Pub Date : 2022-07-31DOI: 10.29358/sceco.v0i35.506
Anatol Melega, V. Grosu, A. Macovei, Daniel Botez
Business performance, as a whole, represents the main concern for financial information users, as a risk assessment tool meant to establish the effectiveness and efficiency of the work performed. Over time, there was an ongoing challenge related to business performance analysis. The purpose of this research is to identify and examine the interdependency relations between the determining factors in the bibliometric analysis of the published literature, when the main topic is business performance. Therefore, to reach this purpose we pursued the following objectives: O1- bibliometric coupling analysis of the scientific papers published on the Web of Sciences and Scopus databases, which addressed the business performance topic by means of clustering; O2 – identifying the correlations between research projects already in place and highlighting research projects not yet approached by researchers, creating new research niches, impacting the development of the performance model applied to current demands.
作为一种旨在确定所执行工作的有效性和效率的风险评估工具，业务绩效作为一个整体，代表了财务信息使用者的主要关注点。随着时间的推移，出现了与业务性能分析相关的持续挑战。本研究的目的是识别和检验在主要主题为企业绩效的已发表文献计量分析中决定因素之间的相互依存关系。因此，为了达到这一目的，我们追求以下目标:1-对发表在Web of Sciences和Scopus数据库上的科学论文进行文献计量耦合分析，通过聚类方法解决业务绩效主题;O2 -识别已经到位的研究项目之间的相关性，突出研究人员尚未接触的研究项目，创造新的研究利基，影响应用于当前需求的绩效模型的发展。
{"title":"CLUSTERING BASED BIBLIOMETRIC ANALYSIS OF THE BUSINESS PERFORMANCE CONCEPT","authors":"Anatol Melega, V. Grosu, A. Macovei, Daniel Botez","doi":"10.29358/sceco.v0i35.506","DOIUrl":"https://doi.org/10.29358/sceco.v0i35.506","url":null,"abstract":"Business performance, as a whole, represents the main concern for financial information users, as a risk assessment tool meant to establish the effectiveness and efficiency of the work performed. Over time, there was an ongoing challenge related to business performance analysis. The purpose of this research is to identify and examine the interdependency relations between the determining factors in the bibliometric analysis of the published literature, when the main topic is business performance. Therefore, to reach this purpose we pursued the following objectives: O1- bibliometric coupling analysis of the scientific papers published on the Web of Sciences and Scopus databases, which addressed the business performance topic by means of clustering; O2 – identifying the correlations between research projects already in place and highlighting research projects not yet approached by researchers, creating new research niches, impacting the development of the performance model applied to current demands.","PeriodicalId":30520,"journal":{"name":"Studies and Scientific Researches Economics Edition","volume":"114 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77692351","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-31DOI: 10.29358/sceco.v0i35.508
Nicoleta Ciucescu, C. Ceocea, O. Turcu, Andreea Feraru-Prepeliță, R. Ceocea
This paper is a theoretical approach of the importance of functional strategies use by organizations in order to reach set targets. Functional strategies are closely linked to the changing competitive environment. Functional strategies may be the competitive advantage of each company. These strategies contribute to the implementation of the integrated business strategy of the company. They are the foundation for achieving the company's strategic intent. Functional strategies clarify the corporate and business strategies of a company or business unit. In contemporary times, these strategies offer a series of more specific details on the way in which key functional areas shall be managed in the near future by operations managers. Through functional strategies, managers make decisions and carry out actions acquiring higher competencies in different business functions (marketing, financial, operational, human resources) in accordance with corporate strategies and on business level. If corporate strategies and strategies on business level are developed by managers, strategies may be prepared for the functional areas of each business unit. The development of functional strategies may fluctuate from formal to informal. Within larger organizations that carry out complex operations there may be several strategies regarding each major function. Smaller organizations may usually function with lesser policies, and most of them may be informal.
