IDEAS home Printed from https://ideas.repec.org/a/cbu/jrnlec/y2023v6iip121-131.html
   My bibliography  Save this article

The Diagnosis Of Expenses From The Production Activity In The Analysis Of The Financial Performance For The Romanian Clothing Industry

Author

Listed:
  • SUCIU TEODORA MARIA

    (1 DECEMBRIE 1918 UNIVERSITY, ALBA IULIA, FACULTY OF ECONOMIC SCIENCES, ROMANIA)

Abstract

The clothing industry has recently experienced a difficult phase in Romania as a result of the COVID 19 crisis, the invasion of Russia in Ukraine, in a general sense, and the liberalization of the clothing trade, the reduction of lohn contracts and the transition of periods of economic crisis, in particular meaning. This paper aims to present the methods by which the expenses from the production activity of the companies in the Romanian clothing industry can be analyzed and reduced. We consider this scientific research necessary because the overall analysis of expenses allows evaluating the credible and complete financial performance of the targeted activity sector. The empirical study presents a factorial analysis of expenses in the clothing industry at the microeconomic level - the chosen commercial company is representative in Romania, and the research study is conducted between 2016-2022. Following the establishment of the necessary corrections to ensure healthy principles of carrying out clothing manufacturing activities at the analyzed company, the performance analysis results through operating expenses, financial expenses and those related to income showed a low efficiency from an economic perspective in most periods.

Suggested Citation

  • Suciu Teodora Maria, 2023. "The Diagnosis Of Expenses From The Production Activity In The Analysis Of The Financial Performance For The Romanian Clothing Industry," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 6, pages 121-131, December.
    • Handle: RePEc:cbu:jrnlec:y:2023:v:6ii:p:121-131
    as

    Download full text from publisher

    File URL: https://www.utgjiu.ro/revista/ec/pdf/2023-06%20Volumul%20II/12_suciu.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Izabela Luiza POP, 2017. "Financial Diagnosis as a Tool of Improving the Performance of an Organisation," North Economic Review, Technical University of Cluj Napoca, Department of Economics and Physics, vol. 1(1), pages 291-302, October.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Hada Izabela Diana & Hint (Stefan) Mihaela, 2019. "The Role Of The Financial-Accounting Diagnosis In The Monitoring Of The Financial Health Of The Economic Entities," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 122-127, June.
    2. Hada Izabela Diana, 2018. "The Relationship Between Financial Accounting Diagnosis And Economic-Financial Analysis," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 0, pages 228-233, December.
    3. Hada Izabela Diana & Mihalcea Mihaela Maria, 2019. "Monitoring The State Of Profitability And Assessing The Risks Of Financial Activity Of The Entity Using Financial Diagnosis," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 253-262, June.
    4. Hada Izabela Diana & Mihalcea Mihaela Maria & Dohan (Litan) Cristina Susana, 2018. "Diagnosis Of Financial Liquidity And Solvency - Tool Of The Appreciation Of The Entity Paying Capacity," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 0, pages 187-192, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cbu:jrnlec:y:2023:v:6ii:p:121-131. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ecobici Nicolae (email available below). General contact details of provider: https://edirc.repec.org/data/fetgjro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.