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  • 1
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    Unknown
    Bucharest: The Bucharest University of Economic Studies
    Publication Date: 2018-05-22
    Description: Innovation is seen in numerous specialized studies as an efficient method for improving the performance of a company based on the sector in which that company operates. Based on this idea, the article aims to determine the nature of inter-correlation between the innovation activity of companies and the level of performance of these, which are the main types of innovation and how they can influence companies' position and how the sector of activity can influence the dimension of the impact of innovation. For achieve these objectives have been analysed empirical studies in various sectors, studies which have highlighted a positive inter-correlation between innovation activity and the performance of companies with significant differences depending on the type of innovation and industry use. The article is completed by an empirical analysis which aims to determine the extent to which performance of companies in the construction sector is sensitive to innovation activity. For the analysis were collected data from 14 companies which developed the specific activities in the construction sector of Europe, were achieve a total of 112 observations. The results obtained by applying a multiple regression model shows a positive correlation relationship between indicators of innovation (R&D expenditures and the value of patents/patents) on the one side and performance indicators (equity, labour productivity and number of employees) on the other side. Another direction of research analysed in this paper is to determine the impact of labour indicators on the level of innovation, in this situation was achieve a positive but insignificant inter-correlation between those indicators.
    Keywords: C31 ; D24 ; L25 ; ddc:330 ; Innovation ; development ; construction sector ; performance
    Language: English
    Type: doc-type:article
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  • 2
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    Unknown
    Bucharest: The Bucharest University of Economic Studies
    Publication Date: 2018-05-22
    Description: The paper presents the use of the "time series model" to forecast the quarterly and yearly sales for a company with busi ness seasonality. These sales forecasts will represent the fundamental basis for estimating the external financing, using the percentage to sales method. Sales growth rates are afterwards analysed in the context of ensuring a sustainable and self-financed growth. We focus on establishing the forecasted fi nancial structure of the external financial requirements both in the context of using th e reinvested profit complemented with credit, maintaining the debt rate constant, and in the context of total internal funding of the company economic growth, from reinvested profit.
    Keywords: C53 ; D24 ; M11 ; ddc:330 ; sales forecasting ; quantitative forecasting methods ; qualitative forecasting methods ; additional capital requirements ; sustainable growth
    Language: English
    Type: doc-type:article
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  • 3
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    Unknown
    Bucharest: The Bucharest University of Economic Studies
    Publication Date: 2019-10-29
    Description: The Balanced Scorecard (BSC) analysis can identify relationships between different sectors of the company's activities and the interactions between them. Prof. Bernard Morard together with Dr. Alexandru Stancu and Dr. Christophe Jeannette from University of Geneva, Switzerland developed a way of identifying these relationships and interactions using the Partial Least Squares (PLS) regression technique. Their technique identifies the strategic areas (or strategic axes) by highlighting the groups of performance indicators with the highest correlation coefficient between them. The strategic axes can, in turn, identify performance sectors of the company. Our final model identified the interaction among the strategic areas of a financial intermediation services company (SIF) as well as the interaction between the SIF's performance indicators and the group they are a part of. Our goal was to first apply a Principal Component Analysis to find the most important sectors for a SIF company (e.g. axis 1 = Capital and Results) and then to focus on 4 to 6 relevant performance indicators, that are strongly correlated with the respective strategic sectors (axes). The other indicators were discarded or were transferred to other axes where they have a significant weight, obviously, a little less than on the axis from which they were discarded. Once these economic judgments on the strategic areas were completed, we applied the PLS analysis to reveal the correlations between the strategic axes (sectors). These correlations highlight the intensity of interrelations within the company (SIF) and lead to possible strategic lines of interaction. Mainly, we intended: to identify relationships between different strategic axes (sectors) of the company's activities and the interactions between them using the Balanced Scorecard (BSC) analysis; to assign to these economic sectors the most appropriate name (for example, Axis 1 = CAPITAL and RESULTS and so on) and to retain maximum 6 relevant indicators for each axis; to reveal the correlations between strategic axes (sectors), highlighting the intensity of interrelations; to lead to the prediction of possible strategic lines of interaction within the company (SIF). Basically, BSC explains the relationship between the corporate governance variables and the company's performance. We intended that, besides the causal interrelations, we would also identify a logical relationship between the analyzed sectors of activity.
    Keywords: C38 ; D22 ; E37 ; L25 ; ddc:330 ; Strategic sectors (axes) ; Balanced Scorecard (BSC) ; Partial Least Squares (PLS) ; Principal Component Analysis (PCA) ; Corporate governance
    Language: English
    Type: doc-type:article
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  • 4
    Electronic Resource
    Electronic Resource
    Springer
    The European physical journal 351 (1995), S. 77-82 
    ISSN: 1434-601X
    Keywords: 13.30Eg ; 12.40Aa
    Source: Springer Online Journal Archives 1860-2000
    Topics: Physics
    Notes: Abstract Based on the flux-tube-breaking mechanism, we have previously studied the strong decay of nonstrange baryons into the elastic and several inelastic channels. Here, we extend these studies toΔ π decay. We compare our results with those of Koniuk and Isgur and with recently improved experimental data. We also present results of a new and improved calculation ofN π decay and discuss the problem of resonance identification.
