文章基本信息

标题：Assessment of Financial Risk in Firm’s Profitability Analysis
本地全文：下载
作者：Daniela Cristina SOLOMON ; Mircea MUNTEAN
期刊名称：Economy Transdisciplinarity Cognition
印刷版ISSN：2067-5046
电子版ISSN：2068-7389
出版年度：2012
期号：2
页码：58-67
出版社：George Bacovia University from Bacau
摘要：In the context of globalization we are witnessing an unprecedented diversification of risk situations and uncertainty in the business world, the whole existence of an organization being related to risk. The notion of risk is inextricably linked to the return. Return includes ensuring remuneration of production factors and invested capital but also resources management in terms of efficiency and effectiveness. A full financial and economic diagnosis can not be done without regard to the return-risk ratio. Stock profitability analysis should not be dissociated from risk analysis to which the company is subdued. Risk analysis is useful in decision making concerning the use of economic-financial potential or investment decisions, in developing business plans, and also to inform partners about the enterprise's performance level. Risk takes many form:, operational risk, financial risk and total risk, risk of bankruptcy (other risk categories) each influencing the business activity on a greater or lesser extent. Financial risk analysis, realized with the use of specific indicators such as: financial leverage, financial breakeven and leverage ratio (CLF) accompanying call to debt, presents a major interest to optimize the financial structure and viability of any company operating under a genuine market economy
关键词：risk analysis financial risk; financial leverage; breakeven point.