Recent trends on the international markets, particularly the significant fraud and bankruptcy cases that impacted the global as well as the European business environments have brought into attention the issue of having an efficient and transparent corporate governance. As a consequence, audit...

Applying mathematical models to assess the cost of capital is frequently used for investments in marketable assets in the stock market. Using these models to substantiate investments management decisions has to provide accurate estimations of future yields or otherwise, to eliminate the...

In the ages of almost instantaneous communication and worldwide travel, communication between individuals of the same culture or different cultures is a daily event. The ability to communicate and do business is essential, a necessity in daily life of many people. As a result, the ability to...

This paper proposes a early warning system for systemic crises built on data for a large number of systemic crisis, manifested before and after 2007. The conclusion of our analyzes is that the current crisis, in which the contagion effect had an important role, complicated the process of...

Purpose – This article seeks to present the particularities of assurance reporting, as they appear in AA1000AS Standard (2008) issued by AccountAbility. Sustainability assurance provides a comprehensive way of holding an organisation to account for its management, performance and reporting on...

Economic cyclicality is a reality, rise and fall of world financial markets is a phenomenon known by experts. Profits but also potential risks are taken into account by those who invest and investor behavior on the developed markets is being studied carefully for many years (Byrne K., Journal of...

Models for assessing the cost of capital play a central role in substantiating investments decision. These models are often used to evaluate investments in trading securities on the stock market. This paper aims to highlight how a classic model of evaluation, inter-temporal CAPM model, in other...

Data mining, also known as "discovery knowledge in large databases "is a modern and powerful information technology and communications tool that can be used to extract useful information but still unknown. This automates the process of discovery some relations and mixtures from the raw data and...

Globalisation is a complex process which has implications at multiple levels and around the world. The future world, regarded as a social network, has the potential to create added value for people, while the interconnections between businesses, strategies, countries and sustainability can be...

To tackle the financial and economic crisis, the EU and its Member States are trying to stimulate investment in infrastructure projects as an important mean to maintain economic activity during the crisis and support the return to economic growth. Public Private Partnership (PPP) is a proven...