The Romanian Companies that are listed on stock market have to report their individual financial statements under IFRS from 2012. The present research tries to reveal the influence of individual factor upon financial performance, measured through return on equity and cash flow to total assets...

The modifications related to the fiscal regulations in Romania that refer to the VAT encashment system are considered as a fiscal relief for companies. Our purpose is to analyze the way in which the VAT encashment system becomes efficient and companies can benefit from the advantages offered by...

Given the nowadays economic instability, we might consider that financial auditors could have been one of the important triggers for the economic crisis. Companies that, shortly after undergoing financial audits and publishing their financial statements, seemed to display a viable and true and...

In this paper we analyze Romanian banking performance for the period 2006-2011 by computing a Malmquist index based on Data Envelopment Analysis. By adopting the intermediation approach in defining categories of inputs and outputs our conclusions focus on how ownership structure and size...

Innovation is often considered to be a typical activity of the developed countries. If we put behind the leading excellence research institutions and the high educated specialists we can tell that innovation is, in the end, the attempt to create new or improved products or processes. The aim of...

We know that there is a close connection between the mergers and acquisitions and the legislation in every country. The M&A market is usually governed by commercial codes and other special laws in order to enhance business performances but maintaining proper competitive environments for...