A Critical Approach to the Corporate  Insolvency in Romania

Alina TARAN

Makale detayları

A Critical Approach to the Corporate Insolvency in Romania

Yazarlar:

Alina TARAN

Yayıncı:

Istanbul Aydin University

Dergi:

Florya Chronicles of Political Economy 2017 Vol.3 Issue 1, pp.111-129

Belge Tipi:

Makale

Yayın Tarihi:

3/2017

Belge Dili:

Türkçe

Document ID (Org No.):

2000436568

eISSN:

2717-7629

pISSN:

2149-5750

Özet:

 

A critical moment in the existence of an economic entity is the deterioration of its financial situation and the advent of a liquidity crisis that could lead to the establishment of debt payment incapacity. Through this paper, we analyse the financial situation of companies before the moment of entry into insolvency and during insolvency proceedings, and then we compare them with non-distressed companies. Our purpose is to debate the problem of the prediction of insolvency in terms of symptoms and methods of assessment of the risk of insolvency, taking into account a sample of companies from Romania that are listed on the Bucharest Stock Exchange Market. In order to reveal the most significant indicators that describe the distressed companies, we conducted a comparative analysis of some existing models to measure the bankruptcy riskm with a focus on testing their applicability and developing a new model appropriate for the Romanian business environment.

Makale detayları

A Critical Approach to the Corporate Insolvency in Romania

Yazarlar: Alina TARAN

Yayıncı: Istanbul Aydin University

Dergi: Florya Chronicles of Political Economy 2017 Vol.3 Issue 1, pp.111-129

Belge Tipi: Makale

Yayın Tarihi: 3/2017

Belge Dili: Türkçe

Document ID (Org No.): 2000436568

eISSN: 2717-7629

pISSN: 2149-5750

Sayı

Yazarlar:

Alina TARAN

Yayıncı:

Istanbul Aydin University

Dergi:

Florya Chronicles of Political Economy 2017 Vol.3 Issue 1, pp.111-129

Belge Tipi:

Makale

Yayın Tarihi:

3/2017

Belge Dili:

Türkçe

Document ID (Org No.):

2000436568

eISSN:

2717-7629

pISSN:

2149-5750