Studies and Scientific Researches. Economics Edition
Journal Title Studies and Scientific Researches. Economics Edition (SCECO) Short Description: SCECO is a peer-reviewed, open-access academic journal that publishes original research in economics, business, and public policy, with a distinct focus on interdisciplinary approaches and regional development in Central and Eastern Europe. The journal is committed to fostering academic rigor, policy relevance, and global accessibility through a Diamond Open Access model (no APCs). Articles are published in English and undergo a rigorous double-blind peer review process. Founded in 1990, SCECO is hosted by the Faculty of Economic Sciences, Vasile Alecsandri University of Bacau, Romania. The journal publishes biannually (July and December) via the Open Journal Systems (OJS) platform. Editorial Team Editor-in-Chief: Assoc. Prof. Dr. Bogdan Nichifor Faculty of Economic Sciences, Vasile Alecsandri University of Bacau, Romania bogdan.nichifor@ub.ro Technical Editor: Marcel Olatuc – OJS Administrator and Metadata Support compteh@ub.ro International Editorial Board (Selected Members) Prof. Dr. Aaron STERNICZKY, The German University of Applied Sciences (DHAW), Germany; IMC Krems, Austria Associate Professor Dr. Yuliya FROLOVA, Bang College of Business, KIMEP University, Kazakhstan Senior Lecturer PhD. José-Antonio CORRAL-MARFIL, University of Vic - Central University of Catalonia, Spain Assistant Professor PhD. Heba MOHSEN, Future University, Egypt PhD Marcin BRYCZ, University of Gdansk, Poland Professor, PhD Daniel BOTEZ, “Vasile Alecsandri” University of Bacau, Romania Associate professor, PhD Marcela DANU, “Vasile Alecsandri” University of Bacau, Romania Associate professor, PhD Laura TIMIRAS, “Vasile Alecsandri” University of Bacau, Romania (Full board available on the website) Review Policy: Double-blind peer review (2 reviewers per manuscript) Average review time: 4–6 weeks Contact: Editorial Office – SCECO Journal Faculty of Economic Sciences Vasile Alecsandri University of Bacau Calea Mărășești 157, Bacau 600115, Romania sceco@ub.ro bogdan.nichifor@ub.ro https://sceco.ub.ro
Authors who publish with Studies and Scientific Researches. Economics Edition (SCECO) agree to the following terms: Copyright Retention Authors retain full copyright over their work and grant the journal the right of first publication. The published article is simultaneously licensed under the Creative Commons Attribution 4.0 International License (CC BY 4.0). This license permits others to: Share — copy and redistribute the material in any medium or format Adapt — remix, transform, and build upon the material for any purpose, even commercially, as long as proper attribution is given to the original author(s) and source. Additional Distribution Authors may enter into separate, non-exclusive contractual arrangements for the distribution of the journal’s published version of the work (e.g., post it to an institutional repository, include it in a book), with clear credit to the initial publication in SCECO. Preprint and Open Posting Policy Authors are encouraged to post their work online (e.g., in preprint archives, institutional repositories, or personal websites) before submission, during review, and after publication. This practice supports academic exchange and can lead to earlier and broader dissemination and citation of published work. (See: “The Effect of Open Access” – PLOS) For further inquiries regarding copyright, licensing, or archiving, please contact the editorial office at Editorial Board
Mapping digital entrepreneurship: Developments and connections with the financial and accounting field
In today's context, digital entrepreneurship is an important pillar of the economy, characterized by the integration of new technologies in the development of innovative, sustainable and flexible businesses. This type of entrepreneurship contributes to the transformation of business models, to the adaptation of professions in different fields, as well as to the redefinition of the skills in demand in the labor market. The main aim of the paper is to explore the topic of digital entrepreneurship, with a focus on identifying its implications for accounting and finance professions. In order to achieve the proposed goal, a bibliometric analysis was performed using the VOSviewer software based on 660 papers published between 2000-2024 and indexed in the Web of Science (WOS) database. The results obtained allowed the identification of five thematic clusters that highlight the high impact of digital entrepreneurship in the new economic era and, at the same time, outline the current status of the topic within the literature. The usefulness of the results is found among researchers as a starting point for future research, as well as among entrepreneurs who are interested in how digital entrepreneurship has developed, helping to identify gaps in the field that can be turned into future business opportunities.
