IDEAS home Printed from https://ideas.repec.org/a/dug/journl/y2012i4p35-42.html
   My bibliography  Save this article

The evolution view on the insolvency phenomenon in post-December Romania

Author

Listed:
  • DAN LUPU

    () (Faculty of Economics and Business Administration, Alexandru Ioan Cuza University)

  • MIHAI BOGDAN PETRISOR

    () (Faculty of Economics and Business Administration, Alexandru Ioan Cuza University)

Abstract

The purpose of this article is to present the evolution of the phenomenon of insolvency in post communist Romania. An important feature of a market economy it is the active selection mechanism by which solid and efficient firms supersede the least effective and the goods and new activities to replace the old. Present article attempts describes the provisions of the Romanian insolvency law, is investigating the facts existing and possible remedies that could lead to increased competitiveness and functionality of the Romanian economy.

Suggested Citation

  • Dan Lupu & Mihai Bogdan Petrisor, 2012. "The evolution view on the insolvency phenomenon in post-December Romania," EuroEconomica, Danubius University of Galati, issue 4(31), pages 35-42, November.
  • Handle: RePEc:dug:journl:y:2012:i:4:p:35-42
    as

    Download full text from publisher

    File URL: http://journals.univ-danubius.ro/index.php/euroeconomica/article/view/1354/1412
    Download Restriction: no

    More about this item

    Keywords

    bankruptcy; economy sector; closing indicators;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:dug:journl:y:2012:i:4:p:35-42. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Florian Nuta). General contact details of provider: http://edirc.repec.org/data/fedanro.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.