Prof. Constantin Anghelache PhD.
Bucharest University of Economic Studies, “ARTIFEX” University of Bucharest
Prof. Alexandru Manole PhD.
Assoc. prof. Madalina Anghel PhD.
Lecturer Mugurel Popovici PhD.
“ARTIFEX” University of Bucharest
Marius Popovici PhD. Student
Bucharest University of Economic Studies
Abstract
From the theoretical and many time practical point of view, an economic agent always faces the risk of bankruptcy. This may have negative consequences, with complex implications on the entire activity of the economic agent, as well as on other entities which are in contact with that economic agent. The bankruptcy risk may be defined as the impossibility of companies of facing a financial-banking transaction, respectively its incapacity of reimbursing in time the borrowed sums of money in the commonly agreed conditions with the third parties, based on o credit contract. It may be the result of some difficulties which couldn’t be identified initially at the moment of analysis and at the moment of evaluation and credit approval but appeared once the contract was implemented.
Keywords: bankruptcy, agent, diagnosis, evaluation, solvency
