SPECIFICITY OF THE LOCAL FIRMS ACTIVITY

Mihail Dimitriu
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Mihail Dimitriu: Centre for Financial and Monetary Research “Victor Slavescu”, N.I.E.R., Romanian Academy, Bucharest, Romania

Journal of Financial and Monetary Economics, 2016, vol. 3, issue 1, 106-119

Abstract: Currently, one of the unsolved problems in Romania is linked to disparities occurred in the living standards of the population in certain areas of Romania. To eliminate these disparities should, in our view, to put emphasis on the sustainable development of companies with activities at local level. Thus, it can provide sustainable jobs and on the consumer side, an offer of goods and services consistent with the sustainable needs of the population. The study makes a pertinent analysis (based on annual balance sheets) of economic and financial potential, utilization of potential, the results and performances of companies with activities locally in Romania between 2007 -2014, providing support for decisions to help the business environment in Romania.

Keywords: local communities; goods and services; companies’ activity (search for similar items in EconPapers)
JEL-codes: D04 D24 H41 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:vls:rojfme:v:3:y:2016:i:1:p:106-119

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