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Predilection for Investments and Profitability Trends of Artistic Activities in Constanta County

Author

Listed:
  • Kamer-Ainur Aivaz

    („Ovidius†University of Constanta)

  • Roxana-Andreea Mirea

    (Bucharest National University of Arts)

Abstract

This study provides a perspective on the way companies that carry out artistic activities in Constanta County manage their performance in terms of fulfilling their objectives. These companies focus on socio-cultural objectives, while at the same time, according to the instruments used in business, they carry out income-generating activities for their sustainability in the community in which they operate. The use of the profitability ratios method gave us the possibility to obtain different types of information and allowed the possibility to make a comparison regarding the economic-financial activity of an endeavor.

Suggested Citation

  • Kamer-Ainur Aivaz & Roxana-Andreea Mirea, 2020. "Predilection for Investments and Profitability Trends of Artistic Activities in Constanta County," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 75-82, December.
    • Handle: RePEc:ovi:oviste:v:xx:y:2020:i:2:p:75-82
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    References listed on IDEAS

    as
    1. Claudiu Marian Gruian, 2010. "What do we mean by "company performance"?," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 243-255, December.
    2. Alkaraan, Fadi & Northcott, Deryl, 2006. "Strategic capital investment decision-making: A role for emergent analysis tools?," The British Accounting Review, Elsevier, vol. 38(2), pages 149-173.
    3. Prof. Vasile Robu, Ph. D & Assist. Costin Ciora Ph. D Student, 2010. "Measuring Performance, Value Creation And Value-Based Management In The Context Of Competitiveness And Globalization," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 2(38), pages 1-8, May.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    artistic activities; financial assessment; fixed assets; performance; economic profitability ratio;
    All these keywords.

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • P52 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies
    • Z11 - Other Special Topics - - Cultural Economics - - - Economics of the Arts and Literature

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