期刊名称:Studies and Scientific Researches: Economics Edition
印刷版ISSN:2066-561X
电子版ISSN:2344-1321
出版年度:2017
期号:25
页码:77-83
DOI:10.29358/sceco.v0i25.381
语种:English
出版社:University of Bacău
摘要:Our study analyses the changes in the financial structure of the firms in the context of the vulnerabilities induced by the financial crisis.The study shows that there have been registered a reconfiguration of firms’ financial structure which has triggered an increase in their financial fragility and vulnerability to crises.The results obtained confirm that the effects of financing differ depending on the economic conditions in particular period (normal periods and crisis periods).In tranquil times solvency is more important for the firms than liquidity.After crisis,the firms became more cautious regarding liquidity,solvency and the prospect of securing longterm financial balance.These firms have abandoned the objective of maximizing the positive effects of debt financing adopting a more prudent financing.