A STUDY ON THE RETURN ON EQUITY FOR THE ROMANIAN INDUSTRIAL COMPANIES

In this paper, a study on a sample of 73 Romanian companies operating in industries was conducted. The survey covered the year 2008 and was based on data extracted from annual financial statements of the companies from the sample. Starting from a number of representative papers in the field, there were identified the influence factors of the return on equity and the quantifiable ones were hold, respectively the operating profit margin, the asset turnover and the financial leverage. These financial rates, together with the return on equity, have been determined for the entire population of enterprises from the sample. Subsequently was tested the statistical correlation between the level of influence factors and the return on equity. The results obtained partially confirmed the hypotheses set when starting the research, but have also denied some of them.return on equity, net profit, equity, operating profit margin, asset turnover,financial leverage