Financial Snapshot Regarding the Naval and Land Transport in Constanta County

This paper aims to examine some challenges related to the economic aspects of Naval and Land Transport companies in Constanta County. Specifically, it focuses on assessing the factors that determine the survival of naval and land transport companies. Based on the empirical analysis performed, we use...

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Bibliographic Details
Published in:"Ovidius" University Annals. Economic Sciences Series (Online) 2020-01, Vol.XX (2), p.957-963
Main Author: Marioara Mirea
Format: Article
Language:English
Subjects:
gross profit
multiple correlation coefficient
naval and land transport
turnover
Online Access:Get full text
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Summary:This paper aims to examine some challenges related to the economic aspects of Naval and Land Transport companies in Constanta County. Specifically, it focuses on assessing the factors that determine the survival of naval and land transport companies. Based on the empirical analysis performed, we used as a parametric method, the correlation method. With the help of the multiple correlation coefficient, we measured the intensity of the link the analyzed variables. The paper shows that financial sustainability is related to the ability of companies to obtain considerable profits to facilitate the continuation of long-term business.
ISSN:2393-3127
2393-3127