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...

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...