In the current climate, more and more companies are faced with multiple failures, which are the basic problem that crisis management must resolve. In situations of economic decline, the need for change at the organizational level is imperative to facilitate the recovery of a company. This study...

The purpose of this article is to present the evolution of the phenomenon of insolvency in post communist Romania. An important feature of a market economy it is the active selection mechanism by which solid and efficient firms supersede the least effective and the goods and new activities to...

The manifestation of financial crisis leads to the appearance or the increase of the risk of bankruptcy. Therefore, the analysis of bankruptcy risk interests a number of users (customers, organizations, financial institutions) and itself the company, in preventing the financial difficulties...

The article aims to provide an analysis of Romanian bank performance in the context of corporate governance. In order to complete the research the authors used financial indicators such as ROA, ROE and others for 2003-2009 period and each financial institute’s status regarding good governance...

Traditionally, the public administration has been too little concerned with strategic aspects of its work; the treat of citizens as subjects of management assigned to a larger vision to perceive the role of public service as a mechanical application of the orders of the politicians which were...

Traditionally, the public administration has been too little concerned with strategic aspects of its work; the treat of citizens as subjects of management assigned to a larger vision to perceive the role of public service as a mechanical application of the orders of the politicians which were...

The study consists in gathering the financial information for a group of listed companies, in difficulty and economically viable, in 2007-2008, in order to create the warning signals for financial companies in difficulty using econometric linkages between indicators. For each company, we...

The EU economy is experiencing a severe recession amid the global crisis, and although in other regions began to appear mild signs of recovery, in EU countries are recorded a continuously worsening. In many European states, the economic contraction is a consequence of the decrease in net exports...

The public sector salaries in general, but especially in the civil administration has been and will be a topical issue, highly controversial, and with a permanent presence in the media. This article presents the developments that took place in wages of Eastern European public servants as a...