The Contribution of the Accounting Professional to the Maintenance of Company Capital – Applicability in Consumer Cooperatives in Dâmbovița County

Marinela-Daniela Manea and Mariana Zamfir
Additional contact information
Marinela-Daniela Manea: Valahia University of Targoviste, Romania
Mariana Zamfir: Valahia University of Targoviste, Romania

Economics and Applied Informatics, 2024, issue 3, 140-145

Abstract: In a globalized world where the economic dimension of entities is paramount, cooperatives are organizations with a unique behavior and dynamics. Their limited visibility stems from the lack of understanding by other economic cycle participants of the current and potential contribution of the cooperative sector to sustainable development. Having endured numerous crises – marginalization post-1990, the global crisis of 2008, and the COVID-19 pandemic – cooperatives have found a true ally in the accounting profession and its specialists on the complex path of resilience in a constantly changing society. This material discusses the contribution of the accounting professional in identifying new methods and strategies for maintaining this type of private capital economic operator on the market. This includes processes such as mergers and absorptions between first and second-grade cooperatives, digitalization of processes by connecting stores located in the territory to a central server accessible to the accounting professional with just a click, etc.

Keywords: consumer cooperative; accounting professional; digitalization strategy; merger-absorption (search for similar items in EconPapers)
Date: 2024
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://eia.feaa.ugal.ro/images/eia/2024_3/Manea_Zamfir.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ddj:fseeai:y:2024:i:3:p:140-145

DOI: 10.35219/eai15840409438

Access Statistics for this article

More articles in Economics and Applied Informatics from "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration Contact information at EDIRC.
Bibliographic data for series maintained by Gianina Mihai ().