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Corruption - An Inhibiting Factor For The Efficient Implementation Of Structural Funds In Romania

Author

Listed:
  • Leontina Pavaloaia

    (Alexandru Ioan Cuza University of Iasi, Romania)

Abstract

Irrespective of the cultural environment in which companies operate (Europe, Asia, America or any other geographical area), intangible assets have a significant role in the development of a business since they contain knowledge that can be the engine of the respective business and they can offer competitive advantage. The current article is a study of companies listed on BVB under category I. We have considered the percentage of intangible assets that the latter companies have and that are present in financial statements, and their value under the circumstances in which the market value is higher than net assets.

Suggested Citation

  • Leontina Pavaloaia, 2012. "Corruption - An Inhibiting Factor For The Efficient Implementation Of Structural Funds In Romania," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 4(3), pages 396-406, September.
    • Handle: RePEc:jes:wpaper:y:2012:v:4:i:3:p:396-406
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    File URL: http://ceswp.uaic.ro/articles/CESWP2012_IV3_PAV.pdf
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    References listed on IDEAS

    as
    1. Ion Anghel, 2008. "Intellectual Capital and Intangible Assets Analysis and Valuation," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 3(3(520)), pages 75-84, March.
    2. Carol Corrado & Charles Hulten & Daniel Sichel, 2009. "Intangible Capital And U.S. Economic Growth," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 55(3), pages 661-685, September.
    3. Doina FOTACHE & Luminita HURBEAN, 2006. "Enterprise Resource Planning and E-Business," Informatica Economica, Academy of Economic Studies - Bucharest, Romania, vol. 0(3), pages 137-140.
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    JEL classification:

    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General
    • M49 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Other

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