文章基本信息

标题：Sectoral Study of the Correlation Risk – Return for Romanian Companies
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作者：Horia – Dumitru CRISTEA ; Cecilia – Nicoleta Aniș
期刊名称：Risk in Contemporary Economy
电子版ISSN：2067-0532
出版年度：2012
语种：English
出版社：Dunarea de Jos University of Galati
摘要：To illustrate the connection between the rates that reflect the companies’ financial performance,namely the return on assets and the return on equity and a measure of the companies’ risk,measured by volatility in outcome indicators,we considered 63 companies listed in category I and II on the Bucharest Stock Exchange,that are sectoral grouped. Following the econometric modelling using the GMM – System,it can be concluded that in terms of light industry,the efficiency of investments and the adoption of certain financial positions appear to be the key factors in the dynamics of the sectoral risk. For heavy industry,the global risk dynamics can be associated with the total assets performance of the companies in the sector.
关键词：risk;return on assets;return on equity;GMM system;net profit;sectors.