Successful Companies and Influencing Factors
Year: 2018
Type: article
Abstract: The success of companies is greatly ensured by achieving high economic performance. In turn, the economic performance is influenced by a complex of factors acting in the internal and external environment of the companies. The main objective of this study is to investigate the performance of companies and to identify the determinants of economic success. The research is conducted based on certain companies listed in the Top Companies of Romania, for the period 2005-2017. In the regression analysis carried out, the performance of companies is expressed by Return on Sales, and as explanatory variables we mainly used the financial ratios. The research results indicate that the performance of Romanian companies is significantly influenced by the way in which the financial capital is managed–its structure, its efficiency, the way of financing the company activity and the financial risk, as well as the extent of investment in fixed assets.
Author: BURJA CAMELIA
Institution: 1 Decembrie 1918 University
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2915496543