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The purpose of this paper is to assess the financial performance of Romanian banks involved in M&A activities, as target banks, over a period of 10 years (1998-2008).  Performance is analyzed in terms of profitability by using traditional accounting measures: ROE, ROA and NIM. Post-M&A…

Triggered by the need to make decisions concerning the purchase or investment in new economic entities, with correct and detailed information on their status and economic development conditions, the due diligence process identifies ever better its role and meaning. Knowing the impact generated by the…

Building on the stakeholder theory, this paper proposes a conceptual framework that looks into the effects of ethical and socially responsible practices on the financial and non-financial performance of SME in Malaysia.  This paper argues that ethical and socially responsible commercial practices are seen critical…

This paper aims to present the quality of life for employees in Romania and Hungary, emphasizing that of the highly qualified employees, according to some academic and business journals in these two countries. The research methodology consisted of a content analysis performed on six Romanian…

Lately, online games have been gaining increasing attention as an outlet.  In “positive psychology”, Csikszentmihalyi (1991) found out that a large part of happiness is achieved by voluntary activities - half of which is determined by flow.  Csikszentmihalyi studied people’s inner states while pursuing activities…

The present paper shows the discussion and results of the research that simulated the fluctuation of the US Consumer Credit (CONS) using Artificial Neural Network (ANN). The research had several objectives, like: building, training and using an ANN as a possible tool for decision making,…

This paper suggests and tests a scale to measure perceived deception in advertising based on the recommendations of Churchill (1979) and Gerbing and Anderson (1988). A literature review and a qualitative study allowed us to generate a set of items. The results of two studies,…

Current business environment is highly competitive. Nevertheless, the organisations have to manage their activities and operate under such uncertain and hard conditions. It remains important that this environment can be identified not only at the organisational level, but also at the national level, where particular…

In developing countries characterized by relatively small domestic markets, local firms may have to internationalize in order to realize their growth potential. Despite the formidable challenges that may accompany the internationalization process, globally-oriented managers and domestic policymakers may effectively craft coherent export-promotion strategies and policies,…

The recent famous financial frauds have demonstrated that in many cases the auditor was either responsible for or an accomplice in their manifestation. Thus, the auditor plays an important role in ensuring a true and fair view regarding the financial position and performance of the…