On the basis of these exhaustive considerations we ascertain that the control is an attribute of the company’s management, a function of the management and, at the same time, it is an independent activity. As a management function, the control endorses the parameters maximisation that refers...

The paper deals with the issue of stock market informational inefficiency differentiating between the main signals which indicate inefficiency manifestation within these markets. We discuss two main sources of inefficiency, price momentum and the mean reverting process, insisting on the causes...

From all the pressures applied on the economic development by the global financial crisis, the most difficult to evaluate is the duration of this process, forecasted at the end of 2009. The economists debate on the concept of “targeting inflation”, considered by the participants that...

What is a speculator? A person who seeks profit. What is an investor? An entity who also seeks profits. What is the difference between them? The difference may be due to the motivation of the investment, namely how much risk is supported by the investor. Risk aversion is the most important...

Romania must focus on achieving net benefits from its participation to the European Union. One of the main drivers is the absorption of structural funds which is proven to bring strong positive effects at macroeconomic level. Starting from the HEROM model, the paper analyzes comparative...

The paper focuses on one of the current operational programmes in Romania, i.e. the Regional Operational Programme. The aim of the research is to build and run an econometric model which is able to analyze the absorption level for the above-mentioned programme. Following a brief presentation of...

The paper presents a new banking product having as main goal in offering some attractive income packages to construction workers and specialists. The purpose is to maintain this workforce into the country’s borders. Our national economy isn’t yet in a position to offer salaries like those...

In the European Union there are rules regarding the determination of the reliability margin and warranty funds. Thus authorized insurers on general insurances and/or life insurances by rightful institutions from EU member countries, have to permanently have an available reliability margin...

The extremely volatile economic environment, in which the world banking systems must operate that is determined by the unprecedented intensification of the globalization phenomenon, urgently imposed the reconsideration of the institutions’ business strategies. Besides the development of the...

Through this present paper there are presented a few aspects concerning one of the instruments of medium and long term debt which can be used by companies, and that is the bonds credit. So that, after a short presentation of the framework in which this debt method can be used, there are...