27 THE FINANCING DECISION OF ROMANIAN LISTED COMPANIES – A DESCRIPTIVE APPROACH

STANICA Florina-Adriana, The Bucharest University of Economic Studies

Abstract:
This article aims to capture the financing methods chosen by the companies listed on the Bucharest Stock Exchange’s Main Market, during the 2014-2016 period, as well as the possible correlations between the capital financing structure and various financial indicators calculated for the companies in the analysed sample , through a descriptive approach. Finally, it was empirically highlighted that the most profitable companies listed on the BSE between 2014 and 2016 were ones with greater leverage and that larger companies were more indebted. In the same period, the Romanian listed companies pn the BSE’s Maine Market opted for structuring their financing sources towards equity issuing.

Keywords: financing decision, factors of influence, profitability, size

JEL Classification: G32

Volume: 70, Issue: 1

Pages: 27 - 36

Publication date: August, 2018

Download the article: http://economice.ulbsibiu.ro/revista.economica/archive/70102stanica.pdf

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