<abstract xmlns="http://www.w3.org/1999/xhtml"> The reformation of the bank systems’ regulation and supervision in The European Union was founded on a macroprudential approach to monitor systemic risks and the vulnerabilities in a more effective way. Considered as the backbone of the new macroprudential supervision architecture, the Bank Union raises intense debates among the catching up economies. The fact that there are few studies on the costs and benefits of joining the Bank Union for the Central and Eastern European countries, explains the different views of the decision makers concerning this issue. The study stresses the manner in which macroprudential policies were implemented in Romania, as a particular case among the CEE countries, and the extent of their contribution to mitigating vulnerabilities and maintaining financial stability. The paper summarises the main arguments in favour of joining the Bank Union by emphasising the Romanian monetary authorities’ stance compared to those of the neighbouring CEE countries.</abstract>

Alternative Views on the Participation of Non-Euro Zone Countries at the Bank Union

<abstract xmlns="http://www.w3.org/1999/xhtml"> The analysis of income at household level is highly important for understanding the poverty and for supporting the efforts to deal with poverty. Poverty measures can be calculated from a multitude of approaches. A common approach is to use household income and draw a minimum level of income required for a household to be considered above or below poverty. This paper looked at income at household level from a gender perspective and a marital status perspective in order to draw conclusions of the nature of household’s characteristics that are associated with higher or lower income as a proxy for poverty. Based on data collected in a low income township in South Africa, the regression analysis was applied to investigate the differences between different marital statuses and gender and how they are associated with different levels of income. The regression results reveal that female headed households have, on average, lower incomes compared to male headed households, and also, that married heads of households have higher incomes compared to the single, divorced, and widowed. The widowed had the lowest average income.</abstract>

A Gender and Marital Status Analysis of Household Income in a Low-Income Township

<abstract xmlns="http://www.w3.org/1999/xhtml"> Aiming to analyze the efficiency of the public sector, this paper enriches the literature by providing insights of the healthcare system for an emergent country - Romania. The empirical findings reached by applying the input orientated-variable return to scale (VRS) model of Data Envelopment Analysis (DEA) and Tobit regression method are determined on two key levels of the study. The Data Envelopment Analysis technique quantifies the efficiency within 20 representative hospitals located in the four administrative macro-regions, highlighting the ways of increasing efficiency, while the Tobit regression identifies the factors that influence the efficiency level. The results of the investigation allow for comparisons with other emerging countries, as efficiency has become an increasingly significant factor for public sector evolution.</abstract>

Performance Through Efficiency in the Public Healthcare System – A DEA Approach in an Emergent Country

<abstract xmlns="http://www.w3.org/1999/xhtml"> This paper investigates the determinants of access to formal credit by poor households in South Africa. Despite some progress in poverty reduction in the recent years, it remains astonishingly high by historical and international standards. Access to credit is believed by some scholars to be a primary means to address poverty and improve the standards of living of poor households. Thus, it is necessary to identify the determinants of the propensity to borrow and of the amount that is borrowed. Using 2008-2012 data from the National Income Dynamics Study (NIDS), a Heckman Selection model was estimated. The results from this study suggest that age of the household head, race, educational level, gender, employment, geographic location of households affect the propensity to borrow by poor households in South Africa.</abstract>

Determinants of Access to Formal Credit by the Poor Households

<abstract xmlns="http://www.w3.org/1999/xhtml"> The study aims to see if it could offer a positive response to the question whether the company’s financial performance depends on diversity of ownership structure, board and management team. Studies of this type have been made in the developed financial markets, but hardly any were made in recent years in emerging markets. The results of this study on the Romanian financial market indicate that relationships between ownership structure, board and management team composition and firm performance are mixed. ROA, ROE, ROS and P/BV as measures of firm performance are influenced by the presence of foreign shareholders, top foreign managers, and the percentage of women managers and by company’s size. Boards including foreign members are more inclined to appoint foreign managers and women in firm’s managerial teams, but a small