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Study Regarding The Evolution Of The Financial Balance In The Pharmaceutical Industry

Listed author(s):
  • GRIGOROI Lilia

    (ASEM Chisinau, Moldova)

  • MINCULETE (PIKO) Georgiana Daniela

    (Lucian Blaga University of Sibiu, Romania)

Registered author(s):

    This article aims at analysing the financial balance within the global pharmaceutical industry, starting from the assumption that „In the pharmaceutical industry there is sufficient liquidity to cover payment obligations”. The analysed companies are part of the exclusive group comprising the top 20 global companies, e.g. GlaxoSmithKline, Merck & Co., Sanofi-Aventis and Bayer. The research conducted is based on an analysis over time of the relationship between floating assets, floating assets requirement and net cash from 2006 to 2013, and highlights the main developments of the indicators before the onset of the financial and economic crisis and after its outbreak.

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    File URL: http://eccsf.ulbsibiu.ro/RePEc/blg/journl/10314grigoroiu&minculete.pdf
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    Article provided by Lucian Blaga University of Sibiu, Faculty of Economic Sciences in its journal Studies in Business and Economics.

    Volume (Year): 10 (2015)
    Issue (Month): 3 (December)
    Pages: 137-146

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    Handle: RePEc:blg:journl:v:10:y:2015:i:3:p:137-146
    Contact details of provider: Postal:
    Lucian Blaga University of Sibiu, Faculty of Economic Sciences Dumbravii Avenue, No 17, postal code 550324, Sibiu, Romania

    Phone: 004 0269 210375
    Fax: 004 0269 210375
    Web page: http://economice.ulbsibiu.ro/
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