期刊名称:Annals of the University of Craiova: Economic Sciences Series
印刷版ISSN:1223-365X
电子版ISSN:1843-3723
出版年度:2011
卷号:4
页码:180-192
语种:English
出版社:Universitaria Craiova
摘要:In a time when the term most commonly encountered in both the media and among people is the economic crisis,the usefulness of a study on the evolution of companies in our country in the last four years is obvious.In the present paper we intend to analyse,in both comparison and dynamics,in the pre-crisis period (2007-2008 in Romania) as well as in the height of it (2009-2010),the evolution of profitability of Romanian companies,listed on Bucharest Stock Exchange,from various areas of activity,such as food industry,oil industry,pharmaceuticals manufacture,retail trade,constructions,chemical industry,energy,etc.In order to achieve this goal,based on the data from both the balance sheets and profit and loss accounts of these companies from the period 2007-2010,in the framework of the article we have calculated the main rates of return,respectively,the economic,the financial,the consumed resources and income rates of return,in order to observe the remuneration level of certain key elements,such as assets,capitals,revenues or expenses.The level of these rates has been calculated both for each company and as a domain average.This way,we appreciate that the study is useful on one hand to company managers in taking decisions regarding patrimony administration,and on the other hand to investors,who can take it as a guide in order to choose investments depending on the profitability of different shares.
关键词:financial crisis;profitability;Bucharest Stock Exchange;domains of activity