BANKRUPTCY RISK ANALYSIS IN ROMANIAN COMPANIES

Abstract

The dynamics of Romanian enterprises can be measured using several scoring methods, such as: Altman and Robertson model as well as Romanian models provided by BRD and BT. According to these methods the creditworthiness and bankruptcy risk level varies. This article presents a study made on three companies which were classified by using the methods mentioned above. Additional to the results, the paper present an economic perspective of the evaluation

Keywords

• bankruptcy
• financial analysis
• financial standing
• Altman model
• Robertson model
• financial indicators
• financial position