Emerging Markets. Business Third Edition

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1 Program of the International Conference Emerging Markets Queries in Finance Business Third Edition EMQFB October 2014 and Location: Romanian Academy Calea Victoriei 125, Sector 1, Bucharest

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3 SCIENTIFIC COMMITTEE Honorary Gheorghe ZAMAN Corresponding Member of Romanian Academy, București, Romania Co-: Valentina VASILE, Institute of National Economy, București, Romania Liviu MARIAN, Petru Maior University of Tirgu Mures, Romania Daniel STEFAN, Petru Maior University of Tirgu Mures, Romania Conference Committee David Alexander, University of Birmingham, United Kingdom Andreea Apetrei, Catolica Universitat de Valencia, Spain Mariana Bălan, Institute of National Economy, București, Romania Acad. Grigore Belostecinic, Rector Academy of Economic Studies of Moldova Viorel Brașoveanu, The Bucharest University of Economic Studies, Bucuresti, Romania Petre Brezeanu, The Bucharest University of Economic Studies, București, Romania Cristina Ciumaș, The Babes-Bolyai University, Cluj-Napoca, Romania Victor Dragotă, The Bucharest University of Economic Studies, Bucuresti, Romania Gabriela Drăgan, European Institute of Romania Călin Enăchescu, Petru Maior University, Tîrgu-Mureș, Romania Zizi Goschin, The Bucharest University of Economic Studies, Bucuresti, Romania, Institute of National Economy, București, Romania Jean-Claude Million, Universite de Strasbourg, Strasbourg, France Florin Marius Pavelescu, Institute of National Economy, București, Romania Gabriela Prelipcean, Stefan cel Mare University, Suceava, Romania Elena Druică, The University of Bucharest, Romania Victor Platon, Institute of National Economy, București, Romania Ovidiu Stoica, The Alexandru Ioan Cuza University of Iaşi, Romania Ioan Talpoș, West University of Timisoara, Romania József Temesi, Budapesti Corvinus Egyetem, Budapest, Magyarország Emilia Țițan, Bucharest University of Economic Studies, Bucuresti, Romania NicolaeTodea, 1 Decembrie 1918 University of Alba Iulia, Alba Iulia, Romania Eugeniu Turlea, The Bucharest University of Economic Studies, București, Romania Lucian Savu, Dimitrie Cantemir University, Tîrgu-Mureș, Romania Michal Šoltes, Technical University of Košice, Slovakia Zsuzsanna Szabo, Petru Maior University, Tîrgu-Mureș, Romania Kerekes Sándor, Corvinus University of Budapest, Hungary Steliana Sandu, Institute of National Economy, București, Romania Alexandru Todea, The Babes-Bolyai University, Cluj-Napoca, Romania Alexandru Stratan, The Institute of Economy, Finance and Statistics (IEFS) Moldova Harry Matlay, West University of Scotland, United Kingdom

4 ORGANIZING COMMITTEE Co-s Calin-Adrian COMES, Petru Maior University, Tîrgu-Mureș, Romania Anca MUNTEANU, Petru Maior University, Tîrgu-Mureș, Romania Anamari-Beatrice ȘTEFAN, Petru Maior University, Tîrgu-Mureș, Romania Technical Secretaries Paula NISTOR, Petru Maior University, Tîrgu-Mureș, Romania Adrian BOANTA Petru Maior University, Tîrgu-Mureș, Romania Liviu CIUCAN-RUSU, Petru Maior University, Tîrgu-Mureș, Romania Brînduşa MARIAN, Petru Maior University, Tîrgu-Mureș, Romania Local Organizing Committee Daniela ANTONESCU, Institute of National Economy, Bucuresti, Romania Marius SURUGIU, Institute of National Economy, Bucuresti, Romania Raluca MAZILESCU, Institute of National Economy, Bucuresti, Romania Cristina BOBOC, Institute of National Economy, Bucuresti, Romania Andreea MUNTEANU, Institute of National Economy, Bucuresti, Romania Andreea CONSTANTINESCU, Institute of National Economy, Bucuresti, Romaniaa Elena ZAMAN, Institute of National Economy, Bucuresti, Romania Ileana MARGINEAN, Institute of National Economy, Bucuresti, Romania Ioana Alexandra LOGIN, Institute of National Economy, Bucuresti, Romania

