Search results for "74"

Accounting Changes on Green Certificates in Romania

2017

The purpose of green certificates is to get more renewable electric energy into the energy market at the expense of traditional energy, which in most countries is based on fossil fuel. These renewable technologies are too expensive to enter the market on commercial terms. A key feature of the scheme is that producers of energy based on new renewable energy sources receive certificates from the authorities, proportional to their output. The users of electric energy are required to buy a certain amount of these certificates when they buy electricity. Green certificates may in principle contribute to a reduction of the production of traditional energy.

The Facts behind USA's Pull-Out of Recession in 1929-1933. F.D. Roosevelt's New Deal: an In-Depth Set of Actions in a Comprehensive Idea

2009

The Characterization of the Taxation Process in Terms of Tax Culture, as an Element of Novelty

2020

This research does not aim to achieve the optimal taxation, because this is theoretically plausible, but in practice, is an amalgam of principles, roles and objectives, which could not be achieved at the same time, so that the taxation process works in -an ideal way, without negative effects on the economic and social life of societies. Thus, the main purpose of this study is to study the characteristics that give taxation optimal elements, so that the fulfillment of as many of them can lead to a good tax system, in any economy, whether it is a developed or a developing economy. To achieve this goal, the research methodology is based on theoretical research of the opinions and visions held …

GLOBALIZATION AND ECONOMIC CRISIS IN EUROPEAN COUNTRIES

2011

The paper analyzes the relation between degree of economic globalization and the impact of economic crisis for developed and emerging European countries. We measure economic globalization through indexes based on share of external trade in GDP and FDI intensity (% of FDI inflows and outflows divided by GDP). The complexity of current economic and financial crisis could be evaluated through GDP growth rate, inflation rate, unemployment, public debt, budget deficit, balance of payments, exchange rate, etc. For the purpose of this paper we used GDP growth rate as a measure of economic crisis impact on national economies.

Economic Concentrations vs State of Competitive Space

2017

Achieving market performance is the main objective of companies in business transactions. Developing competitiveness and gaining a large market share is conditional on achieving the proposed objectives. A way to increase the market power is to do mergers or takeovers. They can be vertical or horizontal, depending on the type of activity realized by the parties. Effects resulting from the economic mergers made under certain conditions, can distort the competitive environment on the market, with a serious damage. This leads to the need to analyze them in the compatibility with the competitive environment. Permission to achieve a merger occurs after a comprehensive study of cases considering t…

A Financial Perspective on Value Creation

2018

The recent financial crisis, together with the economic bubbles and cycles of explosions have all proved us that creating, evaluating and maintaining value represent not only a competitive advantage, but also a requirement in uncertain situations. And when also the interests are not intercorrelated within the groups, the only way to effectively employ the available resources and to help the economy is by seeking to achieve long lasting value development. The principles used in establishing the value, followed by measurement techniques have stood the test of time. In a world where short-termism still remains a topic open to debates, it is mandatory to be able not to think of creating value f…

ROMANIAN SMES VERSUS THE GLOBAL FINANCIAL CRISISIMPEDIMENTS AND OPPORTUNITIES

2012

This paper studies the way small and medium sized enterprises have reacted towards the global financial crisis. It also attempts to study the impact this crisis had on both the activity of these enterprises and on the business mentality in Romania. The article studies the reasons which determined the SMEs’ vulnerability during the crisis; these belong to a wide range, spreading from the tightening of the financing options or of the activity, up to the management’s nature. The impact of the economic crisis is studied starting with the statistics in the specialty literature, which highlight the SMEs’ situation starting with 2008. Having as support these numbers, the paper analyzes the effects…

THE INTERNATIONALIZATION OF SMES. A SYNTHETIC ANALYSIS OF THE DECISIONAL FACTORS AND PROCESS

2013

Having an increased complexity, the internationalization process of small and medium- sized enterprises (SMEs) becomes, in the context of globalization and of the freedom of circulation of goods, services, and capital, a decisive factor of both the evolution of the company and the economic force distribution report on the market. The evolution of the world economic system opened a wide action field for small and medium sized companies, who had to adapt to new rules. The internationalization of SMEs is no longer an option, but it becomes a condition of their existence. A high importance in this process belongs to the way decisions are made, both regarding the target market and the entry opti…

ECONOMIC CRISIS SUSTAINS BLACK MARKET

2012

The purpose of this research is to bring out the fact that during the periods of economic crisis, the black market finds a warm place to develop and even to diversify the ways of expressing. Based on some data of the National Institute of Statistics and the Organization for Economic Co-operation and Development (OECD1 ) , I’m trying to prove the fact that during the last two years while the world economic crisis has occurred, the black market has been increasing and there have been new forms of expressing this phenomenon. Although there are some positive ways of this phenomenon, on the whole, the increasing of the black market percent of GDP represents a wound within a healthy economy, whic…

COMPARATIVE STUDY OF THE DECISION-MAKING PROCESS IN SMES AND IN LARGE COMPANIES

2012

This article presents the importance of the decisional act in the entrepreneurial process, trying to emphasize its implications in various situations faced by managers and decision factors. Starting with the classic definition of the “decision” concept, this paper extends its meaning by applying it on the economic field and by deepening its meaning in the economic field, shaping the imperative requests a decision has to make. Narrowing the research field to the sphere of small and medium-sized enterprises, the analysis of the decision is made on their level, being built on the antithesis SME- large company. The results of the study consist in the appreciation of the importance the decision …