Internal causes of economic difficulties for the companies
The Journal of Accounting and Management
View Archive InfoField | Value | |
Title |
Internal causes of economic difficulties for the companies
|
|
Creator |
LUPU, Dan; Alexandru Ioan Cuza University of Iasi, Romania
|
|
Subject |
business failure; decision rules; liquidation
|
|
Description |
The difficulties for businesses have not, necessarily, a financial component, though, regardless of origin, in the end, they become a financial expression. Most often, poor performance is partly as a source of financial problems itself, it is the consequence of economic imbalances, technical, commercial and human at the company level or a tightening economic, legal, social or competitive environment in which it evolves. Each of these factors has a different importance on the normal activity of the enterprise, which may not continue in the future unless they act meaning fully to remove difficulties. With the first signs of the worsening situation of the enterprise, there is a risk of not being able to be redressed, developing a cumulative process of damage by propagating and amplifying the difficulties, which lead to its disappearance.
|
|
Publisher |
The Journal of Accounting and Management
|
|
Contributor |
—
|
|
Date |
2015-05-24
|
|
Type |
Peer-reviewed Article
|
|
Format |
application/pdf
text/html |
|
Identifier |
http://journals.univ-danubius.ro/index.php/jam/article/view/2858
|
|
Source |
The Journal of Accounting and Management; Vol 5, No 1 (2015): JAM
|
|
Language |
en
|
|
Rights |
The author fully assumes the content originality and the holograph signature makes him responsible in case of trial.
|
|