International Journal of Business and Applied Social Science

ISSN: 2469-6501 (Online)

DOI: 10.33642/ijbass
Journal Menu
Call for Papers: VOL: 10, ISSUE: 7, Publication July 31, 2024


VOLUME; 9, ISSUE; 8, August 2023

Table of Contents


Author(s): Raul-Constantin Bucurean
Full Text
568    569

Accounting information plays a crucial role in the decision-making process given that the primary users of this information are predominantly the company's managers. Based on the financial condition, operating results, and cash flows stated within the financial statements, managers from the automotive sector had to redesign their strategies because of the COVID-19 Pandemic followed by the worldwide semiconductor supply shortage. This study aims to analyze the decisions taken by managers from the cable manufacturing subsector in Romania, based on the information provided by the financial statements in 2018-2021, considering the crisis that the automotive sector had to face since the global vehicle sales and production rates continued to be significantly below historic levels. The results show the negative effects and disruptions caused by the dual crisis in terms of profitability and performance that will probably affect the industry beyond 2022.
Creative Commons This Journal is licensed under a Creative Commons Attribution 4.0 International License.