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Credit Scoring Model for Calculating Firm Financial Performance

Author

Listed:
  • Dãnilã Alexandra

    ("Ovidius" University of Constanta)

  • Horga Maria-Gabriela

    ("Ovidius" University of Constanta)

  • Negrea Alexandru

    ("Ovidius" University of Constanta)

Abstract

Currently, a fundamental role in firm activity lies in financial performance, given that competition for each market segment has become increasingly tight and mechanisms of globalization exclude the weakest ones. So the chance to survive in this competition increases considerably for those firms who quickly find and reduce their vulnerabilities and furthermore implement performance management tools that facilitate discovery, explanation and solutioning difficulties. Research presented in this paper continues the investigations that were carried out in the domain of firm financial performance, seeking to highlight the importance of financial knowledge within all sectors. Present reasearch aims to evaluate financial performance within Romanian tourism sector, given specific of this sector. Evaluation of financial performance of this sector is based on a proposed credit scoring model.

Suggested Citation

  • Dãnilã Alexandra & Horga Maria-Gabriela & Negrea Alexandru, 2014. "Credit Scoring Model for Calculating Firm Financial Performance," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 479-482, May.
    • Handle: RePEc:ovi:oviste:v:xiv:y:2014:i:2:p:479-482
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    File URL: http://stec.univ-ovidius.ro/html/anale/RO/cuprins%20rezumate/ANALE%20vol%2014%20issue_2_2014.pdf
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    More about this item

    Keywords

    financial statements; credit scoring model; tourism sector; financial indicator.;
    All these keywords.

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology

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