MODELLING THE FINANCIAL PERFORMANCE OF THE INDUSTRIAL ENTERPRISES – CASE OF LIGHT, WINE AND MACHINERY INDUSTRIES

Abstract

The financial performance reflects the success in realization of financial objectives or in value creation. The evaluation of financial performance represents a stringent necessity for enterprise’s development, thus the estimated level of financial performance allows establishing the directions of enterprise activity improvement. The researchers use different methods of financial performance evaluation depending on their research objects. This paper aims to adapt the econometric model of financial performance evaluation for industrial enterprises.

Keywords

• financial performance
• evaluation
• industrial enterprises
• logistic regression.