Copyright (c) 2026 Simona-Maria Brinzaru, Anatol Melega, Corina Petrescu https://creativecommons.org/licenses/by/4.0
Corporate Sustainability Reporting: Paradigms, Determinants and Performance
Due to climate change, pressures from civil society and national and international bodies, the objectives of sustainable development, social responsibility and ethical governance have become an integral part of companies' management strategy. Thus, if in the past, the main objective of business was to maximize profit or economic growth by any means, nowadays, to be successful in the long term, firms must integrate the principles of sustainability and corporate governance into their strategic objectives. In this sense, the aim of this article is to analyze the main paradigm shifts in the business world in the context of implementing sustainability and corporate governance principles in business models, while identifying the motivations for sustainability reporting and the impact on firm performance. The research methodology is theoretical and documentary, focusing on literature review and international regulations on sustainability and corporate governance. The research results consist in highlighting the main paradigm shifts in sustainability reporting and its implications on firm performance.
Copyright (c) 2025 Florin Boghean, Anatol Melega https://creativecommons.org/licenses/by/4.0
Internal Control Systems And Their Challenges In Bureaucracy And Village Fund Governance
The internal control system is an effort to suppress negative behavior arising from within the government bureaucracy. This study aims to determine whether and how village governments implement internal control systems. This question is a formulation that needs answers from this research. The focus of observation in this study is one of the village government institutions, and additional observations come from supervisory institutions and elements of the village community. Researchers with the aim of obtaining an in-depth understanding of certain events with the background of events at the research location are more appropriate to use a qualitative approach in this study. The data collection methods in this study used participatory observation, in-depth interviews, and documentation. Participatory observation places the researcher in and becomes part of the bureaucratic environment to gain understanding from an internal government perspective. Participatory observation is a bridge for researchers to trace personal interactions with village officials to obtain information through in-depth interviews, including access to supporting data in the form of documentation. The results showed that the village government had implemented an internal control system with the aim of protecting government assets. However, the researcher realized that the internal control system that runs in a bureaucratic environment still faces interference in the form of socio-relationships.
Copyright (c) 2025 Khairul Shaleh, Fitri Sukmawati, Silviana https://creativecommons.org/licenses/by/4.0
This study examines the pivotal role of BRICS in the global shift from a unipolar order to a multipolar framework, where emerging powers like China, India, and Russia are reshaping geopolitical and economic landscapes. Through its initiatives and collaborative projects, such as the Belt and Road Initiative, BRICS exemplifies a collective effort to redefine traditional power structures and foster new forms of global interaction. To better understand these dynamics, the research incorporates a bibliometric analysis of academic contributions on multipolarity, employing VOSviewer software to map trends and thematic connections within the field. By analyzing co-citation networks and identifying high-frequency terms, the study highlights the central nodes of scholarly debate, illustrating the growing academic interest in the transformative impact of BRICS. This approach not only underscores the significance of BRICS as a driver of global change but also demonstrates how tools like VOSviewer can provide a deeper, data-driven perspective on the complexities of the multipolar transition. The findings reveal how international cooperation and emerging alliances are redefining the contours of global governance and economic influence.
new world order, BRICS, economic development, multipolarity
Copyright (c) 2025 Daniela-Mihaela Neamţu, Irina-Ștefana Cibotariu https://creativecommons.org/licenses/by/4.0
E-Invoicing System In The Accounting Professionals' View - An Empirical Research
The digital transformation of the relationship between the private sector and the tax administration, through the implementation of the electronic invoicing system (RO e-Factura) represents a huge leap in the reform of public administration in Romania, with the potential to improve efficiency, reduce costs and simplify invoicing processes. In this context, the purpose of this study is to survey respondents' opinion on the implementation and application of RO e-Factura on operational efficiency, costs, tax compliance and environmental sustainability, highlighting the benefits for both companies and the business environment, ahead of the mandatory implementation, as of July 1, 2024. Thus, through the questionnaire, we aimed to obtain information on the level of familiarization with the e-invoicing concept, perceived benefits, obstacles encountered in the implementation of this system, as well as the level of readiness and interest in adopting e-invoices. The results obtained can provide useful guidance and information for the state and regulatory bodies that can use them in order to optimize the use of e-invoices in the public and private sector in Romania.
