EUROPEAN JOURNAL OF ACCOUNTING, FINANCE & BUSINESS

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ISSN: 2344 - 102X

ISSN-L: 2344 - 102X



 

Article from Volume 11, Number 3, Year 2023

OPTIMAL ASSESSMENT OF THE IMPACT OF INFLUENCING FACTORS ON THE FINANCIAL PERFORMANCE OF COMPANIES IN THE FERROUS METALLURGICAL INDUSTRY IN ROMANIA
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Author(s): Mihaela Tulvinschi, Anamaria - Geanina Macovei
DOI: 10.4316/EJAFB.2023.1139
Abstract: For an economic entity, performance is what contributes to improving the value-cost relationship. The relationship between value and cost is fundamental to purchasing decisions in the economy, in business and among consumers. This study aims to conduct an econometric analysis of the performance of firms in the metals industry. The proposed objectives to achieve this goal are: O1: to carry out a literature review to identify research trends on the stated topic; O2: to generate an econometric model on the influence of financial indicators on financial performance in firms in the metal industry and O3: the effects of economic crises on companies in the ferrous metal industry. Listed ferrous metals companies face serious financial and operational challenges and have adopted a variety of strategies to cope with the effects of economic crises over the period under review.
Keywords: Performance; Economic Crisis; Microeconometric Model.
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