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The Analysis of Financial Equilibrium Through the Influence of Economic Performance: Case Study for the Romanian Clothing Industry

Author

Listed:
  • Teodora Maria Suciu (Avram)
  • Monica-Ioana Toader
  • Delia Bugnariu

Abstract

The economic performance of the companies in the Romanian clothing industry can be analyzed through the profitability highlighted by its influence on the financial equilibrium. Considered an essential component of financial position and performance, profitability implies the ability of the company to obtain long-term future benefits in the form of the realized profit. The current research captures the factors influencing the economic performance on the financial equilibrium in the Romanian clothing industry in order to follow and improve the financial results for keeping the companies on the market within the competitive economy. The results of the research show that at the level of the company analyzed there is a negative correlation between certain rates described, therefore the company presents a poor financial situation. As the analysis of the financial equilibrium on the case study does not record values that would fit the company in the area of financial equilibrium, we consider that a detailed evaluation of the financial evolution of the company necessary.

Suggested Citation

  • Teodora Maria Suciu (Avram) & Monica-Ioana Toader & Delia Bugnariu, 2019. "The Analysis of Financial Equilibrium Through the Influence of Economic Performance: Case Study for the Romanian Clothing Industry," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 5(4), pages 103-108, December.
    • Handle: RePEc:khe:scajes:v:5:y:2019:i:4:p:103-108
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    References listed on IDEAS

    as
    1. Monica Violeta ACHIM & Fanuta POP & Sorin ACHIM, 2008. "The Analysis of Financial Equilibrium in the Context of Account Globalization," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 1(36), pages 225-236, May.
    2. Adina-Elena Dănuleţiu & Dan-Constantin Dănuleţiu, 2008. "The Financial Equilibrium And Competitiveness Within Agricultural Holdings," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 1(10), pages 1-44.
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    More about this item

    Keywords

    Economic performance; financial equilibrium; rates of return; Net Treasury; Romanian clothing industry;
    All these keywords.

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • L67 - Industrial Organization - - Industry Studies: Manufacturing - - - Other Consumer Nondurables: Clothing, Textiles, Shoes, and Leather Goods; Household Goods; Sports Equipment

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