IREK – AESM: Institutional Repository of Economic Knowledge
Not a member yet
3475 research outputs found
Sort by
Vertical agreements on digital markets
Get PDFPARCALAB, Carolina. Vertical agreements on digital markets. In: Development Through Research and Innovation - 2022 [online]: The 3nd International Scientific Conference: Online Conference for Researchers, PhD and Post-Doctoral Students, August 26th, 2022, Chişinău. Chişinău, ASEM, 2022, pp. 38-55. ISBN 978-9975-3590-5-4 (PDF).Introduction: Moldovan competition regulations have been modernized in 2012 in the spirit of European directives. However, European entrepreneurial experience, competitive culture, and case law in the field of competition rules’ enforcement are far above. The absence of an extensive experience in this field leads often to confusion about the practical application of competition rules, and the risk exists that pro-competitive economic behaviour is wrongly blamed as an anti-competitive practice. Vertical restraints may be often identified in business contracts with vertical structures, such as supply, distribution, franchising, and agency agreements, whether such contracts are implemented in traditional or digital markets. Digitization and innovative technological solutions have substantially changed the production and distribution chain of goods and services. A good example in this sense is the book market where digitization has had a sensational effect on competition. The launch of the Kindle by Amazon in 2007 has shaken the market for e-books traded online, leading to settlements between major book publishers and e-book distributors agreeing on parity obligations, which have raised competition concerns with authorities in several countries. Agreements between print, e-book, and audio-book publishers and their distributors (Amazon, Apple) have been subject to competition investigations by US and EU competition authorities, as well as by the European Commission, where potentially anticompetitive vertical restraints have been identified. Aim: This article aims to investigate the boundaries between the legal and economic essence of vertical restraints; the benefits that such restraints may have over the competition and the impact of digitalization on the firms’ behaviour when agreeing on vertical restraints in their new business models. Method: To study the subject approached in this article, the following research methods were applied, such as analysis and synthesis of conceptual approaches to the use of vertical restraints in the digital economy, to elucidate the factors influencing the firms to use vertical restraints in their business activity and to formulate conclusions and own opinions about how the digitalization influenced the competitive assessment of vertical restraints. Findings: Vertical restraints are not always a peril for competition, and their primary purpose is to remove market failures such as double marginalization, free riding, information asymmetries, or the risk of not recovering significant investments. They may have a pro-competitive effect, but sometimes it is impossible for businesses to clearly determine the limit beyond which they cannot agree upon vertical restrictions in their contracts. A proper understanding of vertical restraints, their necessity, and how they "behave" in the digital world can help entrepreneurs to use them rationally, leading to efficiency gains for both new business models and society at large. At the same time, national competition rules are to provide the necessary protection of markets and consumers from anticompetitive vertical restraints. CZU: 339.137.2:[339.9:004.738.5]; JEL: D41, K21, DOI: https://doi.org/10.53486/dri2022.0
The profitability of the government securities: interest rate vs. yield
Get PDFSPEIAN (FRISCU), Olesea. The profitability of the government securities: interest rate vs. yield. In: Development Through Research and Innovation - 2022 [online]: The 3nd International Scientific Conference: Online Conference for Researchers, PhD and Post-Doctoral Students, August 26th, 2022, Chişinău. Chişinău, ASEM, 2022, pp. 159-167. ISBN 978-9975-3590-5-4 (PDF).The profitability of the financial instruments is in tandem with the managerial investment decision. To take right decisions the investors must have practical skills. Thus besides the general notions of government securities, investors must be familiar with the main calculation formulas applied to determine their profitability. In this context, the author shows how the price and the interest rate/yield of the government securities issued through the auctions by the government are determined. Based on this, investors can easily appreciate which government securities to buy: treasury bills or government bonds. The results indicate that the same debt instrument has a different interest rate and yield. Also, the paper highlights the yield curve’ importance and use. CZU: 336.763.33(478); JEL: G12, G23, H63; DOI: https://doi.org/10.53486/dri2022.1
Tendințe în domeniul antreprenoriatului social în Europa
