The aim of this paper is to analyse the evolutions and the correlation between corruption
and overall tax burden. This analysis is realized for UE 27 members, for the period 1995 …

There are many concerns in the financial literature that law can influence the financial
development of a state and the mergers and acquisitions area makes no exception. In every …

Extending the twin-agency problem model, this paper shows that political corruption affects
firms by empowering the controlling shareholders and thereby intensifying agency conflicts …

Estimation of the control premium remains one of the main concerns in the financial
literature: different approaches take into consideration synergistic effects, agency problems …

This paper analyzes the dividend payout by Romanian companies listed on the Bucharest
Stock Exchange in connection with the changes in corporate taxes. If the tax burden on …

The aim of this study is to examine whether there is an impact of geographical proximity,
between the acquirer and the target company of a takeover process, on the success of the …

Посвящена исследованию специфики корпоративных финансовых решений компаний
на данных с развивающихся рынков капитала. В книге предпринята попытка …

The paper presents a series of new statistical methods which can be used in order to
working out some extrapolation-based forecasts. The study begins with the deterministic …

This paper analyzes the closed-end fund puzzle for an emerging capital market, respectively
the Romanian one. Comparatively to more developed markets, as long as small markets are …

This paper performs an analysis of the regulation regarding minority shareholders protection
in Romania. The paper estimates the level for minority shareholders protection based on the …