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Publications (51)
In the face of pressing global challenges such as climate change, socioeconomic inequalities, and rapid urbanization, ensuring sustainable development in the regions has become essential. The COVID-19 pandemic has highlighted how vulnerable cities are to unforeseen crises and underscored the urgent need for proactive urban planning strategies capab...
Urban areas have developed organically over time, driven by the economic success of cities. However, this development has usually been accompanied by the side effects of urbanization, such as increased traffic and its associated problems: traffic congestion, increased accident rates and pollution. As urban populations grow and expand, the importanc...
The Importance-Performance Analysis is a widely used diagnostic tool in many fields of economic activity, such as: transport, health, construction, public food industry, finance, banking, sustainable activities, etc. Despite its use for over 40 years in many economic and social fields, this tool has some important drawbacks that affect the accuracy...
Likert-type scales are a common technique used in social science. Plus, the Likert scale is among the most frequently used psychometric tools in social sciences and educational research. Despite its frequently used, the Likert scale raises up many questions mark. We can say that the use of the Likert scale in its classical form is too rigid and los...
Traffic has a direct impact on local and regional economies, on pollution levels and is also a major source of discomfort and frustration for the public who have to deal with congestion, accidents or detours due to road works or accidents. Congestion in urban areas is a common phenomenon nowadays, as the main arteries of cities become congested dur...
The COVID19 pandemic seems to have affected the financial results of the companies operating in Central and Eastern Europe. This paper has as a main goal to analyse the impact of COVID-19 crisis over companies which operate in the pharmaceutical sector. Since two of the authors developed an article in 2018 concentrated on the Early warning indicato...
The tourism sector is one of the most dynamic economic sectors in Romania contributing with 6.3% in the number of workplaces and reaching 5.3% from the total GDP. The impact of the COVID-19 pandemic over this sector has been catastrophic. The goal of the proposed article is to perform a brief financial assessment of the companies operating in the t...
The concept of tourism destination image is closely related to the brand image of the destination. A good public image of a certain location is the first step in establishing or enhancing the branding of that destination. The image of the destination can be a primary, secondary or global one, the latter incorporating the first two. The sustainabili...
The concept of destination image is closely related to the brand image of the destination. A good image is a step in branding the destination. The image of the destination can be a primary, sec-ondary or global one, the latter incorporating the first two. The sustainability of a positive image of the destination is based on both a positive secondar...
Measuring performance in tourism and hospitality services in general raises issues given the very idiosyncratic nature of tourism. The measurement of performance in tourism and hospitality services, as reflected in the literature, was done from various perspectives: from the perspective of efficiency, from the perspective of labor productivity, fro...
A main effect of urbanization is the increased traffic in urban areas and also increased number of problems caused by it, like: traffic congestion, traffic jams, increased number of accidents and increased pollution. Therefore, the analysis and optimization of urban traffic is one of the essential elements of sustainable development in human settle...
In this paper we aimed to build a composite financial index for measuring the financial health of the companies listed in the AERO (Alternative exchange in Romania) market of the Bucharest Stock Exchange. We used a principal component analysis in order to build this composite financial index using the rates of return, liquidity and the management o...
The tourism sector is one of the fastest developing economic sectors in Romania with a contribution of 6.3% of the total workplaces and a 5.3% direct contribution towards the GDP. However, studies comparing financial results from the companies operating within the tourism sector with general macroeconomic information are very few. In this context t...
The aim of this paper is to present the possibility of using spatial data mining techniques on public geoportals. The usage of Web Map Servers, Web Feature Servers and public spatial data can improve the development of decision support system in any field of activity starting from investment strategies, environment, urban planning, resource managem...
This article contains the second part of the study "Financial sustainability for Romanian companies - European Structural Funds between inter-regional cohesion or division ?" The first part of the study presented several aspects regarding the literature review, selection of the case study analysis of data based on simple statistical methods and sev...