{"title":"ASPECTS REGARDING FUNCTIONAL STRATEGIES IN ROMANIAN ORGANIZATIONS","authors":"Nicoleta Ciucescu, C. Ceocea, O. Turcu, Andreea Feraru-Prepeliță, R. Ceocea","doi":"10.29358/sceco.v0i35.508","DOIUrl":"https://doi.org/10.29358/sceco.v0i35.508","url":null,"abstract":"This paper is a theoretical approach of the importance of functional strategies use by organizations in order to reach set targets. Functional strategies are closely linked to the changing competitive environment. Functional strategies may be the competitive advantage of each company. These strategies contribute to the implementation of the integrated business strategy of the company. They are the foundation for achieving the company's strategic intent. Functional strategies clarify the corporate and business strategies of a company or business unit. In contemporary times, these strategies offer a series of more specific details on the way in which key functional areas shall be managed in the near future by operations managers. Through functional strategies, managers make decisions and carry out actions acquiring higher competencies in different business functions (marketing, financial, operational, human resources) in accordance with corporate strategies and on business level. If corporate strategies and strategies on business level are developed by managers, strategies may be prepared for the functional areas of each business unit. The development of functional strategies may fluctuate from formal to informal. Within larger organizations that carry out complex operations there may be several strategies regarding each major function. Smaller organizations may usually function with lesser policies, and most of them may be informal.","PeriodicalId":30520,"journal":{"name":"Studies and Scientific Researches Economics Edition","volume":"79 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76843011","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-31DOI: 10.29358/sceco.v0i35.509
Cătălin Drob, V. Zichil, C. Grigoras, V. Ciubotariu, Andreea Feraru
The purpose of this study is to emphasize the main aspects regarding the evolution of the capital market in Romania in the context of the COVID-19 pandemic. This study tries to present the main aspects which marked the evolution of the national capital market in the last period. The domestic capital market went through a delicate period during the beginning of 2020, since in times of crisis the stock markets react emotionally and thus, are recorded relatively important fluctuations. Although the COVID-19 pandemic created a lot of uncertainty in the capital market, the end of 2020 brought back optimism among investors. In 2021, the d domestic capital market recovered all the decreases registered in 2020 and ended this year with very good results.
{"title":"THE EVOLUTION OF THE CAPITAL MARKET IN ROMANIA IN THE CONTEXT OF THE COVID-19 PANDEMIC","authors":"Cătălin Drob, V. Zichil, C. Grigoras, V. Ciubotariu, Andreea Feraru","doi":"10.29358/sceco.v0i35.509","DOIUrl":"https://doi.org/10.29358/sceco.v0i35.509","url":null,"abstract":"The purpose of this study is to emphasize the main aspects regarding the evolution of the capital market in Romania in the context of the COVID-19 pandemic. This study tries to present the main aspects which marked the evolution of the national capital market in the last period. The domestic capital market went through a delicate period during the beginning of 2020, since in times of crisis the stock markets react emotionally and thus, are recorded relatively important fluctuations. Although the COVID-19 pandemic created a lot of uncertainty in the capital market, the end of 2020 brought back optimism among investors. In 2021, the d domestic capital market recovered all the decreases registered in 2020 and ended this year with very good results.","PeriodicalId":30520,"journal":{"name":"Studies and Scientific Researches Economics Edition","volume":"42 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78202422","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-31DOI: 10.29358/sceco.v0i35.510
L. Ţimiraş
European quality schemes used at Community level have the role of ensuring the legal protection of agri-food products and alcoholic beverages, thus having an important promotional role. Thus, consumers perceive the products whose names are protected by means of quality schemes as having a higher value, which results in increased sales, but also in other benefits of a quantitative and qualitative nature for the producers and the area of origin. This article presents, in the first part, some aspects with regard to the impact, from a marketing perspective, of the use of quality schemes, using in particular information from literature, and subsequently renders the situation in the EU countries, at the level of 2022, regarding the number of products protected under the various quality schemes, by country and by category of protected product, using official information. Several quality schemes are used in the European Union: Geographical indications (Protected designation of origin, Protected geographical indication, Geographical indication), Traditional speciality guaranteed, Mountain product, Product of EU's outermost regions, but this paper refers only to products whose name was protected via Geographical indications and Traditionals speciality guaranteed.
