Papers by Andrei Stanculescu
Romania's integration into the European Union is a complex, long-term process, entailing expectat... more Romania's integration into the European Union is a complex, long-term process, entailing expectations and requiring contributions from the whole range of the Romanian society components; integration engenders opportunities, but also conditionalities, potential advantages, but also inevitable costs. Given its crucial importance, the quality of this process should be subjected to explicit consideration, from a pragmatic point of view, by formulating and operationalising valid answers, to the question as to "How do we get integrated?" At present, when one year has already elapsed since the adherence, as for the approach of Romania's European integration issues is concerned, certain inertial effects of the dominant logic of consistency with the accession criteria, peculiar to the candidate country previous status, are still manifest. As against the anchor of the integration quality, pertaining to the post-accession development, there is suggested, as an alternative, the adoption of the dominant logic of proactivity; accordingly, the main types of competences corresponding to the latter are highlighted: the strategic thinking competence, the negotiation and multi-actor decision-making competence, the inter-cultural communication competence, and the project-based, collaborative action competence.
The accession to the European Union has had a significant impact on the Romanian capital market. ... more The accession to the European Union has had a significant impact on the Romanian capital market. In this paper are presented some aspects of the capital market which are influenced by the mentioned event, such as a harmonized legislation with EU legislation and restructured capital market architecture. In order to synthesize the accession effect on the Romanian capital market, we
Theoretical and Applied Economics, 2008
This paper aims to measure the extent to which banking systems from Central and Eastern Europe ha... more This paper aims to measure the extent to which banking systems from Central and Eastern Europe have been characterized by banking consolidation through mergers and acquisitions and the extent to which this process led to the concentration of the banking ...
Annals of the University of Petrosani Economics, 2008
ABSTRACT In essence, the concept of corporate governance refers to the coordination of interests ... more ABSTRACT In essence, the concept of corporate governance refers to the coordination of interests of the various stakeholders of the company: shareholders, managers, employees, creditors, customers, suppliers, state, etc. In every company’s environment there is a set of specific relationships between the physical or legal persons who have an interest (“stake”) in the business. In pursuit of entrepreneurial activity, the management or the governance of the company must take into account the inherent conflicts produced by the coexistence of multiple interests in the corporation. This paper focuses on the corporate governance concept and on three principal models for the corporate governance system
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Papers by Andrei Stanculescu