e-invoicing system, digitalization, perception of accounting professionals, tax fraud, operational efficiency
Copyright (c) 2024 Marian Socoliuc https://creativecommons.org/licenses/by/4.0
Multidimensional Analysis of Reproductive Health Indicators in Africa: A Clustering Approach for Identifying Disparities and Formulating Targeted Policies
This research aims to interpret the key reproductive health indicators of African countries using cluster analysis. By classifying these countries based on their reproductive health indicators, this study highlights their strengths and weaknesses in achieving the Sustainable Development Goals, particularly those related to ensuring maternal and child health, access to healthcare, protection of reproductive rights, combating sexually transmitted diseases and harmful practices, and reducing maternal and child mortality rates. A combined descriptive-analytical approach was employed, enabling us to provide a comprehensive overview reflecting the reality of reproductive health in Africa. Additionally, advanced statistical methods were utilized through the implementation of two of the most significant clustering techniques. Furthermore, the TANAGRA 1.4.50 software, which encompasses a broad array of algorithms used in exploratory statistics, data analysis, and processing, was leveraged. The latest data on reproductive health indicators for African countries (42 countries), compiled from the United Nations Development Programme and the United Nations Population Fund in 2023, were also employed. The study revealed significant disparities in reproductive health indicators among African countries. These countries were classified into four main groups based on their priorities, the severity of their situation, and a set of demographic, social, and economic characteristics. Additionally, the study confirmed the existence of African countries categorized as being at risk, necessitating urgent interventions through the adoption of comprehensive strategic plans to strengthen families and support their reproductive health.
Copyright (c) 2025 Djahid Saidoun, Mohamed Amine Belaidi, Ahmed Derdiche https://creativecommons.org/licenses/by/4.0
The Voice of Employers – their Suggestions for Optimizing the Relationship between the University and the Labor Market
The university and the labour market can no longer be considered as separate entities because they are deeply interconnected, and their relationship is characterised by mutual influence. In order to ensure this relationship is functional and beneficial for all parties involved, it is highly important not only to listen to employers’ voice (which is the initial step) but also to incorporate their feedback into institutional development strategies. Effective communication and collaboration between universities and the labour market must be continuously fostered to guarantee that graduates acquire the skills employers expect and that employers are satisfied with the training provided. This study aims to identify a set of effective solutions proposed by employers to enhance the quality of graduates’ skills. In order to answer four research questions, data were collected and processed from a broader survey, conducted via a questionnaire with 153 employers from “Vasile Alecsandri” University of Bacău (UBc) between July and September 2024. The gathered data were then compared and correlated with findings from a similar study conducted in the previous year, during the same months. The results obtained will help the substantiation of decision-making and action lines at the faculty and institutional levels aimed at improving graduates’ skills in response to the dynamic and challenging demands of the labour market.
Copyright (c) 2024 Venera-Mihaela Cojocariu, Marcela-Cornelia Danu, Elena Nechita, Cristina Cîrtiță-Buzoianu, Gabriel Mareș https://creativecommons.org/licenses/by/4.0
Key Professional Competencies for Graduates in the Job Market: An Analysis of Employer Expectations in 2024
This article presents some of the results of a study on the importance that employers attach to some of the professional competencies of university graduates, as well as on the level of satisfaction with graduates' competencies, respectively the need to improve them. The research was conducted at the level of a sample of 50 recruiters with reference to graduates of a higher education institution. The results of the research attest that for employers competencies such as: Teamwork, Specialized training – practical and theoretical, Communication Management of time, material resources and human resources, Critical and prospective thinking, Use of elements specific to digitization or information and communication technology are considered, on average, very important. It is also found that although they are satisfied or relatively satisfied with the competencies of graduates, employers consider it necessary for them to improve. This fact highlights the need for permanent improvement of employees' competencies as a way of adapting to the dynamics of the economic, social and technological environment in which organizations operate.
