FINANCIAL ANALYSIS FOR TRANSACTION WITH FINANCIAL TOOLS AT OMV PETROM CITY ROMANIA

Through this paper the authors approach the sphere of financial instruments on the capital market. Their conceptual evolution is influenced by both the relationship between the accounting and financial approach and the degree of use for financial instruments by various economic entities in their ele...

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Bibliographic Details
Main Authors: ILIE RĂSCOLEAN, ILEANA-SORINA RAKOS
Format: Article
Language:English
Published: University of Petrosani 2017-12-01
Series:Annals of the University of Petrosani: Economics
Subjects:
Online Access:https://www.upet.ro/annals/economics/pdf/2017/p2/Rascolean_Rakos_1.pdf
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Summary:Through this paper the authors approach the sphere of financial instruments on the capital market. Their conceptual evolution is influenced by both the relationship between the accounting and financial approach and the degree of use for financial instruments by various economic entities in their elementary preoccupations: financing, investment and exploitation. The multitude of financial instruments that operate today in financial markets make primary and derivative financial instruments show us the degree of development of the financial transactions market. Given the inherent risks, such as the price risk of tradable commodities, foreign exchange risk, operational risk etc., which may arise due to the scope of activity and the degree of use of financial instruments on the financial market, a study of case by example of OMV PETROM City Romania. The article ends with the authors’ conclusions about the risks related to the use of financial instruments in the national and international financial market.
ISSN:1582-5949
2247-8620