We introduce the selection of financial portfolios in a nonstationary Gaussian framework that assumes the price process to be modelled by a multifractional Brownian motion (mBm). This process captures the time-changing regularity of the sample paths as a result of the impact of the new...

The main causes of economic crisis are unfavorable evolution of the macro-economic behavior and poor uncautious corporate governance of banks and authorities in decisions involving the granting of loans by banks and mixing factor in a political activity which must be held in essentially on...

Our country, as a recent member of The European Union must improve tax collection, simplify tax low and improve the activity of fiscal administration.

Entrepreneurship and new technologies are the moving forces for growth and change the economies. Experience of the European countries has shown that countries that support their entrepreneurs have grown and prospered over the last 15 years, while nations that have placed barriers to the growth...

Economic crisis is the result of complex factors, which mainly include: errors of monetary policy, prudent policies to push the losses to banks contributors, legislative measures that affect the stability of the banking system by the accumulation of bad assets. To ensure a better functioning...

By the end of twentieth century, the classic patterns of capital development i.e. the banking and the capital stock and extra stock exchange markets models (the cases of Western Europe and Japan as well as the case of North America) could be identified easily. At the end of twentieth century and...

The dialogue among stakeholders, audit committees and the regulatory authorities on the role and performance of internal audit has never been more robust, or more candid. The quality should be considered from three points of view: effectiveness in meeting the needs of stakeholders, efficiency...

The ame of this paper is to instruct in the subject of fiscal-budget circuit and his main components. Presentation of financial public relations manifested through budgetary and fiscal flows in terms of circuit, reveals the recognition of their complexity, their dynamic ability, their...

The process of growing integration of contemporary economic relations, manifested in the last decades of the twentieth century and the beginning of the new millennium, was the premise of the expansion of transnational corporation and by this means, of the increased investment flows, technology...

Driver education is a social determinant of human development, of spiritual evolution, directly influencing all social fields, particularly economy, and in this respect, targeting resources, especially financial, to support a quality education, values and competence is a goal, a requirement and...