IDEAS home Printed from https://ideas.repec.org/a/pet/annals/v14y2014i2p149-156.html
   My bibliography  Save this article

Considerations On Entity'S Risk Analysis

Author

Listed:
  • Mirela Monea

    (University of Petrosani, Romania)

Abstract

In the present paper, because of the complexity of this topic, the purpose is to discuss the main aspects involved by risk analysis; starting with few conceptual approaches about risk and to outline the contributions about methods to assess different risks categories, especially methods to assess bankruptcy risk prediction (entity insolvency) from economic literature. The methods used to estimate bankruptcy risk are based on the score function which helps to find if an entity is confronted with financial difficulties. The score functions are a diagnosis method elaborated relying on the discriminant analysis, allowing to assess and to predict the bankruptcy risk of the entity using a set of relevant financial ratios.

Suggested Citation

  • Mirela Monea, 2014. "Considerations On Entity'S Risk Analysis," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 14(2), pages 149-156.
    • Handle: RePEc:pet:annals:v:14:y:2014:i:2:p:149-156
    as

    Download full text from publisher

    File URL: http://upet.ro/annals/economics/pdf/2014/part2/Monea.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Silvia Melania PETRESCU & Camelia Catalina MIHALCIUC, 2009. "Models For The Assessment Of The Entreprise Bankrupty Risk In Crisis Situations," The Annals of the "Stefan cel Mare" University of Suceava. Fascicle of The Faculty of Economics and Public Administration, "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration, vol. 9(2(10)), pages 163-172, December.
    2. Mirela Monea, 2013. "Information System of the Financial Analysis," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 13(2), pages 149-156.
    3. Mirela Monea & Anca Jarmila Guță, 2011. "The Relevance of the Performance Indicators in Economic and Financial Diagnosis," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 11(4), pages 207-214.
    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. Mirela Monea & Claudia Isac, 2014. "Conceptual Approaches and Role of Diagnostic Analysis in Entity's Valuation," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 14(2), pages 157-162.
    2. Mirela Monea, 2017. "Key Performance Indicators to Measure Efficiency in the Public Sector," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 17(2), pages 139-146.
    3. Mirela Monea, 2016. "Performance Indicators from Banking System," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 16(2), pages 69-76.
    4. Albertina Paula Monteiro & Catarina Cepêda & Amélia Ferreira da Silva & Eduardo Leite & Élvio Camacho, 2021. "The role of accounting information in decision-making and companies’ sustainability development: the Portuguese accountants’ perspective," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 9(1), pages 486-501, September.
    5. Daniel Tobă & Dalia Simion, 2014. "Considerations Regarding The Calculation and Evolution of Labor Productivity in Terms of Combining Technical Factor - Capital," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 14(2), pages 253-260.
    6. Maria Daniela Bondoc & Marian Ţaicu, 2013. "Expenses Analysis Based on Information Provided by the Profit and Loss Account – Company Performance Diagnosis Stage," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 13(1), pages 5-14.
    7. Léopold Djoutsa Wamba & Isidore Bimeme Bengono & Jean-Michel Sahut & Frédéric Teulon, 2018. "Governance and performance of MFIs: the Cameroon case," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 22(1), pages 7-30, March.
    8. Balteș Nicolae & Pavel Ruxandra Maria, 2019. "Assessment of the Insolvency Risk in Companies Listed on the Bucharest Stock Exchange," Studia Universitatis „Vasile Goldis” Arad – Economics Series, Sciendo, vol. 29(4), pages 58-71, December.
    9. Mitica Pepi, 2016. "The Usefulness of Financial Statements in Making Financial Diagnosis," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 583-588, February.

    More about this item

    Keywords

    risk; score function; bankruptcy risk; Z score; risk prediction; solvability; assessment methods;
    All these keywords.

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation
    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • M49 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Other

    Statistics

    Access and download statistics

    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:pet:annals:v:14:y:2014:i:2:p:149-156. 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: Imola Driga (email available below). General contact details of provider: http://www.upet.ro/ .

    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.