Universitatea din Bucuresti, Facultatea de Administratie si Afaceri

Creative Commons License
Content on this site is licensed under Creative Commons Attribution-ShareAlike 4.0

Double Blind Review Evaluation




ISSN-L 1453-0503
ISSN (e) 2286-170X
ISSN (p) 1453-0503



Elisabeta Queen
No. 4 - 12, District 1,
Bucharest, Romania

see area map


Tel: +4 021 310 49 20
Fax: +4 021 310 49 20



Site Vechi/ Old Site


The virtuous circle and the vicious circle in managerial training investment


download file

Creative Commons License

  1. Authors:
      • Ph. D. Student Cristina Călugăru, email: christichirita@yahoo.com, Afiliation: Romanian Academy, Bucharest, Romania

      • 34|43

  2. Keywords: investment in managerial training, performance gap, managerial competences, the need for managerial training and improvement, virtuous circle, vicious circle, empiric study on management skills.

  3. Abstract:
    In parallel with the consolidation of the view that there is a real need to train and improve enterprises’ managerial staff – also in parallel with the increase of expenses incurred by enterprises in this direction, in the past decades this investment in managerial training is rather preparatory for the subsequent professional evolution of the people appointed in management positions of said enterprises – direct beneficiaries of these training or improvement programs. Thus, there appears a gap between what enterprises wish to obtain, by implementing such training and development programs, and what they are actually obtaining: in fact, the investment ‘leaks’ from the virtuous circle1 of acquisition of higher managerial competences and of their application in said enterprises (to obtain better economic performances, in activities that are more and more competitive), into the vicious circle of non-using this investment in management training, for many various reasons that we could identify using the results of empirical research.

download file

Creative Commons License


  1. Manager, indexed by Directory of Research Journals Indexing

    Manager is included in Directory of Research Journals Indexing . For details

  2. Manager, indexed by Google Scholar Database

     Manager  is included in  Google Scholar  Database. For

  3. Manager, indexed by PROQUEST Database

     Manager  is included in  PROQUEST Database. For details

  4. Manager, indexed by INDEX COPERNICUS Database

    Manager  is included in INDEX COPERNICUS Database. For details

  5. Manager, indexed by DOAJ Database

    Manager is included in DOAJ Database. For details : http://www.doaj.org/doaj?func=openurl&genre=journal&issn=14530503

  6. Manager, indexed by RePEc Database

     Manager  is included in  RePEc Database. For details :

  7. Manager, indexed by CEEOL Database

    Manager is included in the International Database CEEOL-Central and Eastern European 

  8. Manager, indexed by EBSCO-CEEAS Database

     Manager  is included in  EBSCO-CEEAS Database. For details :