professional and transversal competencies
Copyright (c) 2024 Laura Timiras, Bogdan Nichifor, Luminița Zaiț, Aristița Rotilă, Oana Ancuța Stângaciu https://creativecommons.org/licenses/by/4.0
Non-Financial Information - An Important Information Source in Decision-Making in Romania Companies
Non-financial information, together with financial information, forms the complete data set necessary to evaluate a company today. The purpose of this research paper is to survey representatives of 127 companies in Romania in order to present the situation regarding the importance of non-financial information, as well as to classify the most representative non-financial information for the analyzed economic entities. The first objective is to review the specialized literature on the topic of non-financial information and CSR (Corporate Social Responsibility), and the second objective is focused on the analysis of the companies in the research sample. The results consist of providing an overview of the companies in Romania regarding the usefulness of non-financial information in the decision-making process and the ranking of the most representative non-monetary information for these companies. The companies included in the sample were analyzed between January 2023 and October 2023.
Copyright (c) 2025 Ancuța-Anisia Chelba, Irina-Ștefana Cibotariu https://creativecommons.org/licenses/by/4.0
Financial Communication in Crisis Situations
Financial communication plays a key role in shaping stakeholders' decision-making processes, acquiring even greater importance in today's turbulent global landscape marked by various overlapping crises. Thus, the aim of the research revolves around a theoretical exploration, supported by a bibliometric analysis, to emphasize the intrinsic importance of financial communication. The research methodology is based on a bibliometric analysis of 3,000 scientific papers indexed in the Web of Science database, from 1975 to 2023, focusing on financial communication. To facilitate this analysis, specialized software tools for data processing and bibliometric exploration, namely VOSviewer and Bibliometrix, were used. The research findings underline the complexity and interdependence of the financial communication process in organizations, highlighting its evolution from transparency and reduction of information asymmetry in periods of stability, to the need for rapid adoption of digital technologies and integration of ESG dimensions during recent crises, all of which are essential to meet stakeholders' demands and maintain investors' trust.
Copyright (c) 2024 Anatol Melega, Veronica Grosu, Corina Petrescu https://creativecommons.org/licenses/by/4.0
The Evolution of the Romanian Local Administration Budget between 2014-2023 for Environmental Protection
This study analyzes the Romanian local administration budget for environmental protection from 2014 to 2023. Positioned as the second-most significant budget within Romania's consolidated financial structure, the local administration budget has faced increasing demands to meet environmental objectives. With international pressures, particularly from the European Union, environmental budgeting is essential to align with sustainability goals and counter environmental degradation. This paper explores the evolution of budget allocations at the national, regional, and local levels, focusing on disparities among development regions, including a detailed case study of the Centre Region. Using descriptive statistics and comparative analysis, the study assesses environmental spending by administrative units, distinguishing between communes, cities, and municipalities. Furthermore, the research employs ANOVA and Tukey tests to identify significant differences in budget allocations across regions and within the Centre Region, emphasizing variances between urban and rural funding levels. Findings reveal fluctuations in funding consistency, regional disparities, and trends in per capita allocations that underscore the differences in budgetary emphasis on environmental protection. This analysis highlights the critical role of localized environmental protection spending in supporting Romania’s environmental and public health outcomes and contributes to broader discussions on sustainable public finance strategies.
local administration budget; enviromental protection expenses; development regions; Center Region; Commune; City; Municipality
Copyright (c) 2024 Csongor Csősz https://creativecommons.org/licenses/by/4.0
Activity of The Resident Population in The North-East Region at the 2021 Census
The present paper starts from the analysis of the first definitive data on the resident and active population, published for the population census of December 1, 2021, both at the level of the North-East Region compared to the national level, and at the component counties. The evolution of the population and the labor force was analyzed with its main component, the employed population, both dynamically compared to the previous census, and in more detail according to different criteria for the situation existing on December 1, 2021. If the NE Region lost 2.29% of its resident population between the last two censuses, the active population decreased in a higher proportion (-19.08%), compared to the dynamics of the inactive population (+12.44%). This led to a decrease of the employed population by 21.95% (-316.4 thousand people). Agriculture remains the main activity of the region's population, representing 35.24% of this activity at the national level and 28% of the total employed population at the regional level. Although it is the largest region numerically, due to the lower degree of economic development of the area, a higher level of poverty, a lower offer of well-paid jobs, a significant part of the labor force tends to migrate to other places in the country or in other states, with consequences for the entire balance.