    Type of Medium: Electronic Resource
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  • 5
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    Unknown
    Bucharest: European Institute of Romania
    Publication Date: 2013-06-08
    Keywords: ddc:330 ; Dienstleistungssektor ; EU-Vergaberecht ; EU-Staaten ; Rumänien
    Language: English
    Type: doc-type:report
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  • 6
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    Unknown
    Bucharest: The Bucharest University of Economic Studies
    Publication Date: 2017-09-30
    Description: In the context of an increasing discourse on sustainability and environmental protection, the research on ecological consumer behavior becomes a necessity for companies. The extension in number of multinational companies determines an adaptation of their policies from one country to another. Based on a comparative approach of consumers in Romania, Malaysia and Pakistan, this paper analysis the dimensions of ecological consciousness, and highlights similarities and differences between the countries. In order to reach this objective, the research presents a structural equation model founded on primary data collected from an online survey. Religion and national culture are the main differences outlined by the analysis, in terms of ecological consciousness.
    Keywords: O13 ; O57 ; ddc:330 ; ecology ; ecological consciousness ; consumers ; consumer behavior
    Language: English
    Type: doc-type:article
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  • 7
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    Bucharest: The Bucharest University of Economic Studies
    Publication Date: 2018-05-22
    Description: This study highlights the relationship between the competitive environment in the domestic banking sector and the protection of consumers’ rights and interests. The research is focused on three areas: analysis of the competitive environment, based on detailed analysis of the degree of concentration, the average interest rate s pread on loans and deposits, and clients’ mobility; analysis of the distribution and causes of the complaints made by consumers of banking products and services ; the correlation between the bank's market share and the number of complaints registered by it, using the ranks difference correlation nonparametric Spearman's test. The results of the analysis highlighted a strong and direct relationship between the competitive position of the bank and the number of the complaints it registered, proving that the competitive environment in the banking sector does not ensure the real protection of consumers’ rights and interests . Considering the results of the research, we proposed at the end of the study, clear and consistent measures in order to: improve the consumers’ financial literacy; reduce information asymmetry and stimulate competition in the banking sector; increase consumers’ trust in the financial sector; generate beneficial and sustainable effects .
    Keywords: D18,G21,G28 ; ddc:330 ; competition ; consumer protection ; banking sector ; Herfindahl-Hirschman Index ; client mobility ; complaint ; Spearman's correlation coefficient
    Language: English
    Type: doc-type:article
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  • 8
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    Unknown
    Bucharest: The Bucharest University of Economic Studies
    Publication Date: 2018-05-22
    Description: A continuous challenge for education and lifelong learning is to assist individuals in acquiring skills and knowledge for successful work life, especially after the financial crisis which influenced negatively the employment growth in all European Union countries. The paper focuses on finding correlations between employability and lifelong learning in the Danube Region countries of the European Union and more explicitly in the ex-communist ones of this region. As research instruments, two online questionnaires were built based on a thorough literature review and a set of structured interviews and filled in by 390 IT students and 55 IT professors. The surveys' results revealed a clear positive correlation between the level of education and the opinion about the importance of obtaining a job as a result of the educational endeavors. A special attention in the survey was given to social networks, which were acknowledged as modern facilitators of lifelong learning activities. The conclusions of the current study are particularly important in the Romanian context, as the employment rate of recent graduates is in a decreasing trend, but also for all the Danube Region ex-communist countries, which have to boost their employment rates as well, to assure their economical growth. Identification of factors stimulating employment of young people according with their education contributes at the sustainable economic growth of these countries, at the growth of graduates insertion in the labor market and at the diminution of labor migration.
    Keywords: M51 ; O57 ; R15 ; ddc:330 ; lifelong learning ; employability ; social networks ; social platforms ; feasibility study
    Language: English
    Type: doc-type:article
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  • 9
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    Unknown
    Bucharest: The Bucharest University of Economic Studies
    Publication Date: 2017-09-30
    Description: The article identifies the extent to which the most valuable Romanian companies practice corporate social responsibility (CSR) and its beneficiaries. It describes the main areas of action and specific instruments of intervention. The data analysed cover the top 100 Romanian companies, as ranked by Ziarul Financiar. The corporate website of each company was analysed and subsequently codified on multiple variables. The results outline the fact that firms engage in CSR activities to a relatively high extent (49% of the companies). They adopt a vision of corporate social responsibility exclusively centred on the firm and the competitive advantages that derive from CSR activity. The wider community is represented as the primary stakeholder and beneficiary, whilst those stakeholders thought to influence the profit-making goals to a lesser extent are more often than not overlooked. Finally, companies prefer inexpensive intervention instruments and prove weak coordination with others social and political actors.
    Keywords: M14 ; O16 ; D01 ; D03 ; ddc:330 ; corporate social responsibility ; top 100 Romanian companies ; corporate social responsibility annual reports ; stakeholders
    Language: English
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  • 10
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    Unknown
    Bucharest: The Bucharest University of Economic Studies
    Publication Date: 2017-09-30
    Description: This study highlights the extent to which rights of mobile phone and internet consumers are respected by the most important operators in Romania, namely Orange, Vodafone and Cosmote, in the context of accelerated technological changes on a highly competitive market. The research is focused on the analysis of regulations and contractual grievance procedures, number, distribution and motivation of consumer complaints, administrative quality indicators of data services and main consumer complaints. Among the documents under analysis we can mention contractual agreements, applicable procedures, as well as relevant empirical data provided by NAPC, NAMRC, economic operators and a site for online complaints, namely ReclamatieOnline.ro.
    Keywords: D18 ; L86 ; L96 ; ddc:330 ; mobile telephony ; mobile Internet ; consumers rights ; contractual regulations ; complaints ; administrative quality indicators of data services
    Language: English
    Type: doc-type:article
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