Banking role in ensuring a proper functioning of the financial and monetary mechanism by facilitating performance of the cash flows in correspondence with the flows generated by the companies was the reason that bank (creditor) – company (debtor) relation was on a permanently attention of...

Troubled Asset Relief Program (TARP) is already known as the greatest governmental measure in the world. This is a program of the United States government to purchase assets and equity from financial institutions to strengthen its financial sector. It is the largest component of the government's...

In the last decades, financial innovation has been in the fore front of all the major changes which have affected the financial system, both at national and international level. Thus, the research of this subject has become a major field of research, its importance growing since the start of the...

A milestone for any private company is the issuance of publicly traded stocks. While the motivations and mechanism of the initial public offer are straightforward, the dynamics of the IPO activity is quite complex. Both the number of initial public offerings and the total capital raised in these...

On January 20, 2009, the European Forum held in Paris under the auspices of the OECD business ethics. Speaking at the forum were discussed substantive issues of ethics in business under current economic and financial affairs. The economic and social costs of international crisis representing, as...

In this paper we intend to briefly analyze the evolution of public debt in developed countries, on the background of the global economic and financial crisis, also highlighting the specific factors leading to its accumulation and the solutions possible to apply in order to reduce its level. We...

In recent decades is a significant change as a result of increasing importance of intangible elements. Technology development, particularly in technology transfer and communications, reduce cycle time and technological competition from the more pronounced are some elements that attract the...

Financial stability is a primary objective of international decision-making process. The analysis and evaluation of the Romanian banking system is paramount, because this is the core of the financial market, which is in the process of European integration and shocks' propagation cross-border...

The new global order stands to be trapped in a spiral of change, which became increasingly complex and fast. The aim of this paper is to picture the transformation of the European banking model dictated by the experience of the last financial crisis. We note the contribution of innovation,...

In this paper we begin the investigation of filters and congruences. We define the filters of a pseudo BL-algebra A and we denote by F(A) ()(AFn) lattice of all filters (normal filters) of A; we put in evidence some results about these lattices. By using the two distance functions we define two...