Description
Chairs: Diana VASIU & Adrian MOROȘAN
This study investigates the role of corporate human capital investments in aligning financial and environmental performance in carbon-intensive industries. Grounded in established theoretical frameworks, it posits that firms can concurrently enhance carbon efficiency and financial outcomes through human capital investments. A novel human capital investment index is developed using the entropy...
This study investigates the validity of the Efficient Market Hypothesis (EMH) in contemporary financial markets by examining short-term return dynamics across six international equity indices over the period 2015–2025. The analysis aims to assess whether stock returns exhibit serial dependence and whether deviations from the random walk hypothesis persist in modern market conditions...
