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The Orientation Towards The Private Pension System – A Consequence Of The Public Pension System’S Unsustanability

Author

Listed:
  • Lect. Ph.D Mangra Madalina Giorgiana
  • Assoc. Prof. Ph.D Stanciu Marieta
  • Lect. Ph.D Sperdea Natalita Maria

    (University of Craiova, Faculty of Economics and Business Administration, Craiova, Romania)

Abstract

The accountancy provides knowledge which can help managers make decisions about economic efficiency. This paper introduces few accounting instruments whose practical applications provide necessary knowledge for decision-making process, with the usage of concrete examples from forestry. The essay proposes ways of transforming accounting information into necessary knowledge for managers to make informed decisions, using calculation of profitability indicators, cost indicators, financial and economic analysis, financial administration accounting tools, cash-flow and budget. The writing bring forward, also, new research in the field of forest management decision support systems.

Suggested Citation

  • Lect. Ph.D Mangra Madalina Giorgiana & Assoc. Prof. Ph.D Stanciu Marieta & Lect. Ph.D Sperdea Natalita Maria, 2010. "The Orientation Towards The Private Pension System – A Consequence Of The Public Pension System’S Unsustanability," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(14), pages 61-68, April.
  • Handle: RePEc:aio:rteyej:v:1:y:2010:i:14:p:61-68
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    More about this item

    Keywords

    public pension system; the multiple pylons private pension system; funds of pensions; profitability and guarantee fund;
    All these keywords.

    JEL classification:

    • G13 - Financial Economics - - General Financial Markets - - - Contingent Pricing; Futures Pricing
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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