An increase in social expectations in relation to subjects rendering financial services, dissemination of new technologies, more developing technical culture of society, an increase in importance on information technology in economy, business globalization, consolidation of banks and an increase...

Following the collapse of communism, the countries of Central and Eastern Europe, have been forging strategies to attract foreign capital as a way of achieving sustained economic growth (Martin and Velăzquez, 2000). Foreign direct investment by multinational corporations plays an important role...

The foreign direct investments can be considered as one of the main factors that have sustained the evolution of the centralized former communist East-European economies into open competitive market systems. The East-European countries were the destination of some significant capital inflow...

The beneficial impact of FDI was especially important for the transition economies in Central and Eastern Europe, in need for additional capital investment, as well as access to foreign technology and management techniques in order to modernise and improve their economies and narrow the...

The Hachemeister’s model is based on an econometric essence combined with one of numeral analysis, both applied on goods insurance. The specific feature of using this type of numeral analysis model given other types of model for premium establishment is the fact that takes in consideration...

The relevance of accounting information in making effective decisions cannot be reduced only to the retrodiction function. It should help users to evaluate past, present and future events. In this respect, there can be accepted the predictive function of accounting information in forecasting the...

As the present financial markets have broadened and deepened, increasing numbers of firms are utilizing innovative financial instruments to accomplish business objectives and enhance shareholder value. It is crucial for the financial managers to keep abreast of available financial instruments,...

There is risk in everything we do. A risk-free situation is one where we know exactly what will happen and there is no variation doubt, which is otherwise impossible. But not all risks have only a negative connotation, some of them can even create opportunities. A good risk management means to...

Value at risk (VaR) is a summary statistic that quantifies the exposure of an asset or portfolio to market risk. Value at risk is now viewed by many as indispensable ammunition in any serious corporate risk manager’s arsenal. VaR is often used as an approximation of the maximum reasonable loss...

The internationalization of financial flows and banking and the rapid development of markets have changed the financial sector, causing him to respond with force and imagination. Under these conditions, the concerns of financial and banking institutions, rating institutions are increasingly...