Copyright (c) 2024 Eugenia Harja, Oana Ancuța Stângaciu https://creativecommons.org/licenses/by/4.0
Effect of firm size and firm profitability on earning management among listed firms on Nigeria Exchange Group
The main objective of the study is to evaluate the effect of firm size and firm profitability on earning management among listed firms on Nigeria Exchange Group. This study specifically seeks to ascertain the effect of firm size and firm profitability on both accrual-based earnings management and real earnings management activities. The study focused on non-financial listed firms on Nigeria Exchange Group for the period of 2013 to 2023. The study adopted ex post facto research design and purposive sampling was used to select sample population. Secondary source of data was extracted from financial reports and accounts of sample firms from either companies’ corporate web site or Nigeria Exchange Group Factbooks. This study found that firm size and firm profitability affects both discretionary accruals management and real earnings management. the study recommends among others that since profitable firms tend to engage in both discretionary accruals management and real earnings management. Though profitability showed management’s ability to generate profit, financial regulators should encourage them to improve their financial reporting quality and reduce earning management practice.
earning management; accrual-based earnings management; real earnings management; firm size; firm profitability
Copyright (c) 2024 Segun Idowu Adeniyi https://creativecommons.org/licenses/by/4.0
The Demographic Profile of The Population in Small, Medium and Large-Sized Cities in Romania
The present study analyzes the demographic profile of the population by categories of urban localities, categories established according to the number of inhabitants, respectively very small, small, medium and large-sized cities. The main conclusions from this study would be that approximately 40% of the Romanian population lives in medium and large cities, the average age of the population in very small and small towns is lower than that in larger cities, the share of the population whose domicile coincides with residence is higher in smaller cities compared to larger ones, and the distribution of the main ethnicities highlights a slightly asymmetric territorial distribution within the Hungarian ethnic group (there are localities with very high percentages of this ethnic group) and a symmetrical distribution for the Romany ethnic group.
very small, small, medium and large-sized cities
Copyright (c) 2024 Oana-Ancuța Stângaciu, Eugenia Harja https://creativecommons.org/licenses/by/4.0
Bibliometric Insights into TV Advertising Research: Trends, Challenges, and Continued Relevance in the Digital Age
Bibliometric analysis has been employed for several years across various fields to identify the existing body of science related to a specific discipline or topic. However, such a research approach has not been applied to TV advertising. This article proposes the use of bibliometric analysis to discern trends in research activity related to TV advertising. The motivation for this approach stems from the fact that traditional media advertising is currently facing "pressure" from online platforms. This pressure is evident not only from the perspective of companies and their communication strategies but also in terms of research emphasis. We sought to determine whether researchers still maintain an interest in this subject. Through our analysis, we found that TV advertising remains a topic of interest for researchers. Moreover, their focus aligns with a pragmatic philosophy, emphasizing areas such as impact, communication, media, and consumption – topics that are crucial when deliberating about budgets and communication ROI.
Copyright (c) 2024 Bogdan Nichifor, Luminița Zaiț, Laura Timiras https://creativecommons.org/licenses/by/4.0
Globalization and Inflation Nexus in South Africa: An Empirical Investigation
The impact of globalisation on inflation is investigated for South Africa using annual time series data from 1990 to 2022. The study was motivated by the need to establish if the notion that globalisation leads to a decrease in prices in the domestic economy still holds water for South Africa. The study employs ARDL to explore the nature of the relationship between globalisation and inflation. Using trade openness as a measure of globalisation and the rate of change of the consumer price index as a measure of inflation, the study found globalisation to worsen inflation pressures in South Africa irrespective of the timeframe considered. Thus, South African authorities need to put measures in place to reduce the impact of globalisation on price levels. Policy implications are discussed
Copyright (c) 2024 Mmathapelo De Jenga https://creativecommons.org/licenses/by/4.0
DIGITAL MARKETING IN POST-PANDEMIC CONDITIONS
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.
