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T A B L E O F C O N T E N T S Section I: International Affairs and European Integration Subsection: International Affairs 1. Batrinca Ghiorghe, Cojanu Gianina - The Causality Relationship between the Dry Bulk Market and Worldwide Economic Growth 2. Botescu Ion - Aspects regarding Romania's Energy Policy in an European Context 2 7 3. Botescu Ion - The Global Dimension of Poverty 12 4. Căzănel Maria - The Common Historical Basis of the Exception for the Non-Performance and Termination of Contracts 5. Căzănel Maria - The Exception for the Non-performance of Contracts and the Exception for the Compensation of Claims and Related Liabilities 6. Draniceanu Doina - Sovereign Wealth Funds and the New Dynamics of Globalization in the Context of the Current Financial Crisis: International Competitiveness Through Outsourcing in Emerging Countries 17 21 25 7. Grigorut Cornel, Nistor Filip, Popa Catalin - Crisis Effects on Shipbuilding Market 31 8. Grigorut Cornel, Popa Catalin, Nistor Filip 9. Iordache Constantin, Jipa Vlad - Contemporary Trends within the International Financial Intermediation System Evolution - The Severe Consequences of Terrorist Acts and Organized Crime on the Security of the Citizens in the European Community 35 40 10. Lăpăduşi Mihaela Loredana, Căruntu Constantin - Transport Efficiency through Multimodalism 45 11. Nechita Daniela - The Importance of Social Responsibility Programs in International Business Development 51 12. Racoceanu Cristina, Stanciu Anca Cristina, Constandache Mihaela - Critically Appraise of the Specific Aspects of the Strategy for International Market 56 vii

13. Rizea Raluca Daniela, Sârbu Roxana, Condrea Elena 14. Trandafirescu Bogdan Cristian 15. Vechiu Camelia, Popa Lucia Ramona, Ciorăşteanu Gianina - The Effects of the Global Economical Crisis on the Global Precious Metals Market - Controversies Regarding the Internationality Element in International Trade Agreements - The Analysis of the Effects of the Direct Foreign Investments upon the Restructuring of the Romanian Economy 60 65 68 Subsection: European Integration 1. Anechitoae Constantin - Copyright Protection in Romania and Italy 75 2. Anechitoae Constantin - Intellectual Property Rights in International Regulations 79 3. Botina Madalina, Pangrate Alina Georgiana - Some Problems of Jurisprudence concerning the Difference between Delictual Liability and Contractual Liability 83 4. Brasoveanu Florica - Environmental Protection and Sustainable Development Strategy 5. Brasoveanu Florica - Environmental Policy in the European Union and their Implementation in Romania 87 91 6. Buzarna-Tihenea (Galbeaza) Alina 7. Damean Doru Claudiu, Popovici Dumitru Dănuţ - Special Issues of Jurilinguistic Translation. Case Study: The Criminal Code - Management of Risk Factors while Countering Terrorism 95 101 8. Dobre Claudia - Concentration of the Banking Market 105 9. Ghita Simona, Titan Emilia, Boboc Cristina - How Does the Economic-Financial Crisis Affect Our Education? Study on EU-28 Countries 112 10. Marin Marilena - The Notion of Curator Litis (Third Curator) in New Civil Legislation and Correspondence with Similar Notions in the EU Legislation 118 viii

11. Mititelu Catalina - Europe and the Constitutionalization Process of EU Member States 12. Mititelu Catalina - The Right to Life. From the Torture and inhuman Punishment to the abolition of the Death Penalty 122 128 13. Nadrag Lavinia, Buzarna-Tihenea (Galbeaza) Alina - The Internationalization of the English Language and its Influence on the Romanian Economic 134 14. Pandele Adina Laura - Property Acquisition by Civil Contracts 140 15. Radu (Mitra) Mariana - Controversies on the Legal Nature of Extradition 144 16. Radu (Mitra) Mariana - The Implications of the Legal System on Human Cloning, in Vitro Fertilization and Embryo Transfer 149 17. Rusu-Zagar Catalin, Georgian Corina, Anghel Sorin Ovidiu 18. Staiculescu Ana Rodica, Gherasim Mircea 19. Staiculescu Ana Rodica, Stan Alina 20. Stoica- Constantin Adrian 21. Stoica- Constantin Adrian - Occupational Safety and Health Within the European Strategy The Legal System for Occupational Safety and Health in Romania - Struggles in the Representations of Roma Immigrants: from Migration Management to Public Discourse - Economic Implications of Violence and Discrimination in Public Administration - The Impact of the Treaty of Lisbon on the Most Important EU Institutions - The General Principles for the Profession of Judicial Executor in Romania 154 159 165 170 176 22. Tucă Nicuşor - Globalization and the Church 182 Subsection: Regional Development Strategies 1. Brezeanu-Lisievici Alexandru P. - The Development of Maritime Activities in the Light of Local Autonomy 2. Cojanu Gianina - Diversion Acts The Antipode of Economic Stability 188 193 ix

