Corporate management is often accused of short-term oriented behaviour related to R&D expenditures. This study analyses the influence of R&D volatility and R&D intensity on the market capitalization of pharmaceutical and medical research companies from Europe, considering the institutional...

Tourism is an extremely complex phenomenon marked by major factors like the terrorist attacks and the refugees' invasion (the recent waves of migrants). This paper tests by empirical analyses if in the European Union countries, the gross domestic product in tourism reacts to the situations of...

During the last decade, the business community ends especially the companies that activate in the fields responsible for the degradation of the environment, are seen as subjects whose main role is to ensure sustainable development. They must face growing pressures from the stakeholders, who wish...

During the last decade, the business community ends especially the companies that activate in the fields responsible for the degradation of the environment, are seen as subjects whose main role is to ensure sustainable development. They must face growing pressures from the stakeholders, who wish...

Romanian economy of the last 20 years has been marked by numerous privatization processes. The goodwill is an unidentifiable intangible asset, which raised the interest of many accounting researchers. In this paper, we aimed to analyze the annual financial statements of the foreign companies...

The purpose of this paper is to reveal the commercial credit policy adopted by Romanian companies and its influence on the level of liquidity, analyzed using absolute measure indicators – net cash – and relative measure indicators – the immediate liquidity ratio. 50 companies quoted in the...

During the last decade, the business community ends especially the companies that activate in the fields responsible for the degradation of the environment, are seen as subjects whose main role is to ensure sustainable development. A company is defined as sustainable if it is socially...

The internationalization of economy through business delocalization, crises, and turbulences of financial markets, the change of the consumers' profile caused by the emergence of the segment of consumers sensitive to ecological topics, the dematerialization of economy, are some of the phenomena...