In this interdisciplinary paper we build on the work of John Henry (2004) by examining a recent edition of a corpus of medieval Arabic documents which describes aspects of the social, political and financial relationships between Islamic Egypt and Christian Nubia, Arabic Documents from Medieval Nubia (Khan, 2024). We highlight how the corpus has provided further evidence in support of the...
In Italy, the Law 30/12/2010, n. 240, “Regulations regarding the organization of universities, academic staff and recruitment, as well as delegation to the Government to encourage the quality and efficiency of the university system”, represents the starting point of the reform launched by the Bologna Process in 1999.
The Bologna Process was born in 1999 as an intergovernmental collaboration...
Economic stagnation represents a complex and evolving macroeconomic phenomenon that continues to challenge economists, policymakers, and institutions worldwide. Although it lacks a universally accepted definition, economic stagnation broadly refers to a prolonged period of subdued or near-zero growth in Real Gross Domestic Product (RGDP), distinct from recessions, which are marked by two...
In the context of the digital economy, language accessibility has become a vital element of equitable participation in communication, digital engagement, and the preservation of linguistic diversity. As digital platforms evolve into major channels of interaction, the availability—or lack—of virtual keyboards significantly affects the usability of many languages. While globally dominant...
Digital Economy and Management is an aspect that explores how digital technologies, online platforms, and data-driven practices influence economic behavior and management strategies. It examines how digital communication, social structures, and cultural norms intersect with economic actions, particularly in a globalized environment. This study analyzes the usage of English-derived words in...
Comparing Poland to other EU countries (especially Western European countries), it can be seen that the Polish mortgage market still has a huge potential. This is indicated by the share of mortgages in GDP, the percentage of households burdened with a mortgage, and finally the level of household burden with a mortgage. The Polish mortgage market is highly concentrated, because only 5 banks are...
ABSTRACT
This article analyses the impact of Rumunia trade with 78 selected countries and crytocurency minig on Rumunia Actual-Open CO₂ Emissions (EAO) from 2000 to 2020, especially concerning the European Union’s CO₂ emission reduction policies active during that period. The countries selected for analysis were identified based on trade significance, emissions data availability, and...
Heterodox economics is an umbrella for a plethora of economic approaches (e.g. Austrian economics, Institutional economics, ecological economics, Feminist economics, etc.) that is attempting to offer alternative economic policies to the mainstream economics model. The latest developments in the science behind environmental and climate change have demonstrated a failure of the mainstream...
Abstract : The strategic integration of Artificial Intelligence (AI) and Big Data analytics is rapidly transforming corporate business models, reshaping competitive dynamics, and influencing financial outcomes. As digital capabilities become critical to sustaining market leadership, understanding the financial return on technology investment is increasingly essential. This study examines the...
The purpose of this paper is to present a novel methodology for profiling household sustainable consumption scores. The profiling starts with initial clusterisation with 3 clusters. The analysis continues with profiling of clusters by the main segmentations criteria (sub-segmentation). The used dataset contains 2117 rows. These are households from Varna, Sofia and Svishtov, surveyed in 2021...
In the context of growing ecological and social pressures, regenerative business models are emerging as the new imperative in sustainable business development. This concept goes beyond traditional sustainability approaches, proposing a form of economic organization that not only minimizes negative environmental impact but actively contributes to restoring, renewing, and revitalizing its...
Ensuring sustainable economic development that supports and protects humanity's long-term existence is one of the most pressing challenges of the 21st century. Through its transformative character, education serves as a catalyst and a key determinant in achieving this goal. Environmental education is essential as a conservation tool that facilitates collaboration among researchers,...
In a rapidly evolving economic and technological landscape, professional social networks (PSNs) have emerged as strategic infrastructures that reshape managerial practices and redefine organizational competitiveness. This study offers a comprehensive, literature-based analysis of the influence exerted by PSNs on managerial competitiveness and organizational development, with particular...
Background: The EU plays a key role in the global response to climate change by applying various mitigation instruments of legal, fiscal, and policy nature. On top of this list, environmental taxation is the central strategy to combat pollution while rewarding sustainable customs. Still, the lengths to which this revenue has the desired effect are unknown.