3. Duduială Popescu Lorena 4. Enea Constanta, Enea Constantin - Influence of Europeanisation in the Reform of Public Sector - Principles into Local Planning and Management of Tourism to Achieving Success in Promoting Sustainable Urban Development 197 201 5. Gheorghe Lucian - Corporate Contracts in the New Civil Code 206 6. Gheorghe Lucian - Theoretical Considerations and Practicla Town Planning Documentation 210 7. Gherman Monica Gabriela 8. Grigorescu Adriana, Olteanu Luminiţa Mirela - Public Private Partnership (PPP): Comparative Analysis of the Legal and Institutional Framework in Romania, Greece, Italy and Portugal - Landmarks of the Romanian Pre-university Education in the Context of European Policies Designed to Overcome the Economic Crisis 214 219 9. Iftene Cristi - Decentralizing Influence: How Can We Separate Political and Administrative or Administrative and Economical Entities? 225 10. Jaliu Dumitru Dragos, Răvar Anamaria Sidonia 11. Popa Daniela, Dobrescu Georgeta - The Relation between Local Development Strategies and Projects Implemented under ROP 2007-2013 Axis 5. A Case Study of the Centre Region - Recommendations for the Insurance of Innovation Management 230 236 12. Rusu-Zagar Catalin, Zagar Laurentiu, Mocanu Mihaela - Environmental Management And Globalization 241 13. Rusu-Zagar Gilda, Matorne Monica, Ionescu Claudia - Health and Safety at Work in the Context of Globalization 245 14. Șerban Monica Marcela - Identity in the Economical Areal 250 15. Ştreangă Constantin - The Economic Development of the Settlements from Oneşti Depression. The Role of SMEs in the Region's Economy 256 x

16. Ştreangă Constantin - Economic Impact on the Development of a Locality. Case Study: Oneşti Town 17. Turker Nuray - Ecotourism as a Rural Development Tool in Western Black Sea Region, Turkey 262 268 18. Yaremko Larysa, Poliakova Juliia - The Ways of Counteraction to the Financial- Economic Crisis at the Regional Level 272 Section II: Business Economy and Administration Subsection: Economy and Economic Informatics 1. Aivaz Kamer -Ainur, Vlăducă Ion - The Factorial Correspondences Analysis of School Population by the Level of Education, at Regional Level 277 2. Constandache Mihaela, Condrea Elena, Stanciu Anca - Cristina - Romanian s Food Consumption and its Implications on Health Condition and Quality of Life 283 3. Cosma Sorinel - Hayek's Economic Ideology 289 4. Cosma Sorinel - Bastiat: To See or Not to See 294 5. Gheorghiu Gabriela - Government Failures in Regulating Markets 299 6. Grigore Ana-Maria, Toma Sorin-George, Grădinaru Cătălin - European SMEs Facing Challenging Times 303 7. Ionescu Dan Dumitru - Motivations for Women to Get into Businesses: a Case Study on Female Entrepreneurs from the North-East Region of Romania 8. Moise-Titei Adina - The Extent of the Variation to Greenhouse Gas Emissions GDP at EU Level 9. Moise-Titei Adina - Empirical Analysis to the Relationship between R&D Expenditures and Labour Productivity for EU Countries 308 314 318 10. Moraru Camelia, Popovici Norina - The Impact of Budgetary Revenues on Economic Growth. Study Case: Romania 322 xi

11. Necșulescu Consuela, Șerbănescu Luminița - The Development of Earnings in Romania Before and After the Economic Crisis 327 12. Oncioiu Ionica - The Impact of Innovation on Business Growth: Romanian SME Sector 13. Pivoda Roxana - Unemployment, a Controversial, Hard to Diminish Phenomenon 14. Popa Florina - Crisis Impact on the Dynamics of Services Sector, Causes, Effects; Financial-Banking Sector 15. Popovici Veronica - The Rise of the Digital Currency and Its Implications. Bitcoin Between an Artificial Bubble and the Next Economic Revolution 333 337 342 348 16. Rusu-Zagar Gilda, Iorga Ionel, Ionescu Claudia - The Impact of Work Hazard and Occupational Diseases Cost on the Economy 354 Subsection: Marketing Management 1. Antohi Ionut - Human Resources Management Practices in Europe between Convergence and Divergence Debates 360 2. Balaceanu Valeria Arina, Sisea Dana Gabriela 3. Băltescu Codruţa Adina, Boşcor Dana 4. Boldureanu Daniel, Boldureanu Gabriela - Directions and Ways of Improving the Quality Assurance System Banking in Romania - Customers' Opinions Regarding Eating-Out in a National Type Restaurants - Analysis of Employee s Motivation in Health Institutions 365 370 375 5. Boldureanu Daniel - Employee Satisfaction in Health Institutions 379 6. Căruntu Andreea Laura, Aldea Roxana Elena 7. Daneci-Patrau Daniel, Neacsu Gabriela - Positioning Strategies for a Tourist Destination - Estimating the Duration of a Project Using PERT Technique 384 388 xii

