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Statistical Analysis of Performance in SMEs


Affiliations
1 Decembrie 1918’ University of Alba Iulia, 5 Gabriel Bethlen Street, Alba Iulia, Romania
2 Juridical and Administrative Sciences, Petra Maior University, 69 Livezeni Street, Targu-Mures, Romania
3 University of Oradea, 1 Universitatii Street, Oradea, Romania
4 Babes-Bolyai University, 58-60 Teodor Mihali Street, Cluj-Napoca, Romania
5 Babes-Bolyai University, Cluj-Napoca, Romania
 

Market economy is mainly characterized by private property. For entrepreneurs, private property allows action according to market realities, opportunities and strategies aimed to succeed. There is no doubt that all small and medium enterprise (SME) achievements are closely linked to profitability, as SMEs constitute a development engine that fuel country GDP. We examine the profitability implications of providing finance to 1233 Romanian SMEs during 2004-2008 based on financial structure ratios. In addition, we analyse the correlation between various return rates. We establish a correlation between performance and equilibrium of Romanian SMEs in five economic sectors: pharmaceutical, furniture manufacturers, leather garment, software and textiles.

Keywords

Assets, Equity, Sales, Investment.
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  • Statistical Analysis of Performance in SMEs

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Authors

Gaban Lucian
Decembrie 1918’ University of Alba Iulia, 5 Gabriel Bethlen Street, Alba Iulia, Romania
Masca Ema
Juridical and Administrative Sciences, Petra Maior University, 69 Livezeni Street, Targu-Mures, Romania
Morar Dan loan
University of Oradea, 1 Universitatii Street, Oradea, Romania
Fatacean Gheorghe
Babes-Bolyai University, 58-60 Teodor Mihali Street, Cluj-Napoca, Romania
Moscviciov Andrei
Babes-Bolyai University, Cluj-Napoca, Romania

Abstract


Market economy is mainly characterized by private property. For entrepreneurs, private property allows action according to market realities, opportunities and strategies aimed to succeed. There is no doubt that all small and medium enterprise (SME) achievements are closely linked to profitability, as SMEs constitute a development engine that fuel country GDP. We examine the profitability implications of providing finance to 1233 Romanian SMEs during 2004-2008 based on financial structure ratios. In addition, we analyse the correlation between various return rates. We establish a correlation between performance and equilibrium of Romanian SMEs in five economic sectors: pharmaceutical, furniture manufacturers, leather garment, software and textiles.

Keywords


Assets, Equity, Sales, Investment.

References





DOI: https://doi.org/10.18520/cs%2Fv115%2Fi8%2F1543-1549