At the microeconomic level, the research and development costs are included in a broader category known as "discretionary costs", i.e. they are not mandatory and occur as a result of managerial decisions. At the macroeconomic level, research and development spending stimulates innovation and...

History has provided sufficient evidence that economic activity does not grow linearly and economic cycles can be easily distinguished, in which periods of growth are followed by periods of recession, stagnation, rising unemployment and widening budget deficits. Cyclical evolution impact on...

In our research, we intend to observe the influence of fiscal policy together with theinterest rate and inflation rate on economic growth in the European Union member states.Therefore, our goal is to identify the impact of the main instruments of fiscal policy, using anunrestricted panel VAR...

The recent global financial crisis has reopened the debate about macroeconomic policies’ objectives, but also the need and extent of state involvement in the functioning of the economy, either directly or indirectly. This has exposed some weaknesses in the system of regulation and supervision...

Credit institution\'s operational risk should be evaluated by the external auditor cautiously because it is a risk arising from the way in which the bank\'s global strategy is implemented in practice and how the bank'(tm)s activity is followed step by step by those charged with governance,...

The recent global financial and economic crisis has revealed some weaknesses in the regulation and supervision of the financial system and its architecture, especially in the treatment of systemic risks and vulnerabilities, and also the financial implications and downsizes of the globalization...

Abstract: In our study, using a descriptive research methodology based on survey and data interpretation, we are trying to state our opinion regarding the pro and cons of the Fiscal Compact, wheather our country made a step forward towards fiscal stabilization or a step backwards towards the...

In the present paper we have tried to reveal the way in which we can obtain fiscal and accountant information on a juridical person, information about the persons who have special relations with the entity: associates,administrators and shareholders. For a complete fiscal control, we need other...

Present in the European political discourse in the early \'90s, the concept of flexicurity, achieved by the contraction of two terms, flexibility and security, emerged in the European Union with the adoption of the Communication \"Towards Common Principles of Flexicurity: More and Better Jobs...