Browsing: G21

2017

Financial innovation implications on a company financial management

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Introduction. The impact of financial innovation is reflected in many aspects that best can be highlighted through the benefits and disadvantages of creating, implementing and using innovative financial products and services

Aim of the study. The paper tries to analyze the implications of financial innovation on a company financial management starting with a synthesis of the ways of financing a company. The differences between these ways have significant importance on how financial innovation has an impact. Another essential issue is highlighted by the characteristics and the typology of instruments issued by financial innovation.
Keywords: financial innovation, financial management, functions of financial services
JEL Classification: G21, G22, G31

2019

Accounting Aspects of Banking Risk Management

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Introduction. Recognizing that banking accounting risks are a field of uncertainty, regulatory bodies in the accounting field have taken their views on the obligation to present the main assumptions of valuation. This information is designed to allow users of financial statements to assess whether companies are prudent or not in establishing their values.

Aim of the study. Over the past decades, banking services have expanded considerably. Newly emerging financial services institutions have become competitors to commercial banks.Institutional investors, with various investments, often promising higher returns on bank deposits and providing greater flexibility, attracted a growing pool of savings and offered alternatives to those seeking funds.
Keywords: risk management, accounting, bank risk, financial stability
JEL Classification: F33, G21

2019

The Evolution of Bank Lending at Regional Level in Romania

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Introduction. As a result of the economic and financial relapses following the international financial crisis started in 2007, the examination of the way in which the bank lending of the non-financial companies at regional level in Romania evolved is relevant on the one hand, by presenting the transformations suffered by the credit conditions, and, on the other hand through its implications on the level of regional development, the absorption of structural and cohesion funds offered by the European Union, access to financing, as and the use of new financing methods.

Aim of the study. The approach by which this research is carried out is based on a qualitative method, and considers the collection, analysis and interpretation of the data from 2015 and 2019 included in the surveys and statistical studies carried out by the specialists of the National Bank of Romania and other Romanian institutions. The results of research underline a sustained correlation between the evolution of bank lending and the other aspects mentioned above, highlighting the importance of access to bank financing at territorial level in order to increase the level of regional development in Romania.
Keywords: bank lending, credit conditions, regional development, European funds absorption
JEL Classification: G21, G32

2019

Can Mobile Payments Boost E-Commerce Business in Romania?

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Introduction. The purpose of this paper is to highlight the influence of mobile payments on the development and consolidation of E-commerce businesses in Romania, as well as the tendencies of using mobile banking and mobile payments applications by consumers in this area. At the same time, the author makes a brief comparison of the mobile payment companies in Romania for 2019, in order to outline the features, advantages and benefits offered by them in the current context of business transformation by digital disruption.

Aim of the study. The research methodology is based on the analysis and interpretation of the data provided by the recent studies conducted by specialized companies in the field of Ecommerce and mobile payments, as well as based on the comparison method used to classify the services offered by the mobile payment companies. The findings of the research show that the impact of the introduction and use of mobile payments in Ecommerce businesses in Romania is a substantial one from the point of view of the increase of sales and profit, also showing an increase in the number of mobile payments companies in the conditions of diversification of their services.
Keywords: mobile payment, E-commerce business, Fin Tech companies, digital disruption
JEL Classification: G21, G23, L81