Copyright (c) 2022 STUDIES AND SCIENTIFIC RESEARCHES. ECONOMICS EDITION
CLUSTERING BASED BIBLIOMETRIC ANALYSIS OF THE BUSINESS PERFORMANCE CONCEPT
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.
SOME PUBLIC POLICY INSTRUMENTS INITIATED IN ROMANIA IN THE COVID-19 CONTEXT
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.
CONCEPTUAL CAUSAL FRAMEWORK TO ASSESS THE IMPACT OF COVID 19 ON ENERGY TRANSITION
The current crisis demonstrates the critical role that energy plays in our lives. The vulnerability of some of us in relation to an essential daily service illustrates that public policies need to be strengthened to deliver a resilient and fair market in which the consumer takes centre stage. The pandemic has given rise to additional imbalances that risk further undermining social cohesion and the mechanisms of democracy. In this context, it is necessary to develop a solidarity pact to protect the most vulnerable in the context of current and future crises and to address growing social inequalities with a focus on the health and well-being of vulnerable populations. The aim of this paper is to build through data analysis some arguments on the impact of legislative measures applied in Romania on the phenomenon of poverty that must be taken into account in any approach to the concept of energy poverty, according to the literature, the recommendations of European institutions and the experiences of other countries.
Copyright (c) 2023 STUDIES AND SCIENTIFIC RESEARCHES. ECONOMICS EDITION
The Impact of Urbanization on Energy Consumption In South Africa: An Empirical Investigation
The purpose of this paper is to examine the impact of urbanization on energy consumption in the case of South Africa. To empirically estimate this, the study employed the autoregressive distributed lag (ARDL) approach and annual time series data covering the period from 1983 to 2021. In this study, urbanization and energy consumption are measured through the total urban population as a share of the total population and total energy consumption per capita, respectively. The findings from the ARDL cointegration test confirm that an increase in urbanization leads to a short-run increase and a long-run decrease in energy consumption. The results further confirm that an increase in economic growth leads to a long-run and short-run increase in energy consumption. It was also found that financial development leads to a long-run increase in energy consumption, while its first lagged values lead to a short-run decline. Foreign direct investment was found to have no significant impact on energy consumption both in the long run and short run.
Copyright (c) 2024 Nomfundo Portia Vacu-Ngqila, Nicholas Mbaya Odhiambo https://creativecommons.org/licenses/by/4.0
Fiscal - Economic Perspectives in Promoting Sustainable Development of National Economies
In recent years, sustainable development has become a topic of major interest, aiming not only at economic growth, but also at enhancing social welfare and protecting the environment. The aim of this research is to analyse the role of taxation in promoting sustainable development and to assess how taxes affect the economy, the environment and society. The study is based on data collected from 163 national economies and uses statistical methods to examine the impact of the tax burden on sustainable development in national economies. The results show that tax dynamics significantly influence economic growth, the sustainability of national economies and social welfare. Furthermore, the article highlights the importance of tax policy in achieving sustainable development goals and suggests adopting a balanced approach to taxation that takes into account economic, social and environmental aspects. This research contributes to expanding knowledge in the field of sustainable development of national economies, providing a new perspective on the relationship between sustainable development and the tax burden.
