Correlations between Indebtness Grade and the Value of Companies in Metallurgical Industry of Romania
نویسنده
چکیده
C. Oprean, Faculty of Economic Sciences, Lucian Blaga University of Sibiu, G. Dobrotă, Faculty of Economic Sciences and Business Administration, “Constantin Brâncuşi” University of Târgu-Jiu, Romania. The purpose of this paper is to identify the influence of degree of indebtedness, the level of equity capital and the net result on the value of metallurgical companies, represented by their market value. The paper presents a model developed based on data of 10 companies listed on the Bucharest Stock Exchange (BSE) in the period 2004-2013, which operates in the metallurgical industry in Romania.
منابع مشابه
Genetic and Phenotypic Parameters for Milk Production Traits in the First and Second Lactation in Romanian Simmental Dairy Cows
The aim of the present study was to estimate genetic and phenotypic parameters of milk production traits in the first and second lactations of Romanian Simmental dairy cattle. For the estimation of variance, heritability, genetic and phenotypic correlations among milk yield, fat yield, protein yield, and percentages of fat and protein, 3400 first and second lactation records over a period of fi...
متن کاملThe Economic and Social Dimensions of Romania’s Metallurgical Industry
V. A. Popescu, Gh. N. Popescu, The Bucharest University of Economic Studies, Bucharest C. R. Popescu, University of Economic Studies and University of Bucharest, Bucharest, Romania The purpose of this paper is to enhance the understanding of both the economic and social dimensions belonging to Romania’s metallurgical industry and how they contribute to generating business value. The approach of...
متن کاملUse of Equity Market Value for explaining Cash Flow Return on Investment (CFROI) and Created Shareholder Value (CSV) Evidence from Automotive Industry Tehran Stock Exchange
The concept of Value Creation is gaining momentum in Iran under the open regime. Iranian Companies are geared to understand and act upon the concept of Shareholder Value to stay competitive in this unfathomable and volatile environment. Most executives today understand that, the need to create shareholder value is paramount and the world’s most competitive management teams are responding to the...
متن کاملUPL determination of multi-element deposits with grade uncertainty using a new block economic value calculation approach
The block economic value (BEV) of a single-metal deposit is calculated based on the metal content and the related costs. The common methods available for calculating BEV are just based upon the profitable elements, and the effects of undesirable elements on BEV are not considered. However, in multi-element deposits, the effects of other elements existing in the blocks on BEV should be considere...
متن کاملImpact of Market Orientation and Innovation on Entrepreneurship and Value Creation for Customers in Food Industry’ SMEs
The present research carried out to study the relationship of market orientation and innovation and their effect on entrepreneurship and value creation for customers. To do so, as the sample was unlimited, 241 active companies in agriculture and food industry were selected as the samples by random sampling method. Via standard questionnaire, we gathered data on managers and senior experts' opin...
متن کامل