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Modelling The Financial Performance Of The Industrial Enterprises – Case Of Light, Wine And Machinery Industries

Author

Listed:
  • Nadejda BOTNARI

    (Academy of Economic Studies of Moldova)

  • Ana NEDELCU

    (Academy of Economic Studies of Moldova)

  • Mihaela ONOFREI

    (Al.I. Cuza University, Iasi, Romania)

Abstract

The financial performance reflects the success in realization of financial objectives or in value creation. The evaluation of financial performance represents a stringent necessity for enterprise’s development, thus the estimated level of financial performance allows establishing the directions of enterprise activity improvement. The researchers use different methods of financial performance evaluation depending on their research objects. This paper aims to adapt the econometric model of financial performance evaluation for industrial enterprises.

Suggested Citation

  • Nadejda BOTNARI & Ana NEDELCU & Mihaela ONOFREI, 2016. "Modelling The Financial Performance Of The Industrial Enterprises – Case Of Light, Wine And Machinery Industries," Economy and Sociology, The Journal Economy and Sociology, issue 1, pages 103-112.
    • Handle: RePEc:aat:journl:y:2016:i:1:p:103-112
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    References listed on IDEAS

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    1. Shashua, L & Goldschmidt, Y, 1974. "An Index for Evaluating Financial Performance," Journal of Finance, American Finance Association, vol. 29(3), pages 797-814, June.
    2. Ohlson, Ja, 1980. "Financial Ratios And The Probabilistic Prediction Of Bankruptcy," Journal of Accounting Research, John Wiley & Sons, Ltd., vol. 18(1), pages 109-131.
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