Get PDFCHIRILOV, Ionela. Tendances dans le domaine de l'entrepreneuriat social en Europe = Tendințe în domeniul antreprenoriatului social în Europa. Coord. șt.: HĂBĂȘESCU, Mariana. In: Simpozion Ştiinţific al Tinerilor Cercetători, (8-9 aprilie 2022) [online]: Culegere de lucrări ştiinţifice. Ediţia a 20-a. Chişinău: ASEM, 2022, vol. 1, pp. 95-99. ISBN 978-9975-3590-2-3 (PDF).Étant à l'ère des développements continus dans tous les domaines, nous arrivons au fait que nous vivons dans une modernisation qui a conquis tout l'univers. L'idée d'entrepreneuriat social a une connotation extrêmement généreuse et semble très actuelle à notre époque. Elle allie la passion d'une mission sociale à l'image d'une discipline orientée vers le profit, ainsi qu'à l'innovation et à la détermination habituellement associées aux pionniers des hautes technologies. Selon les statistiques rendues publiques au niveau de l'UE, plus de 11 millions d'Européens travaillent dans l'économie sociale, un secteur qui inclut les entreprises sociales, et environ 10% de la communauté des affaires européenne est dédiée aux entreprises sociales, celles-ci intégrant plus de 11 millions de salariés. Face aux changements sociétaux mondiaux, de la révolution numérique aux émeutes environnementales, les nouvelles des solutions et des innovations ont vu le jour ces dernières années en Europe et dans le monde. lacunes, tiers-lieux et revalorisation des espaces ouverts, économie circulaire, toujours techniques, inclusion et insertion sociale, mode éthique et responsable, réduction et recyclage des déchet. L'expérience de l'Union européenne en matière de soutien à l'entrepreneuriat social montre cette amplitude. CZU: 005.35(4); JEL: L26, L31;DOI: https://doi.org/10.53486/9789975359023.1
Aspecte aplicative privind contabilitatea operațiunilor de export
Get PDFRUSU, Maria, ȚUGULSCHI, Iuliana. Application aspects regarding the accounting of export operations = Aspecte aplicative privind contabilitatea operațiunilor de export. In: Provocările contabilităţii în viziunea tinerilor cercetători [Resursă electronică]: Conf. şt. intern. studenţească, ISSC 2022: Culegere de articole ştiinţifice, Ed. a 6-a, 11-12 martie 2022. Chişinău: ASEM, 2022, pp. 237-242. ISBN 978-9975-155-87-8 (PDF).The agriculture and agri-food sector is a substantial driver of Moldova’s international trade and export competitiveness. This note examines numerous studies that have been done to date on Moldova’s agriculture sector and its export competitiveness, synthesizes the findings, and presents recommendations. In order for significant exports to the EU to become reality, Moldova’s famers and exporters will need to adhere to the high product quality standards and traceability required in these markets, improve the quality of packaging, and in some cases, adjust the grading specifications. Achieving this requires actions to improve practices during growing and harvest; improve post-harvest handling and infrastructure; and improve the flow of market information and requirements to producers. CZU 657:339.564(478); JEL: M41; DOI 10.5281/zenodo.671888
Rising and thriving in the post COVID-19 era: the case of antifragility in a cosmetics company
Get PDFIVASCENCO, Iulia. Rising and thriving in the post COVID-19 era: the case of antifragility in a cosmetics company. În: Strategii şi politici de management în economia contemporană [Resursă electronică]: conf. şt. intern., ediţia a 7-a, 9-10 iunie 2022. Chişinău: ASEM, 2022, pp. 122-128. ISBN 978-9975-147-65-1 (PDF).Antifragility is the ability of organizations to face difficulties and improve their strategic position. Manufacturers, as opposed to service companies, are burdened by high fixed costs, impeding in developing antifragility. The purpose of the article is to analyze the factors that enhance antifragility in a cosmetics company. The article is exploratory in nature. The case of a cosmetics company that improved its business model and strengthened its competitive position during COVID-19 pandemic was analyzed. The author found that antifragility is a mix of operational agility, context intelligence and entrepreneurial attitude. The main resources and capabilities supporting the development of antifragility in the cosmetics company are slack financial resources and a large and varied network of partners for innovation and research. The creativity, velocity and operational agility were the main capabilities found. This article offers directions for entrepreneurs in the cosmetics industry to be prepared for adversity and turn it, as much as possible, into opportunities. The concepts of resilience and agility have been broadly studied, however there is a lack of research on antifragility. This is the first case study to explore factors enhancing antifragility in the cosmetics industry in Eastern Europe. CZU: [005.332.2:005.591.1]:687.5(478); JEL: Q57, L26
Interpreting the correlation between fiscal policy and economic growth in the Republic of Moldova
Get PDFBULGAC, Corina. Interpreting the correlation between fiscal policy and economic growth in the Republic of Moldova. In: 30 years of economic reforms in the Republic of Moldova: economic progress via innovation and competitiveness [online]: The International Scientific Conference dedicated to the 30th Anniversary of the establishment of the Academy of Economic Studies of Moldova, September 24th-25th, 2021, Chisinau. Chișinău: ASEM, 2022, vol. 3, pp. 349-357. ISBN 978-9975-155-66-3.Economic growth is one of the main objectives of the state's economic policy. The experience of several countries shows that most economic recovery policies are based on tax policy instruments, which generate favorable consequences for the real state economy. In this context, the topicality of the research theme can be underlined, which consists in the appropriate identification and optimal correlation of fiscal policy instruments according to the specifics of the national economy and the current stage of development in order to stimulate economic growth. DOI: https://doi.org/10.53486/9789975155663.45; CZU: 336.221.2.02:330.35(478); JEL: E62, F43, H25, H30, O23
Simpozion Ştiinţific Internaţional al Tinerilor Cercetători, Ediţia a 20-a, (8-9 aprilie 2022): Culegere de lucrări ştiinţifice: Volumul 2.
