Archive | Issue no. 4

Securitization As a Factor Of Economic Integration

This paper is aimed to show that securitization, a concept of the State security theory, provides some elements to obtain a more complete vision linked to other sciences about the economic integration processes. Until now, economic integration is studied by diverse strands of economic thought, exhausting the conceptual frameworks in reinterpretations impeding progress in the […]

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Posted in Economics, Issue no. 4

Knowledge Transfer – The Key To Drive Innovation For Service Organizations Excellence

As service organizations become increasingly aware that knowledge is among their most valuable strategic assets, they will try to develop and maintain the knowledge transfer through the organization and to make the employees understand the importance of knowledge and communication. The paper highlights that advanced information and communication technologies, a dedicated knowledge sharing culture and […]

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Posted in Issue no. 4, Knowledge Management

The Affect Of Sales Promotion On Consumer Interest To Purchase In IKCO Automotive Company

Sales promotion has become a vital tool for marketing and its importance has been increasing significantly over the years. One of the purposes of a sales promotion is to elicit a direct impact on the purchase behavior of the firm’s consumers. Firms have to rethink the relationship between attitude and behavior of their consumers. Sales […]

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Posted in Economics, Issue no. 4

On The Correlated Impact Of The Factors Of Risk Aversion On Decision-Making

Risk aversion is among the most advertised and complex factors influencing a decision, but it is itself subject to a intricate complex of both objective and subjective factors. The present paper set out to investigate some of the factors that would have appeared obvious in influencing attitudes towards risk, such as value of options, probability […]

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Posted in Economics, Issue no. 4

The Improvement Of Financial Administration In The Agricultural Educational System By Applying The New European Educational System Model

In the field of the education, as in other fields of the national economy, a part of the economical mechanism is the organization of the educational system in general as well as its all other parts. It is realized through the creation and the functioning of the educational system of different level and, at the […]

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Posted in Economics, Issue no. 4

Romanian Vulnerabilities in the Current Financial and Economic Crises Context

The current global economic crisis was ignited in the financial markets of the major developed economies but soon the real economy was affected. The developing world, Romania in particular, has not been isolated from its impact. International trade and capital flows serve as a transmission mechanism that illustrated that the hypothesis of a de-coupling between […]

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Posted in Economics, Issue no. 4

Reviewing The Influence Of IT Applications Such As Implementing Online Distribution Channels In Hotel Industry

Purpose: This research aims to study the influence of information technology applications, particularly electronic distribution channels, on success and failure factors that have been devoted to the handling of routine operational problems in the hotel industry. Design/methodology/approach: Reviewing personal interviews and surveys of structured questionnaires done by senior level managers of hotels. The collected data […]

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Posted in Information Technology, Issue no. 4

Problematic Controversies on the European Labor Market

When economic growth and consequently, social progress, is confronted with drastic changes a modification is needed. Mentality, vision or policy change? The principle of the four freedoms (goods, services, capital, labor force) is compulsory and forms a unit, however, the movement of labor constitutes a true “apple of discord” regarding the problem on democratic movements. […]

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Posted in Economics, Issue no. 4

Leadership Succession Planning In International Mergers And Acquisitions In Central And Eastern Europe

In today’s business environment characterized by near-constant change, where international acquisitions and investments picking up the pace modify the configuration of existing organizations, the management of the risk associated with planned and unplanned departures in key positions, the prevention of loss of knowledge and relationships that reside with key employees or simply managing the impact […]

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Posted in Economics, Issue no. 4

Theoretical Analysis Of Firm And Market-Specific Proxies Of Information Asymmetry On Equity Prices In The Stock Markets

Asset pricing has remained an issue of interest to scholars, investment managers and analysts without borders. Pricing of equities in environments characterized with imperfect information and determining the effect of information asymmetry on the asset have also remained a challenge. The risk the information uncertainty from the firm poses to the investors and analysts and […]

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Posted in Economics, Issue no. 4

Case Study on the Deficiencies and Difficulties of Project Management since the Promotion Stage of Integrated Waste Systems

The present case study focuses on the shortcomings and difficulties encountered in the management of projects in the environment protection area, respectively of integrated waste management systems, observed in similar projects, promoted simultaneously in five counties in Romania, counties located in different development regions. Thus, following a European funding, five counties were selected to receive […]

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Posted in Economics, Issue no. 4, Knowledge Management

The Financing of Public – Private Partnership (PPP) Projects in Romania – An Evaluation of the Awareness and Know-How among Romanian Organizations

In many countries, anti-crisis public measures focus on higher public investment or investment in public objectives, like investment in infrastructure projects, as an important mean to maintain economic activity during the crisis and support a rapid return to sustained economic growth. An instrument to realize these investments is the Public-Private Partnership (hereinafter PPP). Nevertheless, PPP’s […]

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Posted in Economics, Issue no. 4, Knowledge Management