%0 Journal Article
%T Sectoral Study of the Correlation Risk ¨C Return for Romanian Companies
%A Horia ¨C Dumitru CRISTEA
%A Cecilia ¨C Nicoleta ANIS
%J Risk in Contemporary Economy
%D 2012
%I Dunarea de Jos University of Galati
%X To illustrate the connection between the rates that reflect the companiesĄŻ financial performance, namely the return on assets and the return on equity and a measure of the companiesĄŻ risk, measured by volatility in outcome indicators, we considered 63 companies listed in category I and II on the Bucharest Stock Exchange, that are sectoral grouped. Following the econometric modelling using the GMM ¨C System, it can be concluded that in terms of light industry, the efficiency of investments and the adoption of certain financial positions appear to be the key factors in the dynamics of the sectoral risk. For heavy industry, the global risk dynamics can be associated with the total assets performance of the companies in the sector.
%K risk
%K return on assets
%K return on equity
%K GMM system
%K net profit
%K sectors
%U http://www.rce.feaa.ugal.ro/sites/default/files/CristeaAnis.pdf