The importance of the products and services prices can be found in the reference price, that customer must compare it with the price of the last made acquisition. The price of the banking product, that includes the effective annual intrestrate (EAI), is a guide price including all the cost...

Civilizatia financiara a ultimelor doua decenii ne-a pus in fata unei avalanse crescande de servicii financiar-bancare, servicii care au cunoscut pe plan international o crestere si o diversificare permanenta, piata acestora fiind din ce in ce mai dificil de cunoscut, anticipat si controlat. In...

Nowadays, the unprecedented development of the information and communication technologies generates profound and irreversible changes of the entire society. Because of its specific characteristic features, the banking services’ field is one of the most dynamic sectors in the economy....

The impact of introducing a tax on tobacco consumption can be studied trough an adverse selection model. The objective of the model presented in the following is to characterize the optimal contractual relationship between the governmental authorities and the two type employees: smokers and...

Uncertainty is given because we don’t know the nature state event. The company can only estimate the demand of policies in order to estimate the received premiums. If the insurance company doesn’t choose correctly the alternative and the number and the damages will be greater then...

This paper examines the effect of foreign acquisitions on the capital structure of corporations. A multivariate analysis using debt flow data examines the relation between additional financing through long-term debt after foreign acquisitions and the characteristics of these acquisitions, the...