This study examines the relationship between international capital flows and natural resources, with a focus on natural resources’ detrimental effect on institutions. In a cross-country OLS regression, natural resources appear to have a negative relationship with capital inflows when...

Degree of coverage of risks represents the key to success and survival on a dynamic and innovative financial market. For this reason, is important for bank management, maintaining balanced structure of assets which are weighted to the risk, as well as ensure a proper connection between equity...

In general, financial risks – from operational risk to bankruptcy risk, are important distress for companies from every sector or industry. In this paper we try to measure the financial risk for the most important eight companies that activate in automotive industry. We propose a model in...

The purpose of this study is to assess the institutional determinants of financial stress. In particular, we focus on the link between institutional quality and financial instability as measured by the financial stress index. The sample under-study covers the period 1996-2011 for a panel of 21...

This paper proposes a growth model of heterogeneous households with economic structure, endogenous labor supply, and sector-specific externalities. Following the economic structure of Uzawa’s two sector model, we consider the economic system with one capital goods sector and one consumer goods...

Fiscality is an essential element to corporate performance, which is why the costs generated by the Romanian tax system are a highly important topic. In the context of more and more frequent legislative changes, and due to the lack of consistency when applying various regulations, the aim of the...

A leader must have the soul of leadership to manage diversity of member in the organizations. Such pattern of leadership capable of uniting and motivating individual differences and unite groups will be able to drive organizational success. The leader works for unity maximum performance and...

With the changing lifestyles, incomes and Shopping Habits, there is a lot of scope for organized retailing which is growing day by day. Shopping Malls are really helping these Retail giants by providing them the infrastructure required by them to grow fast. The present study is based on the...

Many researchers have revealed that the accounting research has evolved overtime from normative to positive research. Today, the main methodologies used by accounting researchers around the world are empirical or analytical but other methodologies are not excluded. The main purpose of our paper...

Promotional activities in the field of taxation have as main objective to influence the fiscal behavior of taxpayers. Fiscal policy promotion involves a set of actions to boost a free consent of taxpayers to pay tax liabilities. Tax institutions are interested in creating a favorable attitude of...