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A Specific Model for Assessing the Financial Performance:Case study on Building Sector Enterprises of Galati County - Romania

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  • Nicoleta BARBUTA-MISU

    (Dunarea de Jos University of Galati, Romania)

Abstract

In this paper is designed a specific model for assessing the financial performance, based on models of bankruptcy risk, for enterprises acting in the building sector from Galati County - Romania. The main purpose of the paper is designing and development a model for evaluation financial performance that important for ranking enterprises. To choose model variables was used discriminate analysis on 22 variables proposed that separate objectively performant by non-performant enterprises. The proposed model with five variables was tested using the initial sample of enterprises obtaining an average success ratio of 81.82%.

Suggested Citation

  • Nicoleta BARBUTA-MISU, 2011. "A Specific Model for Assessing the Financial Performance:Case study on Building Sector Enterprises of Galati County - Romania," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 318-325.
    • Handle: RePEc:ddj:fserec:y:2011:p:318-325
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    References listed on IDEAS

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