Since we can safely say about Romania that it had to go through a long process of transformation until the European Union member state stage, we can also state that the Romanian public accounting system has suffered multiple changes in order to match the level of the European accounting system,...

Theoretical arguments and empirical evidence are advanced to bolster the claim that direct political participation via referenda and initiatives constitutes an advanced form of democracy with beneficial effects on Transition Countries. Direct democracy raises trust and honesty and improves...