Volume : 4, Issue : 1, January - 2015
THE IMPACT OF FINANCIAL SUSTAINABILITY FOR COMPANIES IN RESTRUCTURING PROCEDURES ON THE ECONOMIC GROWTH
Cristina Saveanu
Abstract :
<p>Financial sustainability of firms in restructuring procedures actually means supporting their economic recovery. This< /> economic recovery is achieved through specific financial and banking market actions which means developing various< /> lending products adapted to this context. The lending activity for restructuring situations really means establishing links< /> between financial markets and the real economy.Even if the banking system is considered stable enough, the Romanian economy is marked by< /> instability. There is a financial dependence bank credit thus, the credit channel becomes a transmission mechanism of financial instability from< /> outside. This paper tries to examine the impact of lending to companies in restructuring procedures on the economic growth and the importance< /> of adapting the credit products to the enterprise need</p>
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Download PDF Journal DOI : 10.15373/2249555XCite This Article:
Cristina Saveanu THE IMPACT OF FINANCIAL SUSTAINABILITY FOR COMPANIES IN RESTRUCTURING PROCEDURES ON THE ECONOMIC GROWTH Global Journal For Research Analysis, Vol: 4, Issue: 1 January 2015