Methods of Analysis and Evaluation of the Bankruptcy Risk
The profitableness of an enterprise cannot be appreciated irrespective of the risks wherewith this is confronting, risks corresponding to economic and financial profitableness: the economic risk, carried out into organizational lever effect and the financial risk, in terms of the negative lever. The...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Dunarea de Jos University of Galati
2007-01-01
|
| Series: | Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics |
| Subjects: | |
| Online Access: | http://www.ann.ugal.ro/eco/Doc%202007/Mihaela%20Birsan,%20Stefanita%20Susu,%20Alina%20Balan.pdf |
| Summary: | The profitableness of an enterprise cannot be appreciated irrespective of the risks wherewith this is confronting, risks corresponding to economic and financial profitableness: the economic risk, carried out into organizational lever effect and the financial risk, in terms of the negative lever. The financial lever deepens the economic risk, turning into a greater vulnerability of treasury (to the outgoings concerning the interest, those of loan’s reimbursement are added), which finally generates the enterprise’s inability of payment, meaning the bankruptcy risk. |
|---|---|
| ISSN: | 1584-0409 |