IDEAS home Printed from https://ideas.repec.org/a/khe/journl/v7y2015i1p14-16.html
   My bibliography  Save this article

Financial Risk Evaluation in the Context of International Accounting Normalization

Author

Listed:
  • Victor Munteanu
  • Lavinia Copcinschi
  • Anda Laceanu
  • Carmen Luschi

Abstract

Within the framework of the normalization phenomenon, the quality of the accounting information has improved as the companies have stepped up with their competitiveness parameters; compared to the opponents on the local and international markets by means of the accounting information they have access to. The main explanation of the phenomena of normalization, harmonization, convergence, internationalization is the augmentation of the global processes of the international markets, capital and the national economies that verge on to building a single system from the perspective of the global economic development. The exposure on the financial markets has an impact upon most organizations, either direct or indirect. When an organization is visible on the financial markets, it is very likely to have losses but also gains or profit. This specific exposure is the venue to strategic or competitive benefits.

Suggested Citation

  • Victor Munteanu & Lavinia Copcinschi & Anda Laceanu & Carmen Luschi, 2015. "Financial Risk Evaluation in the Context of International Accounting Normalization," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 7(1), pages 14-16, March.
    • Handle: RePEc:khe:journl:v:7:y:2015:i:1:p:14-16
    as

    Download full text from publisher

    File URL: http://orizonturi.ucdc.ro/arhiva/khe7nr1/munteanu1.pdf
    Download Restriction: no
    File URL: http://orizonturi.ucdc.ro/arhiva/khe7nr1/munteanu1.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Accounting normalization; financial situations; convergence; International Standards of Accounting and Reporting; financial risk Journal: Knowledge Horizons - Economics;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

    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:khe:journl:v:7:y:2015:i:1:p:14-16. See general information about how to correct material in RePEc.

    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 bibliographic 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Adi Sava (email available below). General contact details of provider: https://edirc.repec.org/data/ffucdro.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.