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Crisis Impact Upon The Romanian Companies

Author

Listed:
  • Marius GUST

    (Facultatea de Management Marketing in Afaceri Economice Rm. Vîlcea, Universitatea Constantin Brancoveanu din Pitesti)

  • Laura PANOIU

    (Facultatea de Management Marketing in Afaceri Economice Rm. Vîlcea, Universitatea Constantin Brancoveanu din Pitesti)

  • Sorin GRIGORESCU

    (Facultatea de Management Marketing in Afaceri Economice Rm. Vîlcea, Universitatea Constantin Brancoveanu din Pitesti)

Abstract

The paper aims at investigating the economic and financial crisis impact which has occurred in the Romanian economy, upon the Romanian companies since 2008. Specifically, its effects are taken into account regarding the number of economic players, the labor force, and the results of business performance: enterprise turnover or gross outcomes. Additionally, this research paper aims at assessing the crisis consequences on corporate behavior in the insecure environment of the crisis regarding the investment process and the value rendered by enterprises. The investigation is made exclusively on the secondary and tertiary sectors of the Romanian economy: industry, construction, trade and services, both from an overall and a sectoral perspective. The analysis also envisages the correlation of progress per the aforementioned economic segments with the overall development of the Romanian economy in terms of economic and financial crisis.

Suggested Citation

  • Marius GUST & Laura PANOIU & Sorin GRIGORESCU, 2014. "Crisis Impact Upon The Romanian Companies," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 3, pages 216-223, April.
    • Handle: RePEc:cmj:seapas:y:2014:i:3:p:216-223
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    More about this item

    Keywords

    Crisis impact; Romanian companies; Results of business performance;
    All these keywords.

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles

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