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Analysis Of The Economic Performance And Sustainability Of Businesses Operating In Electricity Production And Distribution Industry

Author

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  • Veronica GROSU

    (Stefan cel Mare University of Suceava, 720229, Romania)

  • Ioana ANDRIOAIA

    (Stefan cel Mare University of Suceava, 720229, Romania)

  • Iulian DASCALU

    (Stefan cel Mare University of Suceava, 720229, Romania)

Abstract

Recently, the concept of energy independence has attracted the attention of researchers during the last few years. The majority of EU member countries are dependent on imported energy, which is not a favorable aspect in the current context of the energy crisis and the Russian-Ukrainian conflict. In addition, it is also necessary to find solutions for sustainable development and to address the environmental impact of fossil fuel. Thus, to contribute to the efforts to move towards a sustainable economy the aim of the research is focused on the analysis of financial performance and economic sustainability indicators of businesses operating in the field of electricity producers as well as electricity distributors. To achieve the proposed aim, the following objectives are pursued in this paper: O1 – Analyze the operational electricity market in Romania and its participants; O2 - Review the scientific literature on the economic performance and sustainability of electricity producers and distributors; O3 – Develop econometric models that can describe the influence of financial ratios on the financial performance and economic sustainability of energy businesses. The results helped in the development of an econometric model that reveals which economic indicators have a significant influence on the performance and sustainability of businesses based on the production and distribution of electricity

Suggested Citation

  • Veronica GROSU & Ioana ANDRIOAIA & Iulian DASCALU, 2022. "Analysis Of The Economic Performance And Sustainability Of Businesses Operating In Electricity Production And Distribution Industry," European Journal of Accounting, Finance & Business, "Stefan cel Mare" University of Suceava, Romania - Faculty of Economics and Public Administration, West University of Timisoara, Romania - Faculty of Economics and Business Administration, vol. 10(1), pages 96-104, February.
    • Handle: RePEc:scm:ejafbu:v:10:y:2022:i:1:p:96-104
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    References listed on IDEAS

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    Cited by:

    1. Carmen-Valentina Radulescu & Ioan I. Gaf-Deac & Florina Bran & Catalin-Octavian Manescu & Dumitru Alexandru Bodislav & Sorin Burlacu, 2023. "The Mix of Resources, Security and Sustainability of the Energy Complex in Romania in the European Context," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 25(63), pages 447-447, April.
    2. Angelica BUBOI (DANAILA) & Cristina Gabriela COSMULESE, 2023. "Effect of Market Capitalization on the Association between Firm Size and Corporative Performance of Listed Companies at Bucharest Stock Exchange in Romania," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 24(5), pages 815-825, December.
    3. Simona-Maria Brînzaru & Veronica Grosu & Sorinel-Toderaș Siretean & Cipriana Mihai & Ioana Andrioaia, 2023. "Assessing The Financial Sustainability Of Energy Sector In Romania Under Crisis Conditions," European Journal of Accounting, Finance & Business, "Stefan cel Mare" University of Suceava, Romania - Faculty of Economics and Public Administration, West University of Timisoara, Romania - Faculty of Economics and Business Administration, vol. 11(2), pages 94-99, June.

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