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Company'S Financial Performance - A Satisfactory Compromise Between Stability And Profitability

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  • Moiceanu (Marin) Elena Liliana

Abstract

The drives of economic growth are permanently changing, and Romania's accession to EU must accelerate knowledge based economic development. The globalization of companies' economic activities highlights the need for adequate actions on companies' financial management. The selection of the financial performance ratios that may help as the base of the financial management systems both knowledge oriented and aiming to increase value, are essential for the companies that want to go beyond their competitors. The pertinence and predictive use of financial performance ratios depend on the rules that direct the functioning of financial markets. In the conditions that Romanian companies are in the position to comply with the new exigencies imposed by the Romania's accession to EU, there are two major objectives that materialize: stability and profitability.

Suggested Citation

  • Moiceanu (Marin) Elena Liliana, 2007. "Company'S Financial Performance - A Satisfactory Compromise Between Stability And Profitability," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 1(9), pages 1-50.
    • Handle: RePEc:alu:journl:v:1:y:2007:i:9:p:50
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    More about this item

    Keywords

    financial performance; globalization; company; profitabilty.;
    All these keywords.

    JEL classification:

    • P47 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Performance and Prospects
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

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