5 General Program DAY 1 24 th October :30 14:00 Registration 14:00 14:30 Conference opening 14:30 16:10 Plenary session 16:10 16:30 Coffee break 16:30 19:00 Parallel sessions 19:30 Welcome Cocktail (Location: Hotel Grand Continental) 08:30 09:00 Registration 09:00 11:30 Parallel sessions 11:30 11:45 Coffee break 11:45 14:00 Parallel sessions 14:00 14:30 Coffee break 14:30 16:30 Parallel sessions 16:30 17:30 Conference closing DAY 2 25 th October 2014

6 PLENARY SESSION Friday 24 th of October :30 16:10 14:30 14:50 Gheorghe Zaman, Valentina Vasile Some aspects of FDI impact on Romanian economy 14:50 15:10 David Alexander The unsustainability of integrated reporting 15:10 15:30 Alexandru Stratan Risks to the agri-food sector of Republic of Moldova associated with restrictions imposed by Russian Federation on Moldovan imports 15:30 15:50 Silvia Pisica, Nicoleta Caragea, Valentina Vasile Who is working less and why? 15: 50 16:20 Stefan Daniel Hidden cost and hidden benefits in public private partnership

7 SECTION 1 Aula Friday 24 th of October 2014; 16:30 19:00 Disscusant2 Gheorghe ZAMAN Cornel IONESCU Raluca MAZILESCU Paula NISTOR Ileana MARGINEAN 1 16:30 16:40 Veronica Mihuțescu Cerna The monetary macro-prudential policy stance in safeguarding financial stability. the case of Romania :40 16:45 16:45 16:55 Raluca Elena Iloie 2 16:55 17: :00 17:10 Przemysław Konieczka, Adam Zaremba 17:10 17: :15 17:25 Alexandra Gabrielaa Titan 17:25 17:30 17:30 17:40 Emőke Szidónia Feder 5 17:40 17: :45 17:55 Viliam Vajda, Pavel Kisela Martin Užik 17:55 18: :00 18:10 Balázs Fazekas, Patrícia Becsky-Nagy 18:10 18:15 18:15 18:25 Eduard Davletshin, 8 Svetlana Kotenkova, Vladimir Efremov 18:25 18: :30 18:40 Marinela Geamanu 18:40 18: :45 18:55 Adrian Bănărescu 18:55 19:00 Connections between FDI, corruption index and 543 country risk assessments in Central and Eastern Europe The dividend premium in the CEE stock market 544 The Efficient Market Hypothesis: review of specialized literature and empirical research International entrepreneurial orientation and performance of Romanian small and medium-sized firms: empirical assessment of direct and environmental moderated relations The impact of fundamental information on EURO currency - evidence from the market Private equity market in recovery 616 Quantitative and qualitative analysis of foreign direct investments in developed and developing countries Analysis of the trade balance of the enterprise with 709 foreign direct investment in Romania Detecting and preventing fraud with data analytics 674

8 SECTION 1 Aula 09:00 11:30 Gheorghe ZAMAN Cornel IONESCU Raluca MAZILESCU Paula NISTOR Ileana MARGINEAN 1 09:00 09:10 Adina Dornean, Dumitru-Cristian Oanea 09:10 09: :15 09:25 Raluca-Ioana Diaconu, Dumitru-Cristian Oanea 09:25 09:30 Livia Chisăgiu 3 09:30 09:40 09:40 09: :45 09:55 Ioana Laura Tibulca 09:55 10: :00 10:10 Jozef Glova 10:10 10: :15 10:25 Vladimir Efremov, Svetlana Kotenkova, Eduard Davletshin 10:25 10: :30 10:40 Andreea Rosoiu 10:40 10: :45 10:55 Alexandra Mateiu Werner Mailinger 10:55 11: :00 11:10 Manuela Raisova 11:10 11: :15 11:25 Ľudmila Bartóková, Júlia Durčova 11:25 11:30 FDI territorial distribution in Romania 530 Determinants of bank s stability. evidence from 545 CREDITCOOP Multi-dimensional impact of foreign direct 587 investments on the host-economy, determinants and effects, and their contribution to economic growth in Romania Is there evidence of tax convergence in the 551 European Union? Time-Varying CAPM and Its Applicability in Cost of 552 Equity Determination Evaluation of the potential for integration of capital 621 in the investment attractive regions of the Russian Federation. Monetary policy and factor-augmented VAR Model 627 Comparative analysis of business process 636 outsourcing models in relation with the organizational performance in the context of globalization The supply perspective of economic growth during 681 the last decades Aggregate demand shocks: case of old and new 684 EMU member