The current article it is the first part of a study which is focusing on analysing the effects financial sustainability and efficiency, if these are influenced by EU funding. Since the issue of financial sustainability and efficiency in usage of European funding has again came into the attention of both the public and specialists. The main goal of...
Corruption is a phenomenon of which appears in all forms of government. Moreover, one can easily say that it occurs in all spheres of society. According to the Global Corruption Barometer from 2013 (a survey in 107 countries to determine how widespread is corruption) one in two persons believes that, in terms of corruption, in the last two years th...
Setting up and analysis of financial early warning indicators for public or private companies is a much-debated scientific and practical subject. Theories and experiments, which led to the establishment of a common set of early warning indicators, are quite old, starting from the 1950’s. These indicators came aggressively back into academic study a...
One cannot separate decision from psychology of human being. People see world by perception and this leads to various ways of understanding even the most concrete or certain things. Financial literature reflects the subjective nature of human being in making decisions by classifying decision-making process into being “rationally” oriented or the op...
As mentioned by the specialized media, in Romania, in the recent years the banking system and the companies are facing a massive reduction of the values for the commercial properties developed or acquired before the crisis. It is widely known that the value of the commercial properties is directly linked by their location. Considering these element...
The paper is dealing with the analysis of the enterprise risk and growth of a selected number of anonymous small and medium size enterprises. The investigation is based on the enterprises’ simplified annual financial reports. In the economic environment of our days, the principle of “no risk means no profit” is widely accepted and supported. It can...
Decision making, in case of an investment project developed by a private company, is considered to be one of the greatest challenges for the top management and shareholders of a company. This process is a highly complex one and involves the identification, evaluation and selection of the best opportunity among different investments. This should be...
In the latest period, the usage of statistical models in the valuation of real estate properties became very popular among appraisal specialists, bankers and researchers from this field. Many Automatic Valuation Models (AVM) using different statistical and mathematical models like regression, neural networks, and fuzzy logic were proposed and devel...
Exchange rate fluctuations of a currency generate currency risk to the extent that it isused to make international transactions. These operationsare subject to currency risk, as exchange rates change frequently from one period to another, and on the other hand, speculation in the foreign exchange market affect the exchange rate through intervention...
The current paper deals with an issue of absolute importance for the shareholders, managers and creditors of the Romanian companies: the analysis of profitability indicators. The study concentrated over 10 companies which are registered in the Bucharest Stock Market and which are operating in the field of leisure and tourism. These companies can be...
The current paper deals with an issue of extreme novelty for the property assessment market from Romania: usage of automated valuation models in order to obtain the market value of real estate properties located in Romania. ANEVAR – Asociatia Nationala a Evaluatorilor din Romania in order to fasten the re-assessment of the guarantess owned by the R...
The extension of the European Union with the last two “waves†of new members in 2004 and later in 2007 brought new opportunities for the countries in Eastern Europe, especially those linked with the usage of European funding to support public or private investments. It is obvious that “effective utilisation of EU support can foster the success...
This paper focuses on the issues of the capacity of absorption of European Union's funding at the level of Romania in the period 2007-2013. In order to realize proper assumptions, the current study realizes a short overview of the social and economic issues which caused incidents in the accession, contracting and the implementation phases of Europe...
The integration of Romania within the European Union from the 1 st of January 2007 and the financial, economic and social shocks brought by the world financial and economic crisis influenced the Romanian economy in a significant matter in the first period of financial allocation of European Union funding: 2007-2013. Filled with several accusations...
The main goal of this research is to compare the eligibility indicators for accessing EU projects with the bankability indicators at the level of Romanian companies. This study was realized in a period when the term of bankability seems to be in the focus of the beneficiaries and management authorities for European funding, of the banking system an...
Integrarea europeană a venit cu noi provocări pentru întreaga societate
românească, în special pentru promotorii proiectelor de investiţii: companiile
private dar şi autorităţile publice locale, regionale şi centrale. Oportunităţile
majore pentru companiile din fostele ţări candidate provin din libertatea operării
pe Piaţa Comunitară Europeană şi d...