{"title":"PROMOTION OF AGRICULTURAL PRODUCTS AND ALCOHOLIC BEVERAGES THROUGH EUROPEAN QUALITY SCHEMES IN EU COUNTRIES FOR THE YEAR 2022","authors":"L. Ţimiraş","doi":"10.29358/sceco.v0i35.510","DOIUrl":"https://doi.org/10.29358/sceco.v0i35.510","url":null,"abstract":"European quality schemes used at Community level have the role of ensuring the legal protection of agri-food products and alcoholic beverages, thus having an important promotional role. Thus, consumers perceive the products whose names are protected by means of quality schemes as having a higher value, which results in increased sales, but also in other benefits of a quantitative and qualitative nature for the producers and the area of origin. This article presents, in the first part, some aspects with regard to the impact, from a marketing perspective, of the use of quality schemes, using in particular information from literature, and subsequently renders the situation in the EU countries, at the level of 2022, regarding the number of products protected under the various quality schemes, by country and by category of protected product, using official information. Several quality schemes are used in the European Union: Geographical indications (Protected designation of origin, Protected geographical indication, Geographical indication), Traditional speciality guaranteed, Mountain product, Product of EU's outermost regions, but this paper refers only to products whose name was protected via Geographical indications and Traditionals speciality guaranteed.","PeriodicalId":30520,"journal":{"name":"Studies and Scientific Researches Economics Edition","volume":"107 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79327392","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-31DOI: 10.29358/sceco.v0i35.502
F. Popa
Ensuring the convergence in the process of the Romanian economic and social environment adaptation, to the requirements of internal market of European Union, but also the alignment of public policies with good practices of European Union, led to the emergence of new types of policies and instruments, for different fields of implementation, in the new conjuncture. As a consequence the COVID-19 pandemic crisis, governments all over the world, imposed restrictions intended for the protection of population, with effects on the economic and social life. In Romania, the government's intervention policies consisted of actions aimed at preventing the collapse in the national economy, materialized in plans, programs and measures, supported by laws and Government Decisions, which constitutes as basic instruments of the period 2020-2021. The present paper tries to present, in a synthetic manner, two essential public policy instruments used in Romania, to combat the negative effects caused by pandemic crisis, respectively, National Recovery and Resilience Plan and National Reform Programme 2021. The conclusions and proposals which ends the paper express the essence of the results obtained. The research methodology used was the documentation from specialty literature, focus on significant issues, synthesis and processing of information, through the author’ own interpretation.
{"title":"SOME PUBLIC POLICY INSTRUMENTS INITIATED IN ROMANIA IN THE COVID-19 CONTEXT","authors":"F. Popa","doi":"10.29358/sceco.v0i35.502","DOIUrl":"https://doi.org/10.29358/sceco.v0i35.502","url":null,"abstract":"Ensuring the convergence in the process of the Romanian economic and social environment adaptation, to the requirements of internal market of European Union, but also the alignment of public policies with good practices of European Union, led to the emergence of new types of policies and instruments, for different fields of implementation, in the new conjuncture. As a consequence the COVID-19 pandemic crisis, governments all over the world, imposed restrictions intended for the protection of population, with effects on the economic and social life. In Romania, the government's intervention policies consisted of actions aimed at preventing the collapse in the national economy, materialized in plans, programs and measures, supported by laws and Government Decisions, which constitutes as basic instruments of the period 2020-2021. The present paper tries to present, in a synthetic manner, two essential public policy instruments used in Romania, to combat the negative effects caused by pandemic crisis, respectively, National Recovery and Resilience Plan and National Reform Programme 2021. The conclusions and proposals which ends the paper express the essence of the results obtained. The research methodology used was the documentation from specialty literature, focus on significant issues, synthesis and processing of information, through the author’ own interpretation.","PeriodicalId":30520,"journal":{"name":"Studies and Scientific Researches Economics Edition","volume":"21 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81823960","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-31DOI: 10.29358/sceco.v0i35.511
Luminița-Iulia Zaiț
In many fields of activity of the national economy, the legislative basis is one that is constantly changing, being numerous situations in which the impact of legislative initiatives is unfavorable for business environment, and not only that. In this context, the representatives of the business environment, directly affected, can express their opinion by participating in public debates, thus appearing, in their case and for others, the real need for correct, complete, and real-time information in relation to the various events/debates organized by the various public bodies. At this stage, infomediaries intervene providing monitoring, collection, analysis, and synthesis services of data of interest, from different fields of activity, from multiple formal and informal sources found in the virtual environment, offering real support in the involvement of interested parties in the public decision-making process. The article wants, starting from the existing theoretical support in the literature, to highlight the particularities of the specific market in Romania, the emphasis being on identifying the attractiveness of this field of activity and, implicitly, the competitiveness of the active units of the profile.