9 SECTION 1 Aula 11:45 14:00 Gheorghe ZAMAN Cornel IONESCU Raluca MAZILESCU Paula NISTOR Ileana MARGINEAN 1 11:45 11:55 11:55 12: :00 12:10 Gheorghe Zaman, George Georgescu Lucian-Florin Onișor 12:10 12: :15 12:25 Radu Liviu Muntean 12:25 12: :30 12:40 Radu Liviu Muntean 12:40 12: :45 12:55 12:55 13: :00 13:10 13:10 13: :15 13:25 13:25 13: :30 13:40 13:40 13:45 Birau Ramona, Jatin Trivedi Ramona Birau, Jatin Trivedi, Mihail Antonescu Robert Claudiu Hellvig Filip-Mihai Toma 9 13:45 13:55 Gabriela Preda 13:55 14:00 Current and long run challenges of Romania s external debt sustainability 732 Marketing techniques enhance closed innovation to form open innovation 633 Lending convergence in the Romanian banking sector 516 Foreign support, local lending and economic growth 517 Estimating long-term volatility on National Stock 519 Exchange of India Modeling S&P Bombay Stock Exchange BANKEX index volatility patterns using GARCH Model 522 The regulation necessity of the international financial 711 and banking system Behavioral biases of the investment decisions of 560 Romanian investors on the Bucharest Stock Exchange Contemporary financial crisis unconventional monetary 589 policies of Central Bank

10 SECTION 1 Aula 14:30 16:30 Gheorghe ZAMAN Cornel IONESCU Raluca MAZILESCU Paula NISTOR Ileana MARGINEAN 1 14:30 14:40 14:40 14: :45 14:55 14:55 15: :00 15:10 15:10 15: :15 15:25 15:25 15: :30 15:40 15:40 15: :45 15:55 15:55 16: :00 16:10 16:10 16: :15 16:25 16:25 16:30 Marius-Razvan Surugiu Camelia Surugiu Andreea Rosoiu Camelia Ignatescu Gabriela Prelipcean Elena Dobre Carmen Turlea Eugeniu Turlea Birau Ramona Dedu Silvia, Şerban Florentin Liviu Ciucan- Rusu Bogdan Dumitrescu International trade, globalization and economic interdependence between European countries: implications for businesses and marketing framework 525 Monetary policy and time varying parameter vector 521 auto regression model The employment of the legal instrument of recovery of 719 damages in business development The influence of post crisis corporate governancee practices 738 upon financial audit Financial and non-financial implications of cybercrimes in 537 emerging countries Multi-objective mean-risk models for optimization in finance 712 and insurance Marketing decisions in a simulated environment 706 The principles and the legal responsibility of the lawyer, 688 guarantees of national security

11 SECTION 2 Clubul Academicienilor Friday 24 th of October :30 19:00 Disscusant2 ValentinaVASILE Florin PAVELESCU Mariana BĂLAN Călin-Adrian COMES Ioana-Alexandra LOGIN 1 16:30 16:40 Ionela Gavrilă-Paven, Mircea Constantin Bârsan, Lia-Dorica Dogaruc 16:40 16: :45 16:55 Beáta Gavurová, Tatiana Vagašová 16:55 17: :00 17:10 Irina Leca, Gabriela Ţiguu 17:10 17: :15 17:25 Eliza Mihaela Spatarelu 17:25 17: :30 17:40 István Lábas, Zoltán Bács 17:40 17: :45 17:55 Mircea Boscoianu, Gabriela Prelipcean 17:55 18: :00 18:10 Mihai Gheorghe 18:10 18: :15 18:25 Marian Truţăă Alin Marin Puncioiu 18:25 18: :30 18:40 Andreea Cambir 18:40 18: :45 18:55 Andoria Cristina Ionita 18:55 19:00 Advantages and limits for tourism development in rural area (case study Ampoi and Mureşş Valleys) 726 The significance of avoidable mortality quantification 553 for financing the health system in Slovakia An analysis regarding the factors that generate stress 565 at workplace: a case study in the sales force Youth insertion on labor market 722 Management control system in the University of 611 Debrecen Innovative instruments for SME financing in Romania. 618 A new proposal with interesting implications on markets and institutions Price convergence in Romania 690 -Statistical evaluation The influence of the loop power-flow on the tires life 689 span of a vehicle Material dimension of life quality and social inclusion 700 "To be or not to be middle class in Romania?" 697

