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>