8. Dragomir Cristina, Utureanu Simona - International Maritime Organisation s Initiatives for Women Integration in the Maritime Sector 394 9. Drumea Cristina - Implementing a Staff Performance Appraisal System - Strives and Results 10. Gonska Maria - Human Resource Policy of Retail Companies Managers Review 399 404 11. Grigorescu Adriana, Lupu Maria-Magdalena, Mouhammad Toumeh 12. Ionescu Alexandra, Horga Maria-Gabriela - The Messages in Managerial Communication - The Role of Communication and Job Satisfaction on Firm Financial Performance. Analysis on Romanian Tourism Sector. 408 413 13. Ionescu Gr. Ion - The Value Provided to Customers, Evaluating and Enhancing Their Satisfaction 419 14. Juganaru Ion-Danut, Juganaru Mariana 15. Juganaru Mariana, Juganaru Ion Danut 16. Micu Angela-Eliza, Capatina Alexandru 17. Moraru Andreea Daniela, Ghita Mitrescu Silvia, Duhnea Cristina 18. Neacsu Nicoleta Andreea, Madar Anca 19. Neacsu Nicoleta Andreea, Barbulescu Oana - The Influence of Port Activity in the Cultural Life of Local Communities - Determination of the Influence of Port Activity on the Economic Activity and Business Environment by Using Marketing Research - Decision Analysis Regarding Business Development Strategic Options using WinQSB Software - An Overview of the Marketing Research Methods Appropriate for Tourism Industry in Romania - Quality on Accomodation Services Market Case Study: Classic Inn Hotel Brasov - Consumer Behavior Analysis of Brașov Residents Regarding the Choice of Furniture Products Produced by Multinational Companies 423 429 435 441 445 449 xiii

20. Nicodim Liliana, Tileaga Cosmin 21. Nitu Oana, Nitu Claudiu Valentin - Benefits of Executing the Controlling Function Using Performance Management Systems - Advantages of Competitive Potential Strategies 454 460 22. Platon Otilia-Elena - The Role of Social Media Marketing in Strengthening the Brand Image 23. Podasca Raluca - Analytical Methods of Strategic Management 24. Podasca Raluca - Study of the Interdependence between Economic Indicators using Statistical Methods 466 471 475 25. Popovici Norina, Moraru Camelia 26. Romanescu Marcel- Laurențiu 27. Romanescu Marcel- Laurențiu - Modern Approach of a Company Strategy. Gazprom Strategic Challenges in Europe - Strategies Adopted by the Company Leadership in Different Situations in Time - The Analysis of the Benchmarking Method Specific to the Romanian Quality Assurance of Higher Education 479 484 489 28. Rus Mihaela - Dysfunctions in Organizational Communication 492 29. Secară Carmen Gabriela - Expat - a Challenge for Employers 496 30. Secară Carmen Gabriela - Romania's Country Brand as a Necessity 501 31. Sisea Dana Gabriela, Balaceanu Valeria Arina - Opinions Concerning the Regulation of the Banking System in Romania 505 32. Skrypko Tatiana - The Role of Entrepreneurship in the Economic Security of the State 33. Sudacevschi Mihaela - Operational Risk Management in Banking Industry 509 514 34. Toma Sorin-George, Gradinaru Catalin, Papuc Razvan Mihail - Corporate China is Going Global 520 xiv

35. Traşcă Elisabeta - The Principles and Conditions Necessary to the Development of the Romanian Tourism 524 36. Utureanu Simona, Dragomir Cristina - The Profile of the Maritime Leader 529 Subsection: Finance and Accounting 1. Baba Mirela Camelia - Accounting and Tax Regulations: The Impact on Economic Activity 2. Bologa Gabriela - Analysis and Assessment of an Organization s Risks in the Context of Economic Instability 534 538 3. Burca Ana Maria, Batrinca Ghiorghe - VLCC Ships Prices and their Influence on Maritime Insurance Market 542 4. Butaci Casian - Modeling the Risk in Agreement with the Solvency II Regulations and Possible Implications on the Romanian Insurance Market 548 5. Caratas Maria Alina, Spatariu Elena Cerasela, Trandafir Raluca Andreea 6. Căruntu Constantin, Lăpăduşi Mihaela Loredana 7. Dicu Roxana-Manuela, Mardiros Daniela-Neonila 8. Dobre Elena, Petrascu Daniela 9. Enea Constantin, Enea Constanta - Internal Audit, Internal Control and Organizational Culture Active Ingredients in Conquering the Crisis - The Total Asset Efficiency Analysis Based on the Economic Rate of Return - The Influence of the Inflationary Phenomenon on the Financial Reporting of an Entity - Fair Value Measurement of Financial Instruments in Romanian Accounting Banking System - Strengthening the Romanian Law Tax Harmonizing Union European Rules 553 558 564 569 574 10. Georgescu Cristina Elena - Why the Firm is the Source for Reducing Transaction Costs? 11. Georgescu Cristina Elena - Some Aspects of Measuring Transaction Costs in the BCR-Group 579 583 xv

