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Factors Generating Financial Crises

Author

Listed:
  • Anastase (Bădulescu) Ileana

    (“Carol I†Commercial College of Constanta)

  • Dima Adriana

    (“Carol I†Commercial College of Constanta)

  • Dudan Anghelina

    (“Carol I†Commercial College of Constanta)

Abstract

The paper refers to aspects related to the company's functioning inside the country, whichdetermines the company's principles and external environment. The same enterprise, operating in aglobalized environment, greatly changes its behaviour, operating rules, principles, and thebusiness environment. The estimation of the company’s potential of development implies itssuccessful functioning, that is, the imaginative existence of this company with other possibilities ofproducing, selling, with another structure of the final product, with another efficiency. It is naturalto admit that the firm’s manager will position the company’s increasing potential. However,depending on the impact of the technical and scientific progress, of the exogenous factors, theenterprise could reduce its productive potential. In this context, the firm's financial level must betaken into account in order to ensure the company's development.

Suggested Citation

  • Anastase (Bădulescu) Ileana & Dima Adriana & Dudan Anghelina, 2018. "Factors Generating Financial Crises," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 128-132, July.
    • Handle: RePEc:ovi:oviste:v:xviii:y:2018:i:1:p:128-132
    as

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    References listed on IDEAS

    as
    1. Dilip Abreu & Markus K. Brunnermeier, 2003. "Bubbles and Crashes," Econometrica, Econometric Society, vol. 71(1), pages 173-204, January.
    2. Harrison Hong & Jeffrey D. Kubik & Amit Solomon, 2000. "Security Analysts' Career Concerns and Herding of Earnings Forecasts," RAND Journal of Economics, The RAND Corporation, vol. 31(1), pages 121-144, Spring.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    company (enterprise); modernization; economic potential; firm of the future;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity

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