12 SECTION 2 Clubul Academicienilor 09:00 11:30 ValentinaVASILE Florin PAVELESCU Mariana BĂLAN Călin-Adrian COMES Ioana-Alexandra LOGIN 1 09:00 09:10 Brînduşa Marian 09:10 09: :15 09:25 Pavel Kisela, Tomas Virdzek, Viliam Vajda 09:25 09: :30 09:40 Anett Sőrés Károly Pető 09:40 09: :45 09:55 Ionel Nutăă Florina Ciortan 09:55 10: :00 10:10 Mihaela Mihai, Emilia Ţiţan, Daniela Manea 10:10 10: :15 10:25 Elena Cigu 10:25 10: :30 10:40 Vincent Šoltés, Bibiána Nováková 10:40 10: :45 10:55 Cezarina Adina Tofan 10:55 11: :00 11:10 Irina Glebova, Alina Khamidulina 11:10 11: :15 11:25 Elena Valentinaa Tilica 11:25 11:30 National strategy of immigration: between proposed objectives and their accomplishment Trading equity curves Measuring of subjective quality of life 657 Impact prevention and management of emergency situations for sustainable development Education and Poverty The making of knowledge cities in Romania?! 523 Measurement of objective life quality in the context 555 of economically developed countries quantification Decisional tree method applied for cost -base 734 decision taken at firm levell An evaluation of entrepreneurial potential in the 665 Republic of Tatarstan Intra-month anomalies on the Bucharest Stock 622 Exchange

13 SECTION 2 Clubul Academicienilor 11:45 14:00 Valentina VASILE Florin PAVELESCU Mariana BĂLAN Călin-Adrian COMES Ioana-Alexandra LOGIN 1 11:45 11:55 Constantin-Marius Apostoaie, Stanislav Percicc How credit cycles and business cycles behave in some European economies :55 12: :00 12:10 Stefan Matei, The importance of marketing mix in the wine industry Constantin Sasu global and european trends :10 12: :15 12:25 Maria-Cristina Răvar Iorgulescu, The contribution of social enterprises to the development Anamaria Sidonia of tourism. The case of Romania :25 12: :30 12:40 Georgiana Marin, Modal strategic decisions in transport and their role Marieta Olaru sustainable development: an example from Romania :40 12: :45 12:55 Otilia Dimitriu, Cloud accounting: a new business model in a Marian Matei challenging context :55 13: :00 13:10 Mirela Paunescu The Romanian audit market structure in case of listed companies and the impact of adopting IFRS :10 13: :15 13:25 Iuliana-Florina Pana Constantin Puica Doru-Adrian Goga Ionel Nuta Numerical studies regarding underwaterr detonation :25 13: :30 13:40 Ana-Maria Verjel, Possibilities of increasing business sustainability in the Jochen Schmid context of globalization. The case of the SMEs :40 13: :45 13:55 Tatiana Danescu, Prozan Mihaela Prozan, Perspectives regarding accounting corporate Roxana Dianaa governance internal control :55 14:00

14 SECTION 2 Clubul Academicienilor 14:30 16:30 Valentina VASILE Florin PAVELESCU Mariana BĂLAN Călin-Adrian COMES Ioana-Alexandra LOGIN 1 14:30 14:40 14:40 14: :45 14:55 14:55 15: :00 15:10 15:10 15: :15 15:25 15:25 15: :30 15:40 15:40 15: :45 15:55 15:55 16:00 George Surdu, Georgica Slamnoiu Mariana Balan Florin Marius Pavelescu Gergő Tömöri, Zoltán Bács Gina Ionela Butnaru, Valentin Nita, Mirela Stefanica Péter Miklós Kőmíves Krisztina Dajnoki 7 16:00 16:10 Ana-Maria Zaiceanu, Elena Hlaciuc 16:10 16: :15 16:25 Ioana Boiciuc 16:25 16:30 Considerations on efficiency in experimental tests specific for projectiles of low caliber Methods to estimate and forecast the structure and size of 542 the "NEET" youth Considerations on the correlation between Student test 596 statistics in cases of simple and multiple linear regressions Application of cost analysis methods in pharmaco- 607 economic decisions About science of management and corporate social 613 responsibility Ranking systems as the connection between the higher education and the labour market in Hungary Methods for risk identification and assessment in financial 620 auditing The cyclical behavior of fiscal policy in Romania

