ENHANCING THE FINANCIAL PERFORMANCE OF INDUSTRIAL ENTERPRISES THROUGH SPEED ACCELERATION OF CAPITAL TURNOVER

Ana NEDELCU Academia de Studii Economice a Moldovei

Abstract

Financial performance represents the success of enterprise in its activity. The financial performance is multidimensional and a wide range of factors influences it. One of these factors is capital turnover. Empirical research demonstrates that isolating and systemic effects of capital turnover influence the financial performance of industrial enterprises. This paper aims to argue the role of accelerating the capital turnover speed for financial performance’s enhancement. Keywords: financial performance, capital turnover, speed acceleration.