The purpose of this paper is to analyze the usefulness of financial statements for small and medium sized companies prepared under IFRS, in comparison with the financial statements under Romanian Accounting Standards. The main research question is whether the financial statements under IFRS...

The financial statements of a company are analysed trough a series of indicators. However, the calculation and interpretation of simple indicators have disadvantages such as un-exhaustive characterisation of a single activity inside the company. DuPont Identity determines the return on equity...

This paper aims to illustrate in the context of the challenges of the Europeanization process what kind of co-operation models there exist between nature-based tourism companies and the critical stakeholder groups effecting the business activities and social sustainability of the companies. The...

Foreign direct investments (FDI) are the engine of the economic development in the developing countries, but also in the high developed ones. FDI played an important role in the Central and East -European countries integration in the world economy; these former communist countries had non...

The integration of the Central and East European countries into the European Union creates a radically and qualitatively new geopolitical situation on the European continent that, in i ts turn, requires some thorough going and structural changes from the EU part as to development of...

The present paper aims to achieve a comparative analysis of the North–East development region of Romania with the other regions from the perspective of some economic and tourist relevant indicators. The analysis is preceded by a short presentation of the regional development frame in which it...

The existence of some notable development differences in EU at interstate and interregional level imposed the elaboration of a regional development policy aimed at reducing such disparities. The financial assistance provided by the EU is to help the underdeveloped regions. In this article we...

This article presents the evolution of the global tourism, highlighting the shares of the five major regions of the world: Africa, Middle East, America, Asia-Pacific and Europe. Over the last decades there has been registered a significant increase in tourism worldwide, but the rates of growth...