Record Details

FINANCING POLICY OF FIRMS IN THE CONTEXT OF CRISIS-INDUCED VULNERABILITIES

Studies and Scientific Researchs. Economics Edition

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Field Value
 
Title FINANCING POLICY OF FIRMS IN THE CONTEXT OF CRISIS-INDUCED VULNERABILITIES
 
Creator Tudose, Mihaela Brindusa
Rusu, Valentina Diana
 
Subject financial crisis; financial fragility; financing policies; liquidity; solvency; vulnerability
G32; G01
 
Description Our study analyses the changes in the financial structure of the firms in the context of the vulnerabilities induced by the financial crisis. The study show that there have been registered a reconfiguration of firms’ financial structure which has triggered an increase in their financial fragility and vulnerability to crises. The results obtained confirm that the effects of financing differ depending on the economic conditions in particular period (normal periods and crisis periods). In tranquil times solvency is more important for the firms than liquidity. After crisis, the firms became more cautious regarding liquidity, solvency and the prospect of securing long-term financial balance. These firms have abandoned the objective of maximizing the positive effects of debt financing adopting a more prudent financing.
 
Publisher Vasile Alecsandri University of Bacau
 
Contributor —
 
Date 2017-07-27
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
—
 
Format application/pdf
 
Identifier http://sceco.ub.ro/index.php/SCECO/article/view/381
 
Source STUDIES AND SCIENTIFIC RESEARCHES. ECONOMICS EDITION; No 25 (2017)
STUDII SI CERCETARI STIINTIFICE. SERIA STIINTE ECONOMICE; No 25 (2017)
2344-1321
2066-561X
 
Language eng
 
Relation http://sceco.ub.ro/index.php/SCECO/article/view/381/354
http://sceco.ub.ro/index.php/SCECO/article/downloadSuppFile/381/24
http://sceco.ub.ro/index.php/SCECO/article/downloadSuppFile/381/25
 
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