Brief Literature Review: The EU's...
Small and medium-sized enterprises (SMEs) are the backbone of the European economy, accounting for over 99% of all businesses and generating around two-thirds of total private sector employment (European Commission, 2023). Yet, despite their strategic importance, SMEs often struggle to adopt innovation, particularly in navigating digital transformation and the green transition. Traditional...
The study examines the role of age, education, and family in the entrepreneurial activities of Start-Up founders in Greece. The study focuses exclusively on Greek Start-Up founders, analyzing trends and specific impacts within the Greek economic environment. The Greek Start-Up ecosystem has evolved significantly since 2018, despite Greece's low ranking in the Economic Freedom Index and the...
The current economic climate, characterized by inflation, crises, restructuring, labor market fluctuations, and rapid technological change, presents significant challenges to companies, particularly within the automotive industry. This sector is vulnerable to macroeconomic shifts such as rising material and labor costs, with HR departments playing a critical role in navigating these...
The importance of local brands is widely accepted but despite a large body of academic research in areas such as place branding and place-of-origin effects, there is little understanding of what factors drive consumers’ preference for buying and producers’ willingness to participate in the development of local and/or regional brands that would be featured on their products’ labels. A place...
The Value Added Tax (VAT) was first introduced in France in 1954 and later harmonized at the European level in 1967, becoming a cornerstone of modern tax systems. Although VAT is considered a neutral tax for companies, its collection and deduction mechanism makes it vulnerable to fraud, especially in the context of international transactions. Romania, despite applying relatively low rates...
Abstract: This study investigates the relationship between the proportion of employed ICT specialists in the workforce and the adoption of artificial intelligence (AI) technologies by enterprises across 27 European Union countries during the period 2021–2023. The primary aim is to assess whether a higher share of ICT professionals is associated with increased AI adoption and to determine if...
Companies can achieve their objectives by drawing on social relationships. One form of social relationships found at the disposal of a company are those held through the means of its directors’ affiliations. Thus, this study sets out to establish whether or not board affiliations have a positive impact on corporate financial performance. We make use of the extensive financial and non-financial...
The purpose of this systematic literature review is to examine the most recent research on the use of language in Instagram influencer marketing. It focuses on trends and patterns in statistical methods, methodological designs, and theoretical frameworks in an attempt to provide a basis for further research in this quickly developing area. The review addresses the research question: “How is...
Considering the growing demand for data analytics and the increasing development of data analytical tools, the present study aims to provide a summative state-of-the-art of the available literature on the impact of data analytics on decision-making and business performance.
Businesses that effectively harness the power of data analytics can achieve enhanced performance and sustained...
Abstract
This study investigates the impact of FinTech adoption on traditional financial inclusion across ten emerging and less developed economies in Eastern Europe over the period 2010–2023. Unlike prior research that has mainly focused on other underdeveloped markets, this paper explores a unique blend of EU and non-EU countries capturing the heterogeneity of digital infrastructure,...
Evelyn Sabo1
1) Babeș-Bolyai University Cluj-Napoca, Romania.
E-mail: evelyn.sabo@ubbcluj.ro
Abstract
Purpose/objectives: This paper attempts to highlight and compare the perspectives/approaches of contemporary research regarding the distinction between consumers attitude and behaviour in sustainable fashion consumption.
Design/methodology: A systematic, critical literature...
This paper investigates how Design Thinking can be integrated with rigorous econometric analysis to promote sustainable practices within the digital economy. The study is driven by the aim of understanding how digital platforms can be reengineered to support sustainable consumption and facilitate the transition toward a circular economy. By examining the interplay between digital innovation...
Sustainable consumer behaviour is critical to achieving global sustainability goals. In this direction, the role of brands and their positioning in the target markets as sustainable undoubtedly plays a big role. However, for consumer behaviour to be defined as sustainable, at least two conditions are needed. The first one is that the Sustainable Development Goals are perceived as important and...
This research aims to analyse the impact that salary benefits and salary increases have on the employer, employee, and the state. The main objective of the research is to identify the preferences of each party involved. The objective is pursued by answering three main questions: What does an employee prefer: salary benefits or salary increases? What implications do these have for the employer?...
