The recent financial crisis made the banking sector more vulnerable to shocks. The system was characterised by weaknesses: too much leverage in the banking; not enough high quality capital to absorb losses and excessive credit growth based on underwriting standards and under pricing of...

The main objective of a company's shareholders is to increase its market value. Of course, they also wish, on a second level, to obtain dividends as big as possible from the investment they made. Just that the exacerbation of their wish to obtain substantial gains, especially when the dividends...

Integration into EU comes with some improvals regarding the prospects for the emerging markets to obtain an economic level in according to that present in industrialized countries. Romania, the future newest member of the area included in the sintagm European Union, without ignoring its specific...

The paper analyses the paradox found on the stock exchanges where routine operations are regulated on a very detailed scale while important decisions regarding investments in financial asset are taken under uncertainty conditions. Thus, the paper emphasizes the debate of the source, the nature...

Usually the dividend policy is seen as a way to approach the distribution of profit on the two classical directions. But the dividend policy influences the market value of a company, and if those who decide over this problem do not have an ethical behaviour, but pursue to distribute a great part...