Abstract
In the last years, the phenomena of instability and economic uncertainty haveoccurred more and more frequently in a society undergoing major changes. This aspect has beenparticularly prominent since 2008. With the advent of the economic and financial crisis,unexpected phenomena occurring within organizations have strengthened the idea of a moredetailed analysis of the financial position so as to be able to determine the actual financialstrategies needed by the companies within the analyzed industry. The aim of this article is tohighlight the importance of balance and financial autonomy in the economic entities belonging tothe pharmaceutical industry and listed on the Bucharest Stock Exchange. Our research is basedon an analysis in time of the indicators of balance and financial stability over a period of six years,from 2008 until 2013, in order to draw a correlation between these two types of indicators withthe help of Pearson‘s correlation coefficient.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
