Optimal financial structure, bankruptcy risk and the right to a new beginning

Starting from the need to optimize the financial structure of the enterprise, the article aims to review a few concepts related to financial structure and bankruptcy risk, the presentation of the bankruptcy risk analysis based on assets balance sheet, liquidity ratios and last, but not least, scoring method. It also presents some points of view regarding the current economic crisis and the evolution of national and international level approaches about bankruptcy and the risk of bankruptcy.financial structure, bankruptcy risk, liquidity ratios

Considerations on the financial structure of the company

The basic objective of the financial function of the company is the continuous increase of the company’s value, so that there can be achieved a maximization of its value in comparison with the assets structure they form. The financial structure of the company is one of the most important problems of the financial management. It represents the support of the company’s development strategy. Many specialists in financial management have tried to define the concept differently, but the essence is the same; the financial structure represents the proportions in which a company resorts to the activity financing through equity capitals or loaned capitals

Considerations on the financial structure of the company

The basic objective of the financial function of the company is the continuous increase of the company’s value, so that there can be achieved a maximization of its value in comparison with the assets structure they form. The financial structure of the company is one of the most important problems of the financial management. It represents the support of the company’s development strategy. Many specialists in financial management have tried to define the concept differently, but the essence is the same; the financial structure represents the proportions in which a company resorts to the activity financing through equity capitals or loaned capitals

National and international exigencies on increasing the quality of accounting information generated by evaluation by comparison

The approach by comparison establishes the limits of the shares market value by analyzing the prices, normally paid for shares to the competing entities to the one evaluated. In order to select the comparison base, the motivations of the parties involved in the transaction must be identified. Selling prices which reflect a different motivation than the typical motivation of the participants on the market shall be eliminated. These prices will be analyzed by using some proper comparison units, being adjusted depending on the differences between the compared entities and the evaluated entity. The application of these approaches requires some sufficient market information, as well as a degree of market stability, in order to ensure the relevance of the comparison bases used