financial results.In order to point out the impact of the financial crisis on the financial position of these companies, within the paper we are analysing the financial position ratios (liquidity and solvency ratios,working capital, necessary working capital , net treasury etc.) for a significant number of companies listed on Bucharest Stock Exchange, which activate in several domains (food industry,pharmaceuticals,oil industry etc.). The ratios were calculated based on the data provided by these companies throughout their financial reports,starting from 2007 (before the financial crisis), until the 30 th of June 2012. |
| Starting Page | 17 |
| Ending Page | 30 |
| Page Count | 14 |
| File Format | PDF HTM / HTML |
| Volume Number | 3 |
| Alternate Webpage(s) | http://feaa.ucv.ro/annals/v3_2012/FBE8.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |