A STUDY ON DETERMING THE FINANCIAL POSITION BASED ON
FINANCIAL DIAGNOSIS IN COMPANIES LISTED ON THE BUCHAREST
                     STOCK EXCHANGE


               Teodor Hada, “1 Decembrie 1918” University, Alba Iulia, România
           Teodora Maria Avram, “1 Decembrie 1918” University, Alba Iulia, România


Abstract: This study presents aspects related to determining a company’s financial position by means
of financial diagnosis, in the case of 64 companies listed on the Bucharest Stock Exchange. The aim
of this study is to show, in a wide structure, how to determine a company’s financial position. The
study is divided into four paragraphs and their related subparagraphs. In the first paragraph the
objective, the research methodology and the novelty brought by this study are revealed. In the second
paragraph various viewpoints of financial diagnosis construct are shown, followed by a third
paragraph where the variables needed to determine financial position and the rating criteria are
established, and in the last paragraph the aggregate score is determined. The end of the study is
reserved to establishing conclusions and proposals.

Keywords: financial diagnosis, financial position, scoring method, aggregate score, Bucharest Stock
Exchange

JEL Codes: G12, G31, G32, M41