Financial performance management and economic cycle variations. Evidence for textile industry
10.15660/AUOFMTE.2021-1.3575
M B Tudose, S Avasilcai
brindusatudose@gmail.com
Volume XXX, 2021/1
The study analyses the dynamics of the financial performance of the companies in the textile industry in Romania and aims to identify its main determinants, corresponding to the different stages of the economic cycles. The selected sample was mixed; therefore, the econometric analysis (based on panel data) was performed on accounting data collected from secondary sources (for 2000-2019). Because some of the companies in the sample showed negative financial results, the financial performance was assessed based on sales’ volume.
ISSN 1583-0691, CNCSIS "Clasa B+"