The paper proposes a critical analysis, based on consistency criteria, regarding the controversed current state of the informational efficiency theory of the capital market (Efficient Market Hypothesis). Nowadays, after several decades of research and thousands of studies, economists have not...

The emergence and development of new technologies, in which information and knowledge play a crucial role, the transition from industrial economy to modern society and then to postmodern society have led to compression of time and space and to the intensification of economic, social and politic...

Working the electric energy system involves many risks that are assumed by the electric energy companies, investors, supplier and customers, as a consequence of interdependence between micro and macroeconomics issues. Main risks that can make an impact on electric energy refer to the following...

Within capitals establishing, the enterprises have at their disposal a diversity of offers, but for each of them, they have to pay a certain price, named capital’s cost. The resource for this price’s payment is going to be “produced” into economic processes, where the enterprise’s...

Traditional theories of intermediation are based on transaction costs and asymmetric information. In recent decades although transaction costs and asymmetric information have declined, intermediation has increased. New markets for financial futures and options are mainly markets for...

Active ageing policies, together with health-related technological advances and improving living conditions have led to increased life expectancy for the EU’s elderly population. Furthermore, there is a great deal of variation in the way that healthcare services are provided and funded across...

The present article focuses on the role and the importance of the Human Resource Management as a whole in a public organization and also some pieces of advice for the improvement of its performance in the Romanian Public Administration.

State budget expenditures, provided by the annual laws of the state budget, are part of the public expenditures. Figures recorded in the past years show that Romania’s public expenditures have been constantly increasing, and their ascending trend was accompanied by a similar evolution of the...

In this paper we try to draw a possible trajectory of the public utilities supply, taking in consideration actual economic recession correlate with the evolution of public indebtedness which is intended to finance public expenditures. We assume that in order to provide competitive and high...