EUROPEAN JOURNAL OF ACCOUNTING, FINANCE & BUSINESS

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ISSN: 2344 - 102X

ISSN-L: 2344 - 102X



 

Article from Volume 7, Number 1, Year 2019

ANALYSIS OF FINANCIAL PERFORMANCE OF FARMA INDUSTRY COMPANIES LISTED ON BSE - BUCHAREST STOCK EXCHANGE
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Author(s): Camelia Catalina Mihalciuc, Oana Narcisa Alexa
DOI: 10.4316/EJAFB.2019.7112
Abstract: In the era when we are at the same time in the competitive environment of the market economy for each company it is very important to be highlighted, especially when we refer to the companies listed on the stock exchange. Defining for what means performance and which involves performance management it is the fact that it has a complex character and generally focuses on the extent of the efficiency of each company, branch or sector of activity. Most of the time, performance is associated with the financial results of any company, and performance management is associated with how performance is determined. Starting from these considerations, the first part of the paper presents specific aspects which refer to the performance and the defining elements that refer to the performance management met in the business environment, highlighting the typology of the indicators used in measuring the performance of the company, and the second part of the paper, through its applicative approach presents a detailed analysis of the financial performance for 4 companies in the pharmaceutical industry during the period 2014-2018, based on the data presented at BSE - Bucharest Stock Exchange.
Keywords: EVA; MVA; EBIT; EBIDA; BSE.
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