No full textSimpozion Ştiinţific Internaţional al Tinerilor Cercetători, Ediţia a 20-a, (8-9 aprilie 2022) [Resursă electronică]: Culegere de lucrări ştiinţifice. Colegiul de redacţie: Alexandru Stratan (redactor-şef) [et al.]. Chişinău: ASEM, 2022, vol. 2. 298 p. ISBN 978-9975-3590-3-0 (PDF)Acest Volum include lucrările ştiinţifice a studenţilor (Ciclul I) și elevilor (Colegiu) prezentate la Şimpozionul Ştiinţific al Tinerilor Cercetători, 8-9 aprilie 2022, care s-a desfăşurat în cadrul Academiei de Studii Economice a Moldovei (ASEM), Chişinău, Republica Moldova. DOI: 10.5281/zenodo.754298
Financial strategy as a component of the general strategy of the enterprise
Get PDFSUVOROVA, Iulia. Financial strategy as a component of the general strategy of the enterprise. In: Competitiveness and Innovation in the Knowledge Economy [online]: 26th International Scientific Conference: Conference Proceeding, September 23-24, 2022. Chişinău: ASEM, 2022, pp. 447-451. ISBN 978-9975-3590-6-1 (PDF).The article is devoted to the study of the role and significance of the financial strategy in the formation of the overall strategy of the enterprise. The principles and factors of the financial strategy of the enterprise are revealed. The financial strategy provides for the definition of long-term goals of financial activity and the choice of the most effective ways to achieve them. It is with the help of the optimally chosen financial strategy, the company gets the opportunity to successfully operate in the market and adapt to market conditions. Thus, the need to develop a financial strategy is that it includes methods and practices of formation of financial resources, their planning and ensuring the stabilization and financial stability of the enterprise in the competitive market conditions of functioning. The success of financial strategy of the enterprise is guaranteed when strategic financial goals meet the real economic and financial capabilities of the enterprise, when financial management is clearly centralized, and management tools are flexible and adequate to changes in the real financial - economic situation. Implementation of financial strategy as an information product of management in the form of decisions, plans, programs is not the main goal of functioning of an enterprise. CZU: 005.915:005.21; JEL Classification: G30; DOI: https://doi.org/10.53486/cike2022.5
Studiu privind evoluția cercetărilor aferente contabilității de gestiune prin prisma analizei bibliometrice
Get PDFBARAC, Cătălina, MIHAILA, Svetlana. Study on the evolution of research related to management accounting through the prism of bibliometric analysis = Studiu privind evoluția cercetărilor aferente contabilității de gestiune prin prisma analizei bibliometrice. In: Provocările contabilităţii în viziunea tinerilor cercetători [Resursă electronică]: Conf. şt. intern. studenţească, ISSC 2022: Culegere de articole ştiinţifice, Ed. a 6-a, 11-12 martie 2022. Chişinău: ASEM, 2022, pp. 119-123. ISBN 978-9975-155-87-8 (PDF).Technological progress and trade liberalization have led to economic growth recently, so competition in the market has become fiercer, and the magnifying glass for profits remains the primary goal of the business. To resolve this situation, management accounting provides managers with information on the costs and expenses of the entity, represented as concisely and clearly as possible in order to formulate development strategies, cost optimization policies and business efficiency methods. CZU: [657.31+657.47]:[001.92:02]; JEL: M40, M41; DOI 10.5281/zenodo.671790
Barriers in intercultural communication and ways to overcome
Get PDFRUSU, Djulieta, PÎRLOG, Angela. Barriers in intercultural communication and ways to overcome. In: Competitiveness and Innovation in the Knowledge Economy [online]: 26th International Scientific Conference: Conference Proceeding, September 23-24, 2022. Chişinău: ASEM, 2022, pp. 157-161. ISBN 978-9975-3590-6-1 (PDF).In the following article, we propose to analyze elements likely to obstruct the proper development of intercultural communication, contributing to the decrease of the degree of fidelity, accuracy and efficiency of the message transfer. In order to have a successful intercultural communication, it is necessary to take into account the characteristics of a certain type of national culture, whose representatives come into contact. The model disscused in the present paper is the most popular one, that of Geert Hofstede with its 6 dimensions, and their values and contribution to communication in the Republic of Moldova. CZU: 316.77:808.5(478); JEL: A 22, I 21, M14, Z13; DOI: https://doi.org/10.53486/cike2022.1