15 SECTION 3 Sala de Consiliu Friday 24 th of October :30 19:00 Steliana SANDU Victor PLATON Zizi GOSCHIN Anca MUNTEANU Andreea CONSTANTINESCU 1 16:30 16:40 Marcela Slusarciuc 16:40 16: :45 16:55 Carmen Boghean, Mihaela State, Florin Boghean 16:55 17: :00 17:10 Angela-Nicoleta Cozorici Gabriela Prelipcean 17:10 17: :15 17:25 Aurel Mircea Nita 17:25 17: :30 17:40 Ivona Stoica, Călin Veghes Mihai Orzan 17:40 17: :45 17:55 Ionel Nuta Octavian Orban Lucian Grigore The economic potential of cross-border areas. 656 Opportunities and threats The relation between foreign direct investments (FDI) and labour productivity in the European Union 625 countries Aspects regarding stocks and bonds portfolios on 721 Romanian capital market Good governance and forest exploitation in Romania. 654 A comparative analysis Statistical exploratory marketing research on Romanian consumer s behavior regarding 698 smartphones Development and improvement of technology in emergency response :55 18: :00 18:10 18:10 18: :15 18:25 18:25 18: :30 18:40 18:40 18: :45 18:55 18:55 19:00 Iulian Mircea, Mihaela Covrig Florin Boghean, Carmen Boghean Steliana Sandu, Gloria Goschin Gabriela Ivănuş, Oana Diana Radu, Sorin Mircea Axinte A discrete time insurance model with reinvested 720 surplus and a fuzzy number interest rate Risk management in the decision-making of Romanian 728 entities Absorption capacity for scientific knowledge in 592 Romania during Innovation around four management dimensions 646

16 SECTION 3 Sala de Consiliu 09:00 11:30 Elena DRUICA Victor PLATON Zizi GOSCHIN Anca MUNTEANU Andreea CONSTANTINESCU :00 09:10 09:10 09:15 09:15 09:25 09:25 09:30 09:30 09:40 Veronika Fenyves Tibor Tarnóczi Kinga Zsidó Filip-Mihai Toma Gheorghe Zaman, Zizi Goschin Financial performance evaluation of agricultural enterprises with DEA method Behavioral biases of the investment decisions of Romanian investors on the Bucharest Stock Exchange Romania s sustainable development equirements from the viewpoint of regional economic bank s crediting :40 09:45 09:45 09:55 Ovidiu Turcoane Discussant2 Taking versus making in paradigmatic marketing based on semantics and linked data :55 10:00 5 Florentin Boda, 10:00 10:10 Laura- Ionela Munteanu, Dan Raducanu. 10:10 10:15 6 Marius Vasiluţă 10:15 10:25 Ştefănescuu 10:25 10:30 7 Zsuzsanna Szabo 10:30 10:40 10:40 10:45 8 Aurel Mircea Nita 10:45 10:55 10:55 11:00 9 Raluca Mazilescu, 11:00 11:10 Elena Zaman 11:10 11: :15 11:25 Crina Seria 11:25 11:30 Digital elevation modeling based on multimodal 718 aerospace data in the context of sustainable development of Romania The Information Technology Role in the Dynamics and Evolution of SME`s in TIMIS County, 667 ROMANIA About the quality of entrepreneurial activity in 737 Romania in EU context. The use of AHP for prioritizing factors with the highest overall impact A Comparative Analysis of the Administration for 653 Markets and Fairs Public Service for three major cities in Romania: Craiova, Iasi and Timisoara The dynamics of labour force potential in Romania. 730 Trends and challenges Ethics and Internal Auditing 645

