Marian Catalin Voica

Petroleum & Gas University of Ploieşti · Cibernetics, Economic Informatics, Finance and Acountability

This paper analyzes the importance of the BRICS group as representatives of emerging countries in the global economy. It is worth noting that the financial crisis had no strong effect on the BRICS group and it had a much better economic performance than developed countries. The main factors that led to the economic expansion of the group were an in...

Information availability, firm performance, idiosyncratic volatility and bankruptcy-risk vary across the Corporate Life Cycle (CLC) stages. The purpose of this paper is to examine whether CLC stages explain firm’s propensity to engage in both accrual base and real earning management practices in the context of China. Panel data of 3250 non-financia...

During the last few decades, economists have tried to find a solution to eradicate poverty, especially since the United Nations' Sustainable Development Goals were launched. The target of Goal 1 is to end poverty in all its forms everywhere. While income inequality and unemployment have played a major part in contributing to poor wellbeing in the w...

The exchange rate is a key macroeconomic factor that affects international trade and the real economy of each country. The development of international trade creates conditions where volatility comes with the exchange rate. The purpose of this paper is to examine the effect of real effective exchange rate volatility on economic growth in the Centra...

The scope of this research is to explore the relations between energy poverty, quality of life and renewable energy. First, an analysis of concept evolution, economic and social implications and the difficulties in assessing energy poverty was conducted by analyzing the data from Eurostat regarding electricity prices for households and arrears on u...

As civilization and technology have developed, there have been multiple energy transitions that have pushed various resources like coal, wood, oil, and gas to the forefront of the energy mix. Due to a variety of geopolitical initiatives, there have been progressively more restrictions on the energy sector in recent years. One of the main concerns o...

This research investigates the synergistic relationship between sustainability and financial prosperity in businesses, specifically focusing on the impact of consumers on profit growth in Kosovo and Albania. The study aims to understand consumers’ perceptions of their purchases, the factors influencing their choice of businesses, and the types of b...

This article presents the influence of the evolution of the oil price on the international markets on the strategies of companies whose main activity is the manufacture of oil equipment for the Romanian oil industry. As a tool for economists and specialists in the oil industry, such a study helps to develop economic strategies and management decisi...

Certificate of publication for the article titled: Internationalization of Large Companies from Central and Eastern Europe or the Birth of New Stars Authored by: Arjona Çela; Eglantina Hysa; Marian Catalin Voica; Mirela Panait; Otilia Manta Published in: Sustainability 2022, Volume 14, Issue 1, 261

Climate change has brought to the attention of politicians, researchers, and other stake-holders the need to protect the environment. The concerns at the international level are more and more intense, and the solutions found are multiple. One of the directions to follow is a new energy transition, which involves the use of renewable energy, but als...

Sustainable development is desired not only for public institutions but also for private companies that have realized the importance of sustainable management of limited resources available to mankind. The activity of large transnational corporations is not guided only by the principle of profit maximization, but also by corporate social responsibi...

The aim of this article was to identify the role and specific mechanisms of the stock exchange in promoting corporate social responsibility (CSR) and CSR communications among companies listed on the Romanian capital market given country membership of the European Union. Taking into account the quality of the Bucharest Stock Exchange (BSE) as a memb...

Sustainable development is desired not only for public institutions but also for private companies that have realized the importance of sustainable management of limited resources available to mankind. The activity of large transnational corporations is not guided only by the principle of profit maximization, but also by corporate social responsibi...

With rapid globalization, firm internationalization has become an important corporate strategy as well as the necessity for the survival and growth of the business. In the last decade, there has been a growth in literature that studies this field, especially in emerging countries. However, there exists a gap in the literature in CEE countries. This...

With rapid globalization, firm internationalization has become an important corporate strategy as well as the necessity for the survival and growth of the business. In the last decade, there has been a growth in literature that studies this field, especially in emerging countries. However, there exists a gap in the literature in CEE countries. This...

Abstract: This aim of this work is to study the relationship between foreign direct investment (FDI) and trade. FDI is a driving force for economic growth for host countries. The positive effects of FDI are seen in many aspects of the economy. However, the implications of FDI on foreign trade are questionable. Therefore, this study uses a Granger c...

The ultimate goal of central banks, worldwide, is to promote the foundations for sustainable economic growth. In the case of developing economies, in particular, such objective requires time, huge efforts, attention, and plenty of resources in order to be accomplished to the fullest degree. This paper thoroughly investigates key factors affecting B...