The paper aims to assess and point out the potential that rural entrepreneurship holds in Romania and its positive impact upon the development of the local communities -economic value added and improving the standards of living, education, preserving natural patrimony and promoting local cultural and culinary heritage.
Nevertheless, the purpose of our study is not only to point out the...
Issuing eurobonds, mostly 30 years government bonds, is a right that the European Commission has according to the European Treaty.
It does not need prior approval as long as the own means of the EU are not increased because of the loans. The European Commission uses this right already since 1976 so eurobonds are nothing new. In 1977 the European Commission issued eurobonds, or EU bonds as it...
The gender pay gap phenomenon has become an important issue over the last years as it affects significantly the economy of women and, therefore, their independency and autonomy. Stereotypes, gender roles and biases are some of the causes of labor inequality between men and women globally. This phenomenon influences the professional opportunities as well as the economic and career advancement...
The digital transformation process has brought profound changes across diverse social and professional domains, reshaping traditional processes through the use of technologies that increase efficiency, accuracy, and adaptability. Learning systems are among the areas significantly affected by technological progress. Therefore, technology-enhanced learning (TEL) has become a key concept in...
This paper explores the influence of European Union funding on the sustainable development of rural areas in Romania over the 2014–2023 period. Focusing on instruments such as the European Agricultural Fund for Rural Development (EAFRD) and Cohesion Policy mechanisms, the study aims to assess how financial support has impacted key dimensions of rural sustainability, including economic...
Abstract:
Value Added Tax is a pivotal component of modern tax systems, representing a significant source of revenue for governments worldwide. Understanding the factors that contribute to the VAT gap is crucial for policymakers, as it highlights areas where tax compliance can be improved and revenue losses can be minimized.
This study aims to identify and analyse the determinants of the...
The rise of online platforms has fundamentally transformed the tourism industry, enabling global sharing of consumer experiences and opinions, consequently amplifying the importance of online reviews. These digital evaluations now constitute a significant informational resource for prospective travelers and a powerful determinant shaping the perceptions and behaviors of tourism organizations....
The lifestyles of individuals, communities, and businesses worldwide have been impacted by corruption, which is increasingly prevalent and diverse. Consequently, scholars and various authors have engaged in the study of this topic; a plethora of specialist works have been released that analyze both the concept of corruption and the notion of anti-corruption strategy. The primary goal of this...
As global efforts to tackle climate change accelerate, harmonising financial regulation with sustainability objectives has emerged as a crucial yet inconsistent endeavour across different economies. This study examines the global landscape of green finance regulation by identifying critical gaps and structural disparities in policy coherence, implementation, and effectiveness between developed...
This paper provides a comprehensive overview of behavioral finance literature, focusing on key contributions and notable advances over the past 25 years. Behavioral finance has challenged the classical paradigm of efficient markets and rational agents and has shaped the psychological perspective of investment strategies. The review was based on the search for English-language articles in Web...
As Africa continues to navigate rapid political, economic, and institutional change, understanding patterns of governance across the continent is essential. Attaining a clear and exhaustive picture of governance dynamics in Africa is critical in analyzing the continent’s broader economic development and investment landscape. Governance quality influences key economic outcomes, including market...
Background: Digital technology significantly affects various aspects of the economy, such as economic growth, innovation, overall quality of life, and sustainable development. Given the gaps in EU administrative and governance policies, the importance of digitising governance is becoming evident in promoting economic prosperity.
Brief Literature Review: Research in the digital economy has...
Stock market price forecasting represents a challenge due to the inherent complexity, non-linearity, and volatility present in financial time series. Classical methods such as ARIMA have long been employed for forecasting financial data due to their ease of interpretation and solid theoretical foundations. However, such linear models face limitations in accurately capturing complex and...
Economic growth in Romania has been significantly influenced by migration dynamics, marked by increased immigration and sustained emigration. This dual challenge affects economic stability, labor market supply, and demographic balance. While the arrival of immigrants, especially from Ukraine since 2022, has temporarily boosted the labor force and contributed to economic growth, the ongoing...