17 SECTION 3 Sala de Consiliu 11:45 14:00 Elena DRUICA Victor PLATON Zizi GOSCHIN Anca MUNTEANU Andreea CONSTANTINESCU 1 11:45 11:55 Mihaela Bucur Study on the influence of regionalization on economy in the Central Region of Romania :55 12: :00 12:10 12:10 12:15 Andreea Violeta Constantinescu, Victor Platon 3 12:15 12:25 Marius Pasculeaa 12:25 12: :30 12:40 12:40 12: :45 12:55 12:55 13: :00 13:10 13:10 13:15 Aurel Mircea Nita Andrei Ioan Hohan, Marieta Olaru, Ionela Carmen Pirnea Angela Filip Andreea Pece Anamaria Morar 7 13:15 13:25 Diana Gioacasi 13:25 13: :30 13:40 13:40 13: :45 13:55 13:55 14:00 Lioara Popa Adrian Bogdan Ciocănel, Florin Marius Pavelescu Evolution of urban structures in Romania and some EU countries Challenges for Developing the Bio-economy Sector in 708 Romania. The impact of national and EU legislative framework on the illegal exploitation of forests in Romania: managerial 651 cause effect approach Assessment and continuous improvement of information security based on TQM and business excellence 676 principles The herding behavior of investors in the markets Repeated measures analysis on determinant factors of enterprise value The use of music therapy as a factor for sustainable development Innovation and competitiveness in European context 600 CEE stocks

18 SECTION 3 Sala de Consiliu 14:30 16:30 Elena DRUICA Victor PLATON Zizi GOSCHIN Daniela ANTONESCU Andreea CONSTANTINESCU 1 14:30 14:40 14:40 14: :45 14:55 Simona Frone, Dumitru Florin Frone Zizi Goschin Economic risks to a regional water supply and project in Romania sanitation Regional divergence in Romania based on a new index of economic and social development :55 15: :00 15:10 Andreea Pece 15:10 15: :15 15:25 Bogdan Adrian Ciocănel, Victor Platon 15:25 15: :30 15:40 15:40 15: :45 15:55 15:55 16:00 Silviu-Cornel- Virgil Chiriac Cătălina Cozmei, Margareta Rusu 7 16:00 16:10 Cornel Ionescu 16:10 16:15 How we identify systemically important banks? Influence of the forest on the population healthh degree 602 Considerations regarding the evolution of the liquidity and 672 solvency indicators of the most important Romanian Horeca companies in the period The EU tax treatment competition for knowledge based capital 662 Challenges on the integration of Romanian system 716 research development and innovation in Innovation Union

19 SECTION 4 Sala de Prezidiu Friday 24 th of October :30 19:00 David ALEXANDER Ramona NEAG Cristina BOBOC Marius SURUGIU Elena ZAMAN 1 16:30 16:40 Mihaela Cornelia Sandu 16:40 16: :45 16:55 Zenobia Niculita 16:55 17: :00 17:10 17:10 17: :15 17:25 17:25 17: :30 17:40 17:40 17: :45 17:55 17:55 18: :00 18:10 18:10 18: :15 18:25 18:25 18: :30 18:40 18:40 18: :45 18:55 18:55 19:00 Beniamin Viorel Branzas Ioan Radu Erica Cristina Balea, Mihai Cristian Dinica Harry Hosney Zurub Alexandru Cosmin Ionescu Natalia Bob Valentina-Daniela Constantin Ramona Neag Ema Mascaa Alina Aliculesei, Cristina Mahika, Răzvan Rădulescu Irina-Doina Pascan Aron Samu Reputation an Important Element for Automotive 724 Industry Profit The relationship between work style and 725 organizational climate for Romaniann employees Transformation of Public Management Process Due to 577 Competitive Intelligence Implementation Hedging Romanian Wheat Prices with Euronext 643 Futures Business versus complexity 685 Potential Buyers Attitude towards Life Insurance 731 Services Identifying Conditional Conservatism - a Literature 733 Review Guidelines for the adaptation of system planning 541 management to the new requirements of emerging markets Measuring the effects of IFRS adoption on accounting 534 quality: a review Could Romania s selfie go viral? Economic feasibility 539 of using digital tools in the Constitutional law democratic processes

