The paper addresses the issue of asset allocation policies of Romanian pension funds and the potential impact they may have in the development of local capital markets, through active involvement in terms of investing funds, capital market expertise and improvements in corporate governance...

Is it interesting a 2 billion euro insurance market for the “old†Europe? “Not very much†one may say considering this figure represents no more than 16% of the insurance turn-over in the case of the most recent entry in the Romanian market, Groupama. The answer is still not...

Managers are becoming more aware of the value that investment in human resources, as opposed to expenses in intangible assets can produce at the company level and that human resource activities can focus on key business concerns, and in turn drive greater growth and eventually higher market...

This unique and fascinating book illustrates that the ‘credit crunch’ and the ensuing financial and economic crisis of 2007–2009 did not only strike hard at the economy in the Western world, but also at its policymakers, at economics as a scientific discipline and, more...

Our research objectives are twofold: (1) we use the Du Pont model and market ratios such as PER (price-earnings-ratio) and EPS (earnings-per-share) to explain the causes of financial perfor- mances of Romanian companies listed on the Bucharest Stock Exchange for 2002-2009 and to identify the...

Our paper addresses the relationship between exchange rates changes and interest rate differentials in the UIP framework, by taking into account capital market and foreign exchange market volatility. We use eight currencies, of which five are Central and Eastern European and three are developed...

The paper investigates the dynamic links between stock prices and exchange rates in Romania, considering the changes in the exchange rate regime occurred after 1997. The research employs advanced econometric methods - cointegration and innovation accounting techniques, in order to capture the...

The introduction and use of in-vehicle eCall for deployment of emergency assistance will save lives and reduce social burden by improving the notification of road accidents and speeding up emergency service response.This articles describes the specifies of an emergency message (minimum set of...

The objective of this research is assessing the creative industries’ positioning in Romania, regarding the other EU member states. The methodology proposed by Florida and Tinagli (2004) for computing the Euro-Creativity Index is being extended, both by adding new indexes we consider more...

Our paper investigates the extent of capital market co-movements between three emerging markets– Czech Republic, Hungary and Poland – and three developed markets from the European Union - Austria, France and Germany. We test whether an increase in correlations between the six markets took...