Introduction/Purpose/Objective: The research explores the differences in digital public administration across EU member countries using the Digital Economy and Society Index (DESI) scores from 2018 to 2024. With the EU's ambitious digital agenda under the Digital Decade, it is important to evaluate national progress. The purpose of this study is to identify trends of digital transformation in...
Financial reporting is a fundamental tool in the faithful reflection of a company's activity, holding a dominant position in the information infrastructure of modern and efficient economies. Annual reports published by companies include both quantitative information and narrative components, designed to provide a comprehensive picture of companies' performance and financial position. The...
The war in Europe, in Ukraine, once again highlights that the battles of the great powers are fought for territories and resources. In this context, the circular economy comes to respond to the increased needs for resources and capabilities, putting into a new, integrative paradigm, everything we knew about the economy and society until then. Circularity strategies, such as recycling, reuse,...
Social media platforms have become a ubiquitous presence in contemporary life, profoundly influencing the way we communicate, learn, and interact. The new generations – Generation Z and Generation Alpha – have grown up in a highly digitalized environment, becoming familiar with information technologies and social platforms from an early age. However, this rapid technological development has...
Abstract
This study makes a valuable contribution to management science by analyzing the role of artificial intelligence (AI) in influencing employee well-being within the human resources (HR) field. Amid ongoing transformations in the workplace such as the growth of remote work, increasing stress, and evolving demands in talent management AI is being increasingly recognized not only for its...
Digitalization is a key driver of rapid development, transformation, and evolution, expanding the scope of transactions, improving efficiency, and having a strong impact on global economic growth. Technological progress is continuous, the Internet is widespread, and investments in technology have become a major trend in company development. Amid worsening macroeconomic indicators caused by...
Economic growth in Romania has been significantly influenced by migration trends in recent years, particularly marked by increased immigration and sustained high levels of emigration. This dynamic presents a unique challenge to Romania’s labor market and demographic stability, shaping the country's economic trajectory. The recent surge in non-EU immigration, particularly due to the influx of...
An essential component of the Smart City concept is traffic, which has a significant impact on the population's well-being and the city's overall economic vitality. The paper aims to propose a new method for Testing and evaluating the Effectiveness of a new Traffic Management System.
The method defined here is the final phase of a complex research project with a general objective of...
Over the past decade, data centers have evolved from auxiliary digital infrastructure into central nodes of economic value creation, shaping how capital, labor, and energy are allocated across sectors.
This paper examines the evolution of data centres as a substantial economic entity, exploring their macroeconomic impact with an emphasis on GDP contribution, job creation, infrastructure...
This paper analyzes how EU member states in the Balkans integrate research and development (R&D) priorities into their National Recovery and Resilience Plans (NRRPs), focusing on Romania and Greece, with an extended framework that includes Bulgaria and Croatia. The research investigates the extent to which R&D strategies contribute to long-term innovation capacity, structural modernization,...
Smoking remains a significant public health and economic burden, despite substantial governmental investments in cessation efforts. This systematic review aims to synthesize existing research on the effectiveness of information-based smoking cessation campaigns, focusing on their effect and associated costs. We conducted a comprehensive search on Web of Science, initially yielding 920 articles...
Abstract: The evaluation of the students’ educational performance at the global level is representing a key tool in understanding the factors that influence learning and academic success. The Programme for International Student Assessment (PISA) surveys, conducted by the Organisation for Economic Co-operation and Development (OECD), provide a standardized measure of students’ abilities in...
In an era of swift technological progress, shifting economic conditions, and modifying societal trends, contemporary businesses are facing with the challenge of having to continually adjust to the constantly changing demands of consumers. Customers’ preferences are becoming increasing unpredictable, due to factors like immediate access to information, greater global competition, and also the...
Remote work, teleworking or working from home is usually defined as a flexible work arrangement that allows employees to do their jobs outside the designated office area (Brynjolfsson et al., 2023). This shift, had profound implications for the real estate market, particularly in housing prices and the spatial preferences of households (Mondragon and Wieland, 2022). Between 2019 and 2021,...
