期刊名称:Ovidius University Annals: Economic Sciences Series
电子版ISSN:2393-3127
出版年度:2013
卷号:13
期号:1
语种:English
出版社:Ovidius University Press
摘要:Firm's financial performance is reflected by its profit and loss account. Still,all financial statements are needed in order to have a complete view on a firm's financial performance. As a general rule,several financial indicators are calculated in this sense. Hence,it would be of great interest to reduce the number of financial indicators into fewer,more synthetic ones. However,the new indicators should reflect the same information as the first ones. Statistics offers this possibility through factor analysis. The purpose of the present study is to use factor analysis in order to generate a reduced number of relevant indicators that could help in analyzing firm's financial performance. The paper represents a case study on Romanian small and medium enterprises.