12. Ghiță-Mitrescu Silvia, Moraru Andreea-Daniela, Duhnea Cristina 13. Guni Claudia Nicoleta, Munteanu Victor 14. Guni Claudia Nicoleta, Munteanu Victor 15. Isai Violeta, Radu Riana Iren 16. Karpenko Olga, Karpenko Daria - Possible Motivations for the Romanian Banking System to Intensify the Use of Financial Derivatives - Considerations on the Need Consolidated Accounts, on Determining the Consolidations Perimeter and the Percentages of Control and Interest - General Aspects concerning Groups of Companies - Modalities of Financing and Acknowledgement in Accounting for the Worship Entities of Romania - Responsibility Accounting as Strength of Management Accounting 589 594 598 604 610 17. Kutsyk Petro - Development of Internal Corporative Regulations and Accounting Standards 18. Lenghel Radu Dorin - Consideration on the Auditing of Tangible Assets 615 621 19. Lupulescu-Caruntu Roxana Corina, Caruntu Andreea Laura, Vezure Oana Sabina 20. Mardiros Daniela- Neonila, Dicu Roxana- Manuela 21. Morariu Ana, Petroianu Grazia-Oana, Dăucianu (Avram) Mihaela 22. Morariu Ana, Dăucianu (Avram) Mihaela, Petroianu Grazia-Oana - Theoretical Aspects Regarding the Structural Deficit - European Union - Manifestation and Supervisory Framework for Emerging Market Economies. Indicators of Public Sector in Emerging Economies. - The Predictive Analysis of Going Concern Business at the Level of Economic Entities - Historical and Cultural Acconting Dimension, References for Romania 627 630 636 642 23. Negoescu Gheorghe - Evaluation Model of a Team Performances of a Mixt Department Based on Chronic Dysfunctions Analysis 648 xvi

24. Nicodim Liliana, Tileaga Cosmin - Analysis of the Impacts of Foreign Currency Savings 653 25. Nicolae Traian Cristin - A Discussion of Fair Value Accounting and accounting measurement regimes 658 26. Nitu Oana, Nitu Claudiu Valentin - Financial Risk Management for the Enterprise L'Oreal Paris 663 27. Pepi Mitica - Evaluation of Knowledge-based Assets in the Modern Economy 667 28. Popa George Dorel - Taxation and Tax code in Romania 673 29. Popa George Dorel - Tax Fraud in Romania 677 30. Radu Riana Iren, Isai Violeta 31. Radulescu Magdalena, Stanciu Radu - The Interest of Shareholders in Terms of IFRS vs. U.S. GAAP - The Euro Changeover Monetary Strategies of the European States that Joined the European Union: Bulgaria, Romania, Hungary, Czech Republic and Poland 681 686 32. Rus Mircea-Iosif - The Impact of Research and Innovation Activity in a Knowledge Society 693 33. Saveanu Cristina, Tofanica Ramona Ionela - Specific Features of Bank Financing for Companies in Restructuring Procedures 697 34. Shchurko Ulyana - Financial Security of Ukraine in the Postcrisis World 35. Sintea Lucica - Economic Risks during the Current Economic Crisis 703 708 36. Spatariu Elena Cerasela, Seria Crina, Caratas Maria Alina 37. Ştefan-Duicu Viorica Mirela, Ştefan-Duicu Adrian - Internal Audit and Added Value for Companies - Economic and Financial Analysis Integrated Part of the Economic and Social Dimension through the Specter of the Positive Theory of Accounting 712 716 38. Tofănică Ramona-Ionela, Săveanu Cristina - The Romanian Banking System Efficiency 720 xvii

39. Vezure Oana Sabina, Lupulescu-Caruntu Roxana Corina - Certain Aspects of Administrative and Financial Decentralization, Vital Condition of the Development of Public Administration 724 40. Vlad Costica - The Volatility of International Prices during the Crisis 728 xviii