{"title":"BUSINESS OPPORTUNITIES IN ROMANIA: INFOMEDIARY, LINK BETWEEN GOVERNMENT INSTITUTIONS AND THE BUSINESS ENVIRONMENT","authors":"Luminița-Iulia Zaiț","doi":"10.29358/sceco.v0i35.511","DOIUrl":"https://doi.org/10.29358/sceco.v0i35.511","url":null,"abstract":"In many fields of activity of the national economy, the legislative basis is one that is constantly changing, being numerous situations in which the impact of legislative initiatives is unfavorable for business environment, and not only that. In this context, the representatives of the business environment, directly affected, can express their opinion by participating in public debates, thus appearing, in their case and for others, the real need for correct, complete, and real-time information in relation to the various events/debates organized by the various public bodies. At this stage, infomediaries intervene providing monitoring, collection, analysis, and synthesis services of data of interest, from different fields of activity, from multiple formal and informal sources found in the virtual environment, offering real support in the involvement of interested parties in the public decision-making process. The article wants, starting from the existing theoretical support in the literature, to highlight the particularities of the specific market in Romania, the emphasis being on identifying the attractiveness of this field of activity and, implicitly, the competitiveness of the active units of the profile.","PeriodicalId":30520,"journal":{"name":"Studies and Scientific Researches Economics Edition","volume":"41 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86001249","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-07-31DOI: 10.29358/sceco.v0i35.507
R. Ceocea, C. Ceocea, O. Turcu, Nicoleta Ciucescu, Andreea Feraru-Prepeliță
As the COVID-19 pandemic affected the entire world, companies had to develop new techniques and practices to adapt to digital transformation, there came a need for change, for a restructuring of organizational management policy with reference to marketing and communication processes and strategies, organizational procedures, as well as for an awareness of the new technologies that are the bridge towards the online environment. New innovative technologies are the enablers of efficiency and working time reduction, with a focus on automation and systematization. Our aim is to highlight the impact of digitalization on business marketing, the importance of the company’s position and mentality in relation to the current context, as well as the changes in consumer behaviour. The dynamics and fast pace of current trends changes in marketing increase the need to be open about the implementation and adoption of new communication technologies and tools. In this context, organizations must take into account the remodelling of marketing strategies that should be streamlined taking into account intra-organizational and strategic management challenges. Therefore the study aims to outline the implications of digital marketing on the post-pandemic management of companies, and comes up with suggestions related to the allocation of resources in terms of digitalization, that may have a positive impact on improving operational tasks, effectiveness and efficiency through automation.
{"title":"DIGITAL MARKETING IN POST-PANDEMIC CONDITIONS","authors":"R. Ceocea, C. Ceocea, O. Turcu, Nicoleta Ciucescu, Andreea Feraru-Prepeliță","doi":"10.29358/sceco.v0i35.507","DOIUrl":"https://doi.org/10.29358/sceco.v0i35.507","url":null,"abstract":"As the COVID-19 pandemic affected the entire world, companies had to develop new techniques and practices to adapt to digital transformation, there came a need for change, for a restructuring of organizational management policy with reference to marketing and communication processes and strategies, organizational procedures, as well as for an awareness of the new technologies that are the bridge towards the online environment. New innovative technologies are the enablers of efficiency and working time reduction, with a focus on automation and systematization. Our aim is to highlight the impact of digitalization on business marketing, the importance of the company’s position and mentality in relation to the current context, as well as the changes in consumer behaviour. The dynamics and fast pace of current trends changes in marketing increase the need to be open about the implementation and adoption of new communication technologies and tools. In this context, organizations must take into account the remodelling of marketing strategies that should be streamlined taking into account intra-organizational and strategic management challenges. Therefore the study aims to outline the implications of digital marketing on the post-pandemic management of companies, and comes up with suggestions related to the allocation of resources in terms of digitalization, that may have a positive impact on improving operational tasks, effectiveness and efficiency through automation.","PeriodicalId":30520,"journal":{"name":"Studies and Scientific Researches Economics Edition","volume":"55 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79430646","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-07-01DOI: 10.29358/SCECO.V0I33.486
Sayef Bakari, Lamia Benzid
This study examines the impact of corruption, investment freedom, and democracy on domestic investment in countries in the Middle East and North Africa. In order to achieve this, the GMM model was used to test the annual data from 2011 to 2017. The empirical results show that corruption has a negative impact on domestic investment, but the degree of investment freedom and democracy have a positive impact on domestic investment. One of the major contributions of this work is to assert the requirement to wheel more awareness to the direct link between corruption, governance, investment freedom, and domestic investment.
