Romanian banks use derivatives to hedge against or speculate on the movement of economic variables such as foreign exchange rate or interest rate. To report these contracts, they apply the IFRS in both consolidated accounts (from 2007 onwards) and individual accounts (starting with 2012). This...

In the context that the world's population is constantly growing, and scarcity of natural resources is becoming a serious problem in recent years, the food industry is based increasingly on a more healthy life by providing products, both quantitatively and especially qualitatively. Due to...

In the context that consumption of white meat is increasingly recommended for a healthy diet, the study aims to highlight the main features of the performance in the manufacturing, processing and preserving sector of white meat in Romania. In this direction, the scientific approach was based...

The term ecological agriculture has been attributed by the European Union of Romania to define this system of agriculture and is similar with terms organic agriculture or biological agriculture, which are used in other member states. One of the main goals of ecological agriculture is the...

Monte Carlo simulation is used with predilection when multidimensional problems are discussed (eg, the outcome depends on more variables or risk factors). The method was invented by American scientists in 1940 when it was used to simulate the trajectory of a neutron in uranium or plutonium....

The origins of the Economic Value Added comes from Hamilton (1877) and Marshall (1890), which showed that companies can create wealth if you manage to earn more than their own capital costs and liabilities. Economic Value Added is an indicator for measuring performance based on real economic...

The aim of this paper is to study the value relevance of IFRS-based accounting information regarding financial instruments provided by non-financial Romanian groups quoted on Bucharest Stock Exchange for the period 2011-2013. Data from both consolidated and parent-only accounts are tested using...

This research is a hypothetical-deductive study whose purpose is to analyse if, in the case of non-financial companies quoted on the regulated market of the Bucharest Stock Exchange, the reporting of the information on Comprehensive Income is relevant for the investors. The present paper also...

Because of the financial and economic crisis that has affected Romania since October 2008, many people do no longer qualify for the bank loans they need to finance their investments or daily expenses. The alternative could be getting the money by pledging a personal good (especially jewelries)...