The Global Reporting Initiative (GRI) materialized as the main standard for corporate social responsibility (CSR) reporting. This chapter is composed of a short historical evolution of the CSR concept and associated reporting opportunities, and a quantitative analysis of policy regarding CSR around the world. It focuses on large enterprises, multin...

This article describes how foreign direct investments (FDI) is one of the most important forces that influences the global economy. Along the last two and a half decades, the motivations and the field of interest of multinational enterprises (MNEs) mutated to new forms under the influence of globalization and the international financial crisis. Tho...

Sustainable development is desired not only for public institutions but also for private companies that have realized the importance of sustainable management of limited resources available to mankind. The activity of large transnational corporations is not guided only by the principle of profit maximization, but also by corporate social responsibi...

The paper investigates the relation between environmental degradation and economic development. The authors focused on the situation specific to the EU-28 Member States for the time-frame 1960-2014. The study used the variables CO2 emissions, GDP per capita, imports of goods and services, exports of goods and services and energy use. The research h...

The world economy is in constant change, the action of multiple forces is sometimes divergent. Transnational corporations and foreign direct investment (FDI) are one of the most important forces contributing to the remodeling of the world economy and host countries. In this article, the authors focused their analysis on the factors favoring the att...

Green investments are the perfect tool to generate complex self-regenerating systems in order to achieve a sustainable development. Even if the burden of transition from high polluting economy to a green economy is high, the cost should be split among all that have interest in achieving this goal. The switch to green is an international current tha...

This article describes how foreign direct investments (FDI) is one of the most important forces that influences the global economy. Along the last two and a half decades, the motivations and the field of interest of multinational enterprises (MNEs) mutated to new forms under the influence of globalization and the international financial crisis. Tho...

Financial inclusion is one of the recent tools used by financial entities in order to provide suitable education for potential clients from groups of society that have a low level of education, in general, and almost no financial , in particular. Financial inclusion actions aim at explaining to lower educated groups of people and the mechanisms of...

Foreign direct investments (FDI) are a force that shapes the world economy. Stocks and flows of FDI (inward and outward) are indicators followed with great attention by national and international entities and they are correlated with other macroeconomic indicators to detect trends at regional, national and international levels and to determine the...

Green investments are the perfect tool to generate complex self-regenerating systems in order to achieve a sustainable development. Even if the burden of transition from high polluting economy to a green economy is high, the cost should be split among all that have interest in achieving this goal. The switch to green is an international current tha...

Green investments are the perfect tool to generate complex self-regenerating systems in order to achieve a sustainable development. Even if the burden of transition from high polluting economy to a green economy is high, the cost should be split among all that have interest in achieving this goal. The switch to green is an international current tha...

The sectors of transport and energy are at a turning point, which is generated by various factors such as climate change, population growth and its reliance on classic fuels, the necessity of access to modern energy services for the rural population. The solution would be widespread use of renewable sources in final consumption and in transport. Ba...

Latest developments on the international markets create new challenges for the old way of industrial production and development. As the developing countries take the share of important players from the EU it is more and more visible the need for a change of the industrial policy. The advance in technology and the way we produce goods it's changing...

Climate change affects negatively, in a large extent, the activity of economic agents. Gradually, the companies and the public institutions have realized the need of adaptation to new climatic conditions, which led to the adoption of environmentally friendly behaviour and promotion of social responsible strategies. This article demonstrates the imp...

The last two decades have been influenced by the growing concern regarding climate change and the ways that it will determine economic activities and human development. Many countries already took actions through international treaties to solve different problems like carbon emission reduction through certificate trade or low emission investments....

The transnational corporations and small and medium enterprises, as producers of goods and services, run different social responsibility programs and promote the principles of corporate social responsibility established by United Nations Global Compact; so, their activities are guide by following aspects: human rights, labour standards, the environ...

Since the start of foreign direct investment (FDI) studies, scholars asked themselves what drives companies to invest abroad, what incentives are needed to start the flow of FDI to one destination country and how is the flow changing as that countries development is more and more advanced. The academic community launched the hypothesis that the lev...

The concept of corporate social responsibility is in constant development. It passes from the sphere of large transnational companies to the smaller sized companies, in the field of SMEs. Although SMEs don?t have the impact of great corporations, they have a duty to carry out social responsibility programs. An SME, as a singular unit, does not have...

The temperature-based derivatives contracts have appeared while the first deregulations in the utilities and the energy sectors from USA in the years 1990-2000. The transfer of the some services in the private sector has involved a better control of costs and revenues of different companies. The private investors who have turned to this area, have...