{"title":"Modeling the Impact of Corruption, Degree of Freedom to Invest and Democracy on Domestic Investment: Evidence from MENA Countries","authors":"Sayef Bakari, Lamia Benzid","doi":"10.29358/SCECO.V0I33.486","DOIUrl":"https://doi.org/10.29358/SCECO.V0I33.486","url":null,"abstract":"This study examines the impact of corruption, investment freedom, and democracy on domestic investment in countries in the Middle East and North Africa. In order to achieve this, the GMM model was used to test the annual data from 2011 to 2017. The empirical results show that corruption has a negative impact on domestic investment, but the degree of investment freedom and democracy have a positive impact on domestic investment. One of the major contributions of this work is to assert the requirement to wheel more awareness to the direct link between corruption, governance, investment freedom, and domestic investment.","PeriodicalId":30520,"journal":{"name":"Studies and Scientific Researches Economics Edition","volume":"33 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84522431","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-07-01DOI: 10.29358/SCECO.V0I33.484
F. Popa
Appeared in the last decades of the last century, against the background of economic and global developments, determined by the internationalization of production and free movement of capital, the New Public Management aimed to the transition from the bureaucratic principles of hierarchical setup, to the development of new practices of management . This change had to meet the requirements of the market economy, signifying another form of approach to administration and public management. The purpose of the changes was to reform the public sector organizations, increase their competitiveness and efficiency in the use of resources and the provision of services. The present study propose a short presentation of some opinions of theorists, regarding some limits and dysfunctions, which may occur in the application of the New Public Management, different from some successes of the changes accomplished. Other issues were also addressed, such as the occurrence of reversible trends in the reform process. Given the new challenges of society and the increased demands of citizens, the phenomenon requires efforts to find the best practices of the New Public Management, which to lead to the achievement of the proposed objectives. The research methodology used was the study and processing of ideas from foreign and domestic literature.
{"title":"ASPECTS THAT INTERVENE IN THE IMPLEMENTATION OF THE NEW PUBLIC MANAGEMENT","authors":"F. Popa","doi":"10.29358/SCECO.V0I33.484","DOIUrl":"https://doi.org/10.29358/SCECO.V0I33.484","url":null,"abstract":"Appeared in the last decades of the last century, against the background of economic and global developments, determined by the internationalization of production and free movement of capital, the New Public Management aimed to the transition from the bureaucratic principles of hierarchical setup, to the development of new practices of management . This change had to meet the requirements of the market economy, signifying another form of approach to administration and public management. The purpose of the changes was to reform the public sector organizations, increase their competitiveness and efficiency in the use of resources and the provision of services. The present study propose a short presentation of some opinions of theorists, regarding some limits and dysfunctions, which may occur in the application of the New Public Management, different from some successes of the changes accomplished. Other issues were also addressed, such as the occurrence of reversible trends in the reform process. Given the new challenges of society and the increased demands of citizens, the phenomenon requires efforts to find the best practices of the New Public Management, which to lead to the achievement of the proposed objectives. The research methodology used was the study and processing of ideas from foreign and domestic literature.","PeriodicalId":30520,"journal":{"name":"Studies and Scientific Researches Economics Edition","volume":"31 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78155155","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-07-01DOI: 10.29358/SCECO.V0I33.489
D. Botez, Mihaela Enachi
The financial reporting process is a standardized process by which an entity provides information about its business, which is not considered confidential, in the environment in which it operates, for the purpose of supporting and developing the society in general. For several years, this process has been undergoing a period of transformation that involves including in the reporting process, in addition to financial information, non-financial information that presents aspects of the resources used, the business model and the new value created by entity. Thus arose the concept of integrated reporting. In European Union, several European directives have been issued setting out the obligation to provide information on the environment, social issues, and personnel. Recently, a European Union project intended to amend the reporting directives by introducing a new concept, reporting for sustainability. These attitudes pose challenges for professional accountants as the reports need to be audited to express an opinion on the level of assurance in relation to the information provided.
{"title":"SOME ASPECTS REGRADING THE FUTURE OF FINANCIAL REPORTING","authors":"D. Botez, Mihaela Enachi","doi":"10.29358/SCECO.V0I33.489","DOIUrl":"https://doi.org/10.29358/SCECO.V0I33.489","url":null,"abstract":"The financial reporting process is a standardized process by which an entity provides information about its business, which is not considered confidential, in the environment in which it operates, for the purpose of supporting and developing the society in general. For several years, this process has been undergoing a period of transformation that involves including in the reporting process, in addition to financial information, non-financial information that presents aspects of the resources used, the business model and the new value created by entity. Thus arose the concept of integrated reporting. In European Union, several European directives have been issued setting out the obligation to provide information on the environment, social issues, and personnel. Recently, a European Union project intended to amend the reporting directives by introducing a new concept, reporting for sustainability. These attitudes pose challenges for professional accountants as the reports need to be audited to express an opinion on the level of assurance in relation to the information provided.","PeriodicalId":30520,"journal":{"name":"Studies and Scientific Researches Economics Edition","volume":"54 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89478035","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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