The scope of this article is to underline the overall economic impact of Single Euro Payments Area adoption upon the major players in the payments industry. Our study is structured on chapters that present the implications of SEPA on the banking industry, the project’s consequences in respect...

Întreprinderile publice au reprezentat pe parcursul timpului o modalitate aflată la dispoziția statului pentru a contribui la dezvoltarea economică și socială a țărilor. Deși rolul acestora s-a restâns semnificativ în întreaga lumea începând cu sfârșitul anilor 1980, nu poate fi...

In spite of the fact that many successful foreign companies pay special attention to reporting preparation with the view of value reporting creating, only some home companies are willing to adopt this experience.

In this study authors argues that diversification plays an important role not only in personal financial investment, but also in corporate strategy.

Romanian Abstract: Incertitudinea generalizată reprezintă un fenomen cu care managerii de astăzi se confruntă, ca parte a experienţei lor profesionale, iar existenţa sa face dificil de anticipat modul în care mediul de afaceri va evolua sau care vor fi consecinţele deciziilor pe care un...

Abstract: Nowadays, the countries still face new challenges in sustaining their own financial systems, designing a credible regulatory framework, a better cooperation line and a solid cross-border crisis management. The aim of this paper is to underline the main sources of financial instability...

Abstract: The recent global financial crisis has exposed weaknesses in economic policy and financial structure on a national and international level. The aim of this paper is to underline how the present financial crisis affects the financial stability. The study is structured on chapters that...

This paper studies the particularities of portfolio selection on the Romanian stock market using the risk-return maximization criteria introduced by Harry Markowitz (1952). We used daily prices for the 36 most liquid companies traded on Bucharest Stock Exchange during January 2010 – March 2012...

This paper approaches the risk management as a decision making process in which the best solution to an exposure is found and implemented. Such a process includes five stages: identifying the risk, assessment of exposure, analysis of the alternatives to deal with the exposure, adopting the...

In the framework of the risk management process, after a risk was identified, the exposure was analyzed and the solutions were generated, a decision about the best way to treat the exposure has to be adopted. In this paper we approach some techniques to optimize such a decision. We approach also...