Copyright (c) 2024 Anatol Melega, Veronica Grosu, Mihaela Tulvinschi https://creativecommons.org/licenses/by/4.0
Empirical Analysis of Sustainable Performance in Relation to Stock Exchange Performance: Evidence from Romania
Given the substantial advancements in worldwide financial markets and the sharp increase in sustainability concerns, this article proposes an incursion into the empirical analysis of the interaction between companies' sustainable performance and stock market performance, focusing on the specificities of the Romanian financial market. It emphasizes the importance of a comprehensive approach that goes beyond simple financial figure analysis to include aspects such as sustainability, corporate governance, and social impact. The article aims to shed light on this complex relationship through rigorous empirical analysis applied to data specific to the Romanian market. We will thoroughly investigate the connections between companies' sustainability practices and the evolution of stock prices, taking into account the economic particularities of Romania, culminating with the estimation of a multiple linear regression model. Our study reveals that there is a correlation between the market capitalization of a company, its corporate performance and the specific industry or sector in which it operates.
Copyright (c) 2024 VILENA TISCENCO https://creativecommons.org/licenses/by/4.0
A Study on Post-Taukte (Cyclone) Impact on Economic Recovery of People of Jafrabad City
Natural calamities have always been disastrous for the people who are affected by it. Taukte cyclone had hit Sourthern Saurashtra area of Gujarat state on 17th May 2021. Through this research paper, researchers have tried to find the loss of assets and loss of income of people of Jafrabad city, which is situated on costal area of Arabian Sea due to devastating effect of Taukte. This study focuses on recovery period of the damaged assets and normalization of income of affected people. A structured questionnaire used to collect the primary data from 433 respondents of this region. It was the challenging task for researchers to collect data from the respondents as they could not balm their wounds, however the main purpose of this study is to analyse recovery period with regard to assets and income of the people of this badly affected area. To know the association with demographic variables, Chi-square technique has been used by the researchers. It has been found that there is no significant association for recovery period for assets and gender and occupation of the respondents while for recovery period of income gender has association but occupation does not have association.
Copyright (c) 2024 KALPESH PARESHBHAI GANDHI, VIRALKUMAR MANIKANT SHILU https://creativecommons.org/licenses/by/4.0
THE ROLE OF PERCEIVED EASE OF USE AND PERCEIVED RISK TOWARDS E-COMMERCE PAYLATER ADOPTION IN INDONESIA
The aim of this study is to examine the effect of Perceived Ease of Use and Perceived Risk as a multi-dimension faceted on Behavioral Intention of Paylater users in e-commerce at Greater Jakarta area in Indonesia. This research applied a quantitative method. The data collection methods used in this research were distributing the questionnaire to e-commerce platforms and paylater users. Behavioral Intention was analyzed by adopting TAM (Technology Acceptance Model) framework and incorporating perceived risk as one of the resistor factors in the model. Based on the results, it was discovered that Perceived Ease of Use significantly affects Behavioral Intention through Perceived Usefulness. The findings also indicate that Perceived Usefulness affects Behavioral Intention and is considered the biggest factor in affecting Behavioral Intention.
Copyright (c) 2024 Toto Edrinal Sebayang, Alvin Nicholaus Sheldon, Budy Rezky Hendryanto
EMPLOYEE UNDERSTANDING OF ARTIFICIAL INTELLIGENCE: A PRELIMINARY STUDY IN INDONESIA FINANCIAL SECTOR INDUSTRY
The emergence of artificial intelligence (AI) in the financial services industry is driven by increased demand for financial regulation, the need for profitability, and competition between companies. Despite the heightened importance of this new technology, there has been a gap in knowledge regarding the use of AI in financial services. This study aims to provide preliminary research to explore the level of understanding of middle level managers in the context of artificial intelligence usage in marketing activities. The sample is 11 managers from banking, fintech and other financial sectors. The findings provide guidance for organizations in terms of usage and knowledge of AI in the sector.