20 SECTION 4 Sala de Prezidiu 09:00 11:30 David ALEXANDER Emilia TITAN Cristina BOBOC Daniela ANTONESCU Marius SURUGIU &Elena ZAMAN :00 09:10 09:10 09:15 09:15 09:25 09:25 09:30 09:30 09:40 09:40 09:45 09:45 09:55 09:55 10:00 10:00 10:10 10:10 10:15 10:15 10:25 10:25 10:30 10:30 10:40 10:40 10:45 10:45 10:55 10:55 11:00 11:00 11:10 11:10 11:15 11:15 11:25 11:25 11:30 Valentina Vasile Cristina Boboc Andreea Clara Munteanuu George-Silviu Cordos, Melinda-Timea Fulop Alexandra Narcisa Lucan Elena Hlaciuc Steliana Cojocariu Ildikó Orbán Tamás Dékán Ágota Kisss Geanina Maciuca, Elena Hlaciuc, Antonela Ursache Laura Brad Florin Dobre Radu Ciobanu Iulian Viorel Brasoveanu Éva Darabos Adrienn Herczeg Emilia Ţiţan, Andreea Ardelean, Daniela Manea, Cristina Boboc Occupations with multiple vulnerabilities in Romania 717 Knowledge spillovers of FDI inflows NEW AUDIT REPORTING CHALLENGES: 614 AUDITING THE GOING CONCERN BASIS OF ACCOUNTING Impact of internal audit in the public sector in 612 Romania The development of the cultural routes: a valuable 710 asset for Romania Measurement of agricultural activities according to the International Financial Reporting Standards The role of prudence in financial reporting: IFRS versus Directive 34 The interaction between financial audit and corporate governance: evidence from Romania A few fields of the harmonization of accounting statements on the basis of IFRS The main factors that influence the decision in choosing a path in Tertiary Education

21 SECTION 4 Sala de Prezidiu 11:45 14:00 Daniel STEFAN Emilia TITAN Cristina BOBOC Daniela ANTONESCU Marius SURUGIU & Elena ZAMAN 1 11:45 11:55 Bazga Ion Bogdan 11:55 12:00 2 Éva Kozmáné Csirmaz 12:00 12:10 Károly Pető 12:10 12: :15 12:25 Iulia Rosoiu 12:25 12: :30 12:40 Iulia Rosoiu 12:40 12: :45 12:55 Nicoleta Adriana Odina 12:55 13: :00 13:10 Adrienn Herczeg Éva Darabos 13:10 13: :15 13:25 Andrea Rozsa 13:25 13: :30 13:40 Daniel Adrian Gardan, Iuliana Petronela Gardan 13:40 13: :45 13:55 Simona Stanescu Valentina Vasile Ioana Alexandra Loghin 13:55 14:00 Food security component of sustainable development - prospects and challenges in the next decade International trends in recreational and wellness tourism 615 Uncertainty and the transmission of fiscal policy 641 The impact of the government revenues and 524 expenditures on the economic growth Quelques conséquences de la trans-nationalisation des 547 marches sur la protection des droits subjectifs Revenue and the Financing Structure of the Hungarian 658 enterprises Real option as a potential link between financial and 637 strategic decision making Modelling medical services consumers loyalty in the 723 context of changing consumption behavior Social vulnerabilities in rural communities with highly disadvantaged groups

22 SECTION 4 Sala de Prezidiu 14:30 16:30 Daniel STEFAN Emilia TITAN Cristina BOBOC Laura Brad Marius SURUGIU & Elena ZAMAN 1 14:30 14:40 Paula Nistor 14:40 14: :45 14:55 Anca Munteanu 14:55 15: :00 15:10 Avram TRIPON 15:10 15: :15 15:25 15:25 15: :30 15:40 15:40 15: :45 15:55 15:55 16: :00 16:10 16:10 16: :15 16:25 16:25 16: :15 16:25 16:25 16:30 Izzet Tasar Tayfur Bayat Besciu Celia Dana Zülfükar Aytaç Kişman Venţel Annemarie Anamari- Beatrice Stefan Calin-Adrian Comes Radu Ciobanu Florin Dobre Laura Brad FDI implication on BRICS economic growth 713 The impact of social capital on economic development 679 Requirements on organizational encouragement and resources for the development of entrepreneurial creativity 696 in a glocal social-ecological system - case study Inflation Targeting for a Developing Country; Turkey 680 Patient Satisfaction In The Hospital s Emergency Units In Bucharest Development policies in European Union 686 Socio-economic management control at public institution level Analysis of the quality of life through non-caeteris paribus methodology The implication of successful tender offers transactions upon financial performance

23 Conference closing 16:30 17:30 Closing remarks Gheorghe ZAMAN Main conclusions rapporteurs from all sections - Section 1- George GEORGESCU - Section 2- Valentinaa VASILE - Section 3- Victor PLATON - Section 4- Daniel STEFAN EMQFB 2015 edition announcement Daniel STEFAN

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