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Entrepreneurial Risk And Performance: Empirical Evidence Of Romanian Agricultural Holdings

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  • Camelia Burja
  • Vasile Burja

Abstract

The paper analyses some performance aspects in the significant holdings of Romania agriculture sector. Using the financial analysis tools and information provisioned by the statistical support of companies, we intended to identify the changes manifested in their economic financial environment and the possibility of risk manifestation in agricultural holdings' activity. The results of the empirical case study made on selection of holdings listed in Bucharest Stock Exchange in the period 2007-2012 indicates that in the last years only a few holdings are in healthy zone, some of them have low performance indicators and a less safer financial position and the others present entrepreneurial risk. It can be considered that in agriculture sector among the internal factors of economic financial risk decrease are: investments, a better management of financing sources, equilibrium in financial flows and efficient use of resources.

Suggested Citation

  • Camelia Burja & Vasile Burja, 2013. "Entrepreneurial Risk And Performance: Empirical Evidence Of Romanian Agricultural Holdings," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(15), pages 1-21.
    • Handle: RePEc:alu:journl:v:2:y:2013:i:15:p:21
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    File URL: http://oeconomica.uab.ro/upload/lucrari/1520132/21.pdf
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    References listed on IDEAS

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    Cited by:

    1. Błażej Prusak, 2018. "Review of Research into Enterprise Bankruptcy Prediction in Selected Central and Eastern European Countries," IJFS, MDPI, vol. 6(3), pages 1-28, June.
    2. Burja Vasile & Burja Camelia, 2017. "Financial Performance And The Business Risk In Agricultural Sector Of Romania," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 75-82, June.
    3. Camelia BURJA, 2020. "Economic Performance In Viticulture: Evidence From Romania," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(22), pages 11-18.

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    More about this item

    Keywords

    economic performance; bankruptcy risk; agricultural holdings; financial ratios;
    All these keywords.

    JEL classification:

    • G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance

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