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The Financial Management Of The Small And Medium Sized Companies In Romania

Author

Listed:
  • Lect. Roxana Maria Ispas Ph. D

    (University of Craiova Faculty of Economics and Business Administration Craiova, Romania)

  • Assoc. Prof. Dalia Mirela Simion Ph. D

    (University of Craiova Faculty of Economics and Business Administration Craiova, Romania)

Abstract

The objective of the paper is to identify the possibilities and promotion limits of the financial management in the small and medium sized companies in Romania starting from the concepts expressed in the literature and expressed in the concrete situations in the Romanian economy practice. We have also presented the role of the financial management in small and medium sized companies and the risk management objective of financial management considering that the risk is a fundamental component of a strategic and tactical decision. At the end of the paper we have presented the conclusions stemming from the study, the basic one being that there is a beginning in the promotion and applicability of theoretical elements of financial management in small and medium sized companies in Romania together with the European integration.

Suggested Citation

  • Lect. Roxana Maria Ispas Ph. D & Assoc. Prof. Dalia Mirela Simion Ph. D, 2010. "The Financial Management Of The Small And Medium Sized Companies In Romania," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 2(38), pages 1-8, May.
  • Handle: RePEc:aio:aucsse:v:2:y:2010:i:8:p:288-295
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    File URL: http://feaa.ucv.ro/AUCSSE/0038v2-033.pdf
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    References listed on IDEAS

    as
    1. Isabelle Huault & V. Perret & S. Charreire-Petit, 2007. "Management," Post-Print halshs-00337676, HAL.
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    More about this item

    Keywords

    small and medium sized companies; financial management; investment; risk; economic profitability;

    JEL classification:

    • G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy

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