IDEAS home Printed from https://ideas.repec.org/a/aio/fpvfcf/v1y2018i20p97-107.html
   My bibliography  Save this article

Sector Analysis - Maintenance and Repair of Motor Vehicles and Retail Trade of Motor Vehicle Parts and Accessories

Author

Listed:
  • Rodica BACIU (BOANTA)

    (The Bucharest University of Economic Studies Department of Finance, Bucharest, Romaniauthor-Name: Petre BREZEANU
    The Bucharest University of Economic Studies Department of Finance, Bucharest, Romania)

Abstract

This study analyses the consolidated financial indicators evolution for all active companies in the following sectors: maintenance and repair of motor vehicles (NACE 4520), retail trade of motor vehicle parts and accessories (NACE 4532). The companies’ classification in this sector is made on the basis of the main declared NACE code, according to financial statements submitted to the Ministry of Public Finance for the 2013-2017 period (the last five financial years available at the date of this study). The appendix at the end of the study includes the formulas used for each indicator, as well as their interpretation. For calculating the financial indicators evolution, the two effects that can influence the final results have been eliminated: the survival effect - which generates the tendency for average indicators improvement due to the removal of companies that have entered into insolvency or have interrupted their activity (most of them having financial difficulties); the regeneration effect - which generates the tendency to decrease the financial indicators due to the registration of new companies, most of them having a weak financial situation in the first year of activity.

Suggested Citation

  • Rodica BACIU (BOANTA), 2018. "Sector Analysis - Maintenance and Repair of Motor Vehicles and Retail Trade of Motor Vehicle Parts and Accessories," Finante - provocarile viitorului (Finance - Challenges of the Future), University of Craiova, Faculty of Economics and Business Administration, vol. 1(20), pages 97-107, November.
    • Handle: RePEc:aio:fpvfcf:v:1:y:2018:i:20:p:97-107
    as

