Cristina Iacoban


One of the main conditions for ensuring a satisfactory degree of security and prosperity for an enterprise is the development and implementation of a risk management program, instrument which is currently underestimated, but brings many benefits to the enterprises that apply it.

The important aspects faced within the scientific approach of this paper are the analysis and evaluation of the ways for determining the bankruptcy risk, starting from the symptoms of a company in difficulty, and by reviewing the models useful in the bankruptcy risk analysis; the last point of the paper is dedicated to diagnosing and analyzing the risks that lie on two companies operating in the same geographical area, that have the same object of activity – the cars maintenance and repair, and approximately the same opportunities and threats.

Through this paper, the authors propose an analysis of how to identify the risks that may affect the smooth running of an enterprise, highlighting the importance of applying the methods of identifying bankruptcy risks for a "long" and "healthy" business life.


bankruptcy risk, liquidity, solvency


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