This paper explores the latest trends in Romanian investment fund industry by examining the investors’ prudentially behavior before and after the crisis. We focus our study on a data set from the Romanian National Securities Commission (abr. CNVMR), with evidence on quarterly data on net sales...

Starting from the fact that both the external and internal public audit have as common purposes to improve the economic and financial activity of the public entities and also to contribute to the proper management of creating and using public funds, it is necessary that the two activities...

The indicators on financial stability provide a multitude of information related to the strength and stability of the financial system which are essential to the macroprudential analysis. The objective of this article is to analyze the main indicators developed by the IMF on financial stability...

Science has begun to play an increasing role in industrial development not only as a major source of knowledge for new technological activities or scientointensive industries (medicine industry, chemistry, electronics), but also as essential input in testing, evaluation and quality control....

The system of credit institutions provides for any national economy an instrument which ensures a good circulation of the money flow, as well as a fundamental means for the achievement of the balance between the supply and demand of monetary funds, both components of economic development. An...

This article presents the innovation activity in Romania through a comparative study conducted between 2002-2010. Moreover it treats also the implications of innovation on developing regions. These regions are in the view of the European Union underlying the development of the innovation...

The banking activity focuses on achieving optimal results; however, like any other human activity, it is also susceptible to a broad range of risks. Banking risk as a prospective and probable event whose onset is likely to inflict losses, can be induced by clients with whom the bank enters into...

An increasingly confirmed theory in recent decades claims that a product is purchased for what it represents for the customer, and not for what it is itself (subjective utility theory), the product is purchased for the service they provide, for the safety, for the comfort, for fashion, for what...