This study examines the Eurozone stock markets’ reaction to a number of events associated with the post-implementation amendments of the IFRSs regarding financial instruments (IFRS 7, IFRS 9, IAS 32 and IAS 39). The adoption of these IFRSs is probably one of the most important recent changes...

The issuance of the European Union Regulation (EC) 1606/2002 and the 2007 adoption of the Markets and Financial Instruments Directive in Romania determined us to sett the goal of the present study at investigating the impact of public information disclosure on market values in the case of the...

This paper investigates the impact of publicly disclosed information on market values for Romanian companies listed on Bucharest Stock Exchange, using as benchmark a more developed market, the Madrid Stock Exchange. The study is motivated by the European Union’s decision to require the use of...

The financial investment companies’ portfolio management consists in converting vision into an investment strategy in accordance with the turbulent and complex macroeconomical context. In the particular case of a financial investment company, performant information management becomes an...

Economic and financial stability, sustainability and durable development are top priorities to all world nations and this aspect must become no one for both European Union and Romania. Negative effects induced by the short time capital moves and of the different speculative assets bubbles must...

The bubbles, either involving real or financial assets, previous to the subprime crisis bring at the investor’s community’s concern the elusive topic of risk mitigation. Funds industry need today, more than any time in the past, a clear, decisive and competent approach in risk management. A...

The current shifts in the global energies market lead the expected change in the long term from traditional energies sources, like fossil fuels, to renewable energies sources, e.g. sun, wind, water, energetic wood etc. The major commitments are: sustainability, productivity, smart energy grids...

The works presents aspects regarding the sub – prime crisis and the impact of the crisis upon The South – East Europe countries. The first part approaches the origins of the sub – prime crisis, the deteriorating of the balance sheets of the banks exposed to toxic assets and the...

The paper presents issues regarding the economic evolution in Romania in the last decade of the transition process from a super-centralized economy to a functional market economy. The impact of the financial crisis in Romania together with some of its effects are analyzed herein. Finally, we...

this paper represents a continuation of a previous paper where we demonstrated the “abnormal” behavior that local authority from Romania is manifesting regarding the subventions received from the central budget. In accord with public choice theory, exist an “affinity” of a social group -...