Bankruptcy risk forecasting for the metallurgical branch in Romania

• Main Authors: P. R. Răchişan, S. R. Berinde, C. Boţa-Avram, A. Groşanu
• Format: Article
• Language: English
• Published: Croatian Metallurgical Society 2014-07-01
• Series: Metalurgija
• Subjects: metallurgical branch; bankruptcy; audit services; corporate governance; regression model
• Online Access: http://hrcak.srce.hr/file/176698

All investment decisions require a thorough analysis of the retrospective evolution of the entities from the concerned area, in order to estimate the long-term evolution perspectives. In this context, the present study analyzes the evolution of the entities from the Romanian metallurgical sector based on the accounting and financial information published for the period 2008 - 2012 and, in fact, it justifies the situation from the perspective of users (managers, investors, auditors) and of the economic environment specific to Romania. Starting from this premise we created a regression model particularly useful in forecasting the evolution of the ability to deal with debt for the entities from the Romanian metallurgical sector.