Copyright (c) 2024 Hayu Prabowo, Nuri Wulandari, Siska Wulandari
UTAUT 2 (UNIFIED THEORY OF ACCEPTANCE AND USE OF TECHNOLOGY-2) AND TRUST INTEGRATION MODEL TOWARDS BEHAVIORAL INTENTION TO CONTINUE, WILLINGNESS TO RECOMMEND, AND LEVEL OF USE
This research uses the integration model of UTAUT 2 and Trust by testing the constructs of Performance Expectancy, Effort Expectancy, Social Influence, Facilitating Condition, Hedonic Motivation, Habit, Price Value, and Trust as forming Behavioral Intention to Continue and their implications for Willingness to Recommend and Level of Use. Data was collected using a survey method with 102 Permata Mobile X user respondents who actively used Permata Mobile X. The questionnaire was distributed via Google Forms, and the data was processed using the Partial Least Square Structural Equation Model approach with the help of SmartPLS 3.0 software. The results of this research are that Performance Expectancy and Social Influence are proven to affect behavioral intention to continue positively. Furthermore, Behavioral Intention to Continue has been proven to positively affect Willingness to Recommend and Level of Use. Meanwhile, other hypotheses have not shown significant facts. Several managerial implications were explained at the end of the paper.
Copyright (c) 2024 Nevi Arisona, Whony Rofianto, Anna Riana Putriya
THE INFLUENCE OF E-SERVICE QUALITY ON CONTINUANCE INTENTION MEDIATED BY CUSTOMER TRUST AND CUSTOMER SATISFACTION IN THE USAGE OF MOBILE HEALTH APPLICATION
This study aims to analyze the effect of e-service quality on continuance intention which is mediated by customer trust and customer satisfaction on mobile health applications user. Methods of data collection techniques using non- probability sampling with the purposive sampling method. Data were collected from 280 respondents with the criteria of mobile health application users in Indonesia. Questionnaires were distributed via Google form and consisted of 28 statements which were answered based on five Likert scales. The analytical method used in this study is Structural Equation Model (SEM). The results showed that e-service quality has a positive effect on continuance intention, e- service quality has a positive effect on customer trust, customer trust has a positive effect on continuance intention, and e-service quality has a positive effect on continuance intention mediated by customer trust partially. In addition, customer trust has a positive effect on customer satisfaction. However, electronic service quality does not have a positive effect on customer satisfaction, customer satisfaction also does not have a positive effect on continuance intentions, and customer satisfaction does not have a mediating effect between electronic service quality on continuance intentions. This research is used as evaluation material for mobile health applications to improve e-service quality to shape customer trust and customer satisfaction and gain user continuance intention for using mobile health application.
Copyright (c) 2024 Anitha Soleha Satria, Kurniawati Kurniawati
RECOGNITION OF INTANGIBLE ASSETS, FRAMING THE DEBATE
For some organizations, the rapid pace of economic growth, the digital revolution, and the globalization of business meant creating or acquiring intangible assets. These assets have grown in significance for determining a company's global value and for promoting economic prosperity, while also serving as a catalyst for the creation of added value. In this way, drawing on specialized literature, the article's aim is to pinpoint and compile the primary problems that occur when an economic entity's market value surpasses its accounting value, Additionally, we want to draw attention to the primary connections that exist between intangible assets, market value, and entity performance. In this respect, only those studies that focused on the valuation of intangible assets in relation to various concepts (competitive advantage, firm value, firm performance, innovative processes, corporate governance, etc.) have been selected, all these studies being undertaken at the level of listed or unlisted entities at national level. This study shows that important internally generated intangible assets (goodwill, intellectual capital, brand etc.) are not well understood, identified, managed, or consistently reported within an entity in Romanian annual financial reports.
Copyright (c) 2024 Cristina Gabriela Cosmulese
ANALYSIS BY COHORT OF THE BACCALAUREATE GRADUATES AND HIGHER STUDIES GRADUATES – TERRITORIAL DISPARITIES IN ROMANIA
The present work aims to analyze the dynamics of the higher education graduates by cohort according to the evolution of the number of baccalaureate graduates by region and county. There are gaps between the different areas, in favor of the more developed ones. Apart from the city of Bucharest, counties such as Cluj, Timiș, Brașov, Sibiu, Arad, which attract young people from other areas of the country and because of the better offer of employment upon completion of studies, stand out. The conclusions of this analysis based on the data of the official statistics confirm the existence of disparities in the territorial profile, between the poorer areas of the country and the most developed, being appropriate a coherent policy to favor these areas in granting funds for a higher education accessible to the population.
Copyright (c) 2023 Oana-Ancuța Stângaciu, Eugenia Harja, Daniela Măgirescu