Leadership plays a crucial role in ensuring that employees move in the same direction together and channel their efforts in a synergistic way. Leadership is not just about transmitting tasks or giving directions, but about motivating, inspiring, exemplifying, and guiding people towards achieving meaningful goals that they may not otherwise address. The goal of our study is to analyze the...
This paper provides an overview of the topic of “ESG ratings divergence,” a subject that has seen exponential growth in the past three years. Using a bibliometric approach, it examines the academic literature published and indexed in the Scopus and WOS database with the help of VOSviewer
The village of Biertan, recipient of the first-place award in the Destination of the Year 2024 Competition – Storybook Village category, represents a site rich in history and narratives, situated at the confluence of several cultures coexisting in Transylvania, including the Saxons, Romanians, and Roma communities. Recognized as a UNESCO World Heritage Site and counted among the most...
The global freelance market has evolved into a dynamic and central pillar of the digital economy, fueled by demographic transitions, platform innovations, and new attitudes toward flexible work. This article examines key trends, workforce characteristics, and challenges shaping the freelance platform economy by synthesizing data and insights from three major industry reports issued by Upwork,...
Cultural tourism is one of the fastest-growing segments of the global tourism industry, attracting millions of travelers seeking authentic experiences. However, the increasing demand for cultural tourism often results in the commercialization of cultural heritage, leading to concerns about authenticity, sustainability, and cultural dilution. Striking a balance between preserving cultural...
Non-performing loans (NPLs) are a critical indicator of banking sector health and economic stability. This article evaluates NPL trends in Romania and compares them with those of the European Union (EU) countries, the United States (US), and China. Romania has made remarkable progress in reducing its NPL ratio since the 2008 financial crisis, while EU countries show varying trends depending on...
The study explores the role of organizational learning as a strategic engine, emphasizing the need to dynamically align the (continuous) organizational learning process with an organization’s strategic approach. Despite quite an impressive literature (that spans more than four decades) on the (discrete/grained) linkages between organizational learning and strategy, limited research has...
Throughout history, the overall society and economy have undergone various transformations intended to streamline performed actions and processes by minimizing the efforts and resources involved. Countless changes determined by digital evolution have been gradually embraced by both individuals and organizations, once their beneficial effects have been demonstrated and, consequently, made...
The purpose of the paper is to analyze the possibility of promoting a tourist destination through events, especially through sports events. The growth of tourist traffic over the past 60 years has been exponential, facilitated by several causes, among which: demographic growth, population income growth, the increasing ease of traveling over ever greater distances, and other causes. Under these...
Depending on the volume and complexity of the activities and risks associated with the management of each public institution, the organization of the internal public audit structure may operate either in the form of a general directorate, directorate, service, office or compartment, and according to the legislation in force, these structures need a minimum of 5 positions in the case of an...
In the digital age, social media has emerged as both a powerful communication tool and a potential source of risk within organizational contexts. As platforms such as LinkedIn, Facebook, Instagram, X and others gain widespread adoption, employees increasingly engage with social media for personal expression, professional networking, and even business-related activities.
The widespread use...
Romania's power system operator, faces increasing complexity due to renewable energy integration (VRE), market liberalization, and cross-border demands, draining traditional supervisory control and data acquisition systems (SCADA). An AI-enhanced Situational Awareness (SA) platform is proposed to address this, aiming to reinforce operational capabilities and align with digitalization...
The integration of the Romanian banking system into the broader European banking framework is a complex process marked by institutional adaptations, harmonized regulations, and significant structural transformations. This article examines the main stages of this integration, focusing on alignment with the requirements of the European Banking Union, the implementation of Basel III standards,...
This paper aims to analyze the evolution of key labor market indicators within the European Union (EU) from 2022 to 2024, with a specific focus on the unemployment rate, employment rate, and overall labor market dynamics. The study highlights recent trends in the EU labor market, examines their impact on the European economy, and explores the strategic role of human resource management in...
In today’s service-oriented and highly competitive economy, ensuring high quality in service delivery is essential for maintaining a sustainable competitive advantage. Total Quality Management (TQM), as an integrated and organization-wide approach to quality improvement, has been increasingly adopted in the service sector to enhance performance, customer satisfaction, and operational...
