Annales Universitatis Apulensis Series Oeconomica, 16(1), 2014, 104-117 104 A STUDY ON DETERMING THE FINANCIAL POSITION BASED ON FINANCIAL DIAGNOSIS IN COMPANIES LISTED ON THE BUCHAREST STOCK EXCHANGE Teodor Hada 1 Teodora Maria Avram 2 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 Introduction Built on the words of the great French philosopher Claude Adrien Helvetius, “The one who knows the cause is the master of effects”, this work aims to an analysis of the financial diagnosis for 64 companies listed on the Bucharest Stock Exchange. The objective of this research is to determine their financial position by applying the "Cematt" metod, based on a case study in the analyzed companies. The methodology for developing this work involved selecting the topic, documentation, data collection, observation, comparison and financial analysis. The topic selected A Study on Determining the Financial Position based on Financial Diagnosis in Companies Listed on the Bucharest Stock Exchange is based on the idea that knowing the financial diagnosis of a company implies to previously determine its financial position. The reference cited in this study is bibliographic, since there appear different viewpoints of Romanian and foreign authors on the present research, as well as a practical study on the companies listed on the Bucharest Stock Exchange. Another stage in this study consisted in collecting data published in books and works of authors, from studies and articles published in professional journals for the theoretical section, and from the company’s financial statements for the practice. After having gathered all the required data, we passed to observation, analysis and comparison of these data. The work cited at the end of the study made possible to present the level of documenting and broadening knowledge on companies' financial diagnosis, based on determining their financial position. 1 “1 Decembrie 1918” University, Alba Iulia, România, email: teohada@yahoo.com 2 “1 Decembrie 1918” University, Alba Iulia, România, email: avram_teodora@ymail.com