    Download full text from publisher

    File URL: http://www.financejournal.ro/fisiere/revista/128256626609_Baciu%20Brezeanu%20en.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Liang Han & Stuart Fraser & David J. Storey, 2009. "The Role of Collateral in Entrepreneurial Finance," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 36(3-4), pages 424-455.
    2. Mazur I. & Sapachuk Y., 2009. "The reasons of the financial crisis under globalization," Bulletin of Taras Shevchenko National University of Kyiv. Economics. Вісник Киiвського нацiонального унiверситету iм. Тараса Шевченка. Серiя: Економiка, CyberLeninka;Издательско-полиграфический центр «Киевский университет», issue 109, pages 9-13.
    3. Shyamala Gopinath, 2009. "Indian financial institutions: healthy amid global crises," Macroeconomics and Finance in Emerging Market Economies, Taylor & Francis Journals, vol. 2(2), pages 239-246.
    4. ,, 2009. "Public Finance and Public Choice: Analytical Perspectives," OUP Catalogue, Oxford University Press, edition 3, number 9780199234783.
    5. Cyril F.S. Fouillet, 2009. "La construction spatiale de la microfinance en Inde," ULB Institutional Repository 2013/210254, ULB -- Universite Libre de Bruxelles.
    6. Lin He & Calum Turvey, 2009. "Financial repression in China's agricultural economy," China Agricultural Economic Review, Emerald Group Publishing Limited, vol. 1(3), pages 260-274, May.
    7. Arzu Tektas & E. Nur Ozkan-Gunay & Gokhan Gunay, 2005. "Asset and liability management in financial crisis," Journal of Risk Finance, Emerald Group Publishing, vol. 6(2), pages 135-149, March.
    8. Philip R. Lane IIIS, Trinity College Dublin and CEPR, 2009. "Innovation and Financial Globalisation," The Institute for International Integration Studies Discussion Paper Series iiisdp299, IIIS.
    9. Duchinska N. I. & Osaul A. O., 2009. "Financial interventions on the ecosystem services markets," Bulletin of Taras Shevchenko National University of Kyiv. Economics. Вісник Киiвського нацiонального унiверситету iм. Тараса Шевченка. Серiя: Економiка, CyberLeninka;Издательско-полиграфический центр «Киевский университет», issue 111, pages 15-17.
    10. Zheleznyak V. Y., 2009. "About the financial market infrastructure improvement," Bulletin of Taras Shevchenko National University of Kyiv. Economics. Вісник Киiвського нацiонального унiверситету iм. Тараса Шевченка. Серiя: Економiка, CyberLeninka;Издательско-полиграфический центр «Киевский университет», issue 113-114, pages 67-71.
    11. ., 2009. "Financing Methods for Government Bodies," Chapters, in: An Islamic Perspective on Governance, chapter 7, Edward Elgar Publishing.
    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. Alina MANTA & Roxana BADIRCEA & Ramona PIRVU, 2018. "A Multivariate Analysis of Determinants of Banking Profitability in Romania," Finante - provocarile viitorului (Finance - Challenges of the Future), University of Craiova, Faculty of Economics and Business Administration, vol. 1(20), pages 7-18, November.
    2. Casu, Barbara & Girardone, Claudia, 2010. "Integration and efficiency convergence in EU banking markets," Omega, Elsevier, vol. 38(5), pages 260-267, October.
    3. Irfan Akbar Kazi & Hakimzadi Wagan & Farhan Akbar, 2012. "The changing international transmission of US monetary policy shocks: is there evidence of contagion effect on OECD countries," Working Papers hal-04141067, HAL.
    4. Eaton, Ben & Elaluf-Calderwood, Silvia & Sorensen, Carsten & Yoo, Youngjin, 2015. "Distributed tuning of boundary resources: the case of Apple's iOS service system," LSE Research Online Documents on Economics 63272, London School of Economics and Political Science, LSE Library.
    5. Muilu Toivo & Kotavaara Niina, 2011. "Diffusion, social structure and functioning of scientific rural networks: comparison of European and Finish examples," European Countryside, Sciendo, vol. 3(1), pages 66-82, January.
    6. Liu, Han & Ackert, Lucy F. & Chang, Fang & Qi, Li & Shi, Yaojiang, 2021. "Social division, trust, and reciprocity among Chinese inmates," Research in Economics, Elsevier, vol. 75(3), pages 259-273.
    7. Cinzia Colapinto & Raja Jayaraman & Simone Marsiglio, 2017. "Multi-criteria decision analysis with goal programming in engineering, management and social sciences: a state-of-the art review," Annals of Operations Research, Springer, vol. 251(1), pages 7-40, April.
    8. Annabel Vanroose, 2014. "Factors that explain the regional expansion of microfinance institutions in Peru," Working Papers CEB 14-030, ULB -- Universite Libre de Bruxelles.
    9. Cullis, John & Jones, Philip & Soliman, Amal, 2012. "‘Spite effects’ in tax evasion experiments," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 41(4), pages 418-423.
    10. Uluc Aysun, 2012. "Capital Flows, Maturity Mismatches, and Profitability in Emerging Markets: Evidence From Bank Level Data," Journal of Developing Areas, Tennessee State University, College of Business, vol. 46(1), pages 211-239, January-J.
    11. Sokona, Youba & Mulugetta, Yacob & Gujba, Haruna, 2012. "Widening energy access in Africa: Towards energy transition," Energy Policy, Elsevier, vol. 47(S1), pages 3-10.
    12. Kohnert, Dirk, 2010. "Are the Chinese in Africa more innovative than the Africans ? Comparing Chinese and Nigerian entrepreneurial migrants‘ Cultures of Innovation," OSF Preprints tr6b8, Center for Open Science.
    13. E. Nur Ozkan‐Gunay & Arzu Tektas, 2006. "Efficiency Analysis Of The Turkish Banking Sector In Precrisis And Crisis Period: A Dea Approach," Contemporary Economic Policy, Western Economic Association International, vol. 24(3), pages 418-431, July.
    14. Ashiqur Rahman & Jaroslav Belas & Tomas Kliestik & Ladislav Tyll, 2017. "Collateral requirements for SME loans: empirical evidence from the Visegrad countries," Journal of Business Economics and Management, Taylor & Francis Journals, vol. 18(4), pages 650-675, July.
    15. Nurullah Gur & Veysel Avşar, 2016. "Financial system, R&D intensity and comparative advantage," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 25(2), pages 213-239, March.
    16. Bart M. Lambrecht, 2009. "Discussion of The Role of Collateral in Entrepreneurial Finance," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 36(3‐4), pages 456-460, April.
    17. Aouni, Belaid & Colapinto, Cinzia & La Torre, Davide, 2014. "Financial portfolio management through the goal programming model: Current state-of-the-art," European Journal of Operational Research, Elsevier, vol. 234(2), pages 536-545.
    18. Tung L. Dang & Thi H. H. Huynh & Manh T. Nguyen, 2021. "Media attention and firm value: International evidence," International Review of Finance, International Review of Finance Ltd., vol. 21(3), pages 865-894, September.
    19. Shoora B. Paudyal, 2013. "Do Budget Deficits Raise Interest Rates in Nepal?," NRB Economic Review, Nepal Rastra Bank, Research Department, vol. 25(1), pages 51-66, April.
    20. Elena GORI & Silvia FISSI, 2014. "Scoring The Default Risk Of Local Authority," Journal of Public Administration, Finance and Law, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 5(5), pages 7-25, June.

    More about this item

    Keywords

    net profit rate; return on assets; return on equity; nonperforming loans; multivariate regression; panel data.;
    All these keywords.

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services

    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:aio:fpvfcf:v:1:y:2018:i:20:p:97-107. 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: Alina Manta (email available below). General contact details of provider: https://edirc.repec.org/data/fecraro.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.