In the last decade or so, the Internet and online social networks have become integral components of everyday life for both individuals and organizations. These communication platforms are no longer simple tools, but have become central forces that shape social, economic, and cultural landscapes of today’s society. Some authors might even argue that these digital platforms now effectively...
In the evolving landscape of entrepreneurship education, business communication has emerged as a key component in preparing future entrepreneurs to operate effectively in competitive and globalized markets. This paper investigates the role of business communication in enhancing entrepreneurial education programs in Romania, with the aim of identifying how communication competencies contribute...
This study explores the philosophical concept of time and its application in the management accounting through the Time-Driven Activity-Based Costing method. Time can be the fundamental element for cost allocation over products, services, and periods. In the management accounting, time is the most common denominator used for allocating the costs. Our research presents various philosophical...
As consumers use more and more their mobile devices, mobile commerce has increased in popularity among users and companies. As such, companies need to adapt to the changing shopping preferences of consumers. This research aims to provide insights into consumers’ predisposition to use mobile commerce based on an empirical investigation. Based on the theoretical premises of technology acceptance...
The private healthcare sector in Romania, led by prominent players such as Medlife, Regina Maria, Medicover, and Sanador, has become a cornerstone of the country's healthcare system. However, achieving sustainability in this sector remains a challenge. This article evaluates sustainability practices in Romania’s private medical sector and compares them to other European countries such as...
TikTok has rapidly evolved into a major platform for product promotion and influencing purchasing decisions. Recent studies, both international and local, show that the platform affects young people's buying behavior through a combination of innovative marketing, engaging content, and authentic interactions. These findings reflect how TikTok is transforming the relationship between young...
On March 21, 2025, a major fire at an electrical substation near Heathrow Airport caused a significant power outage, causing the temporary closure of the airport and affecting more than 1,300 flights and approximately 200,000 passengers. The incident highlighted critical vulnerabilities in the airport's energy infrastructure and business continuity plans. UK authorities have launched...
This paper explores the interconnection between economic growth, national security and public finance, with a specific focus on the sustainability of defence systems. The primary aim is to analyse how defence financing concepts impact economic performance, social development and environmental sustainability. By addressing the financial architecture of public institutions, the study seeks to...
Abstract: This paper examines Romania’s economic strategies and their impact on enhancing labor market flexibility and efficiency in the face of contemporary challenges such as global economic volatility, technological disruption, and demographic shifts.Specifically, the paper evaluates Romania’s capacity to align its labor market policies with the evolving needs of a dynamic labor market...
This study investigates the initial perceptions and expectations of students enrolled in introductory accounting courses and examines how these perceptions evolve over the semester. The research aims to identify differences in perceptions between business administration students and those from other programs, and to explore the impact of various teaching methods on students' engagement and...
This works examines the Allison Mixture concept- an extension of Parrondo's Paradox-that generates sequences with significant autocovariance by combining two initially uncorrelated processes. The major objective is to validate the Allison Mixture formula, which has not been fully proven in its general applicability. This research builds upon prior studies, comparing autocovariance results...
Recent crises, particularly economic and healthcare crises, have highlighted the structural vulnerabilities of healthcare systems and have emphasized the need to strengthen financial sustainability as an essential dimension of institutional resilience. The purpose of the research is to assess the capacity of the healthcare system in the Republic of Moldova to maintain its functionality and...
This research examines the degree of adoption and implementation of circular economy policies in the urban localities in the Center region of Romania from the perspective of local public
authorities. The study follows both the identification of the types of circular interventions
already applied and the evaluation of the institutional perception on their efficiency and
impact at the...
In the context of rapid technological change and increasing demands for sustainable development, this paper investigates the role of female-led startups in driving workforce transformation and economic resilience. The research aims to evaluate how women entrepreneurs contribute to digital innovation, inclusive employment, and environmentally sustainable practices, with a particular focus on...
This paper critically examines the integration of Business Process Management (BPM), Process Mining, and Enterprise Resource Planning (ERP) systems enhancing modern accounting automation. The study focuses on the context of large corporations operating in emerging European economies, using OMV Petrom SA—Romania’s largest energy company—as a flagship case. Faced with growing operational...
