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  • 标题:Influences on the profitability of the pharmaceutical industry in Romania
  • 本地全文:下载
  • 作者:Stănică, Florina-Adriana ; Străchinaru, Adina Ionela ; Ilie, Vasile
  • 期刊名称:Theoretical and Applied Economics
  • 印刷版ISSN:1841-8678
  • 电子版ISSN:1844-0029
  • 出版年度:2015
  • 卷号:XXII
  • 期号:Special(II)
  • 页码:97-105
  • 出版社:Asociatia Generala a Economistilor din Romania - AGER
  • 摘要:The pharmaceutical industry is considered one of the largest and profitable industries in the world. As any economic sector, it was not protected from the harmful effects of the global financial crisis, which affected the entire Romania. Because of the importance of this sector for the final consumers and for the Romanian economy, we found this theme worthy of being studied. The issue under discussion refers to the impact of the economic and financial factors on the profitability of the pharmaceutical industry, based on the assumption that the profitability of an industry can be considered as a barometer for the economy of the country of which it is part of. The aim of the paper is to capture the Romanian pharmaceutical industry performance, taking into account the influence of economic and financial indicators provided by financial statements and external indicators with a significant impact on the Romanian economy. The pharmaceutical market has proved more resilient to economic cycles than other sectors, maintaining an inelastic demand even in crisis.
  • 关键词:return on equity; asset structure; clawback tax; pharmaceutical industry.
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