Since the start of the European Union Structural Funding Programs 2007-2013, especially those focused on financing investments proposed by private companies, a big change seems to be taken place. Large numbers of companies have applied for grants within these programs and especially for funding under the European Regional Development Fund (ERDF). B...
This paper will be later used within the Doctoral thesis: "The Mechanism of Financing Investment Projects by Usage of European Structural Funds", which is currently under development at the University BabeÈ™ Bolyai Cluj Napoca, Faculty of Economics and Business Management, under the coordination of the prof. univ. dr. Ioan Trenca. This paper comes...
The extension of the European Union with the first "wave" of new members in 2004 and later with the second "wave" of members in 2007 brought new opportunities for the countries in Eastern Europe, being obvious that "effective utilisation of EU support can foster the success of their economic performance". Financing investment projects proposed by t...
This paper will be later used within the Doctoral thesis: "The Mechanism of Financing Investment Projects by Usage of European Structural Funds", which is currently under development at the University Babeș Bolyai Cluj Napoca, Faculty of Economics and Business Management, under the coordination of the prof. univ. dr. Ioan Trenca. An increasing deba...
European integration is supported through important financial resources in order to sustain the investment effort for aligning the business infrastructure and increase in the business competitiveness in order to fulfill the European Union standards. The financial management, a basic component of the general management, has as scope to realize compl...
This paper analyzes the Romanian absorption capacity of the funds allocated through the REGIO programme, which is part of ERDF programme. Within the paper are presented the concept of absorption capacity and several opinions regarding its main composing elements. Also the Regio programme, its main axis and its budget is briefly presented. In the la...
This paper analyzes the absorption capacity of the funds allocated through the REGIO programme, which is part of ERDF programme in the north western Romania. Within the paper are presented the concept of absorption capacity and several opinions regarding its main composing elements. Also the Regio programme, its main axis and its budget is briefly...
The usage of Geographic Information Systems (GIS) has been rapidly increased and it became the main tool for analyzing spatial data in many engineering applications and decision making activities. The change from paper maps to digital data, in various kinds of geographical data analysis and applications, has made easier to use identical spatial dat...
The European Integration came with new challenges for the Romanian enterprises especially for the SMEs, the opportunities arising from operating on the European Single Market and the possibility for accession of European Regional Development Funds. The main programme designed to offer access for small, medium and large Romanian enterprises to Europ...
The European Integration came with new challenges for the Romanian enterprisesespecially for the SMEs, the opportunities arising from operating on the European Single Marketand the possibility for accession of European Structural Funds. This article will tackle with theissue of access of the Romanian SME’s to European funding. The New Definition of...
The change from paper maps to digital data, in various kinds of geographical data analysis and applications, has made easier to use identical spatial data for different applications and also for combining several information layers into complex spatial models. In the recent years, the usage of geographical informational systems have been rapidly in...
Supported by information systems, the regional or world economy transformed itself in a global economy. Taking fast and optimal decisions is needed for each step an individual or an organization makes in order to support competitiveness in the context of radical evolution of the world economy. When dealing with fundamental decisions, spatial inform...
The complexity of spatial data and of the spatial relationships, limits the effectiveness of
conventional data mining techniques for extracting spatial patterns. The goal of this paper is to analyse
the main theoretical and practical approaches regarding the applicability of geospatial data mining for
economic analysis and later to generate a pilot...
Promotion of the wooden churches from Bihor as overall, and in particular of those documented within the projects PCS05/2009 financed by EEA GRANTS
The European Integration came with new challenges for the Romanian enterprises especially for the SMEs, the opportunities arising from operating on the European Single Market and the possibility for accession of European Regional Development Funds. The ma
The main goal of this paper is to study the property taxation system which is currently implemented in the city of Oradea and to compare it to the previous one. In the first chapter of the paper an introduction over the big changes that a city must surpass in Europe and especially in Romania were highlighted. A glimpse in the fiscal zoning system,...