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Modern Model For Analysis Of Performance In Romanian Clothing Industry Based On Economic Value Added

Author

Listed:
  • Teodora Maria SUCIU

    (“1 Decembrie 1918” University, Alba Iulia, Romania)

Abstract

The present article aims to present the analysis of the financial performance of the clothing industry in Romania through the economic value added or opportunity cost, as it is also called in the specialized literature. We consider the model as a topical and dynamic one because it takes into account financial data in order to measure performance and improve the future financial situation. The factors of economic value added have strong links in the productivity process of the company, so that they can be considered as basic elements in the efficiency of the managerial decisions and the increase of the performance. The results of the study undertaken on the analysis of the performance with the help of the economic value added are favorable, which means that the cause-effect relationship between the foundation of the best managerial decisions and the increase of the economic value added.

Suggested Citation

  • Teodora Maria SUCIU, 2022. "Modern Model For Analysis Of Performance In Romanian Clothing Industry Based On Economic Value Added," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 7(2), pages 17-26.
    • Handle: RePEc:brc:brccej:v:7:y:2022:i:2:p:17-26
    as

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    References listed on IDEAS

    as
    1. Sabol, Andrija & Sverer, Filip, 2017. "A Review Of The Economic Value Added Literature And Application," UTMS Journal of Economics, University of Tourism and Management, Skopje, Macedonia, vol. 8(1), pages 19-27.
    2. Raluca-Andreea Trandafir, 2015. "The Economic Value Added (Eva) - A Measurement Indicator Of The Value Creation Within A Company From The Romanian Seaside Hotel Industry," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 36-40, January.
    3. Silvia Petrescu & Ciprian Apostol, 2009. "Value Creation Analysis. Economic Value Added," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 5(05(534)(s), pages 118-123, May.
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    More about this item

    Keywords

    economic value added; clothing industry; result of operating activities; Cost of invested capital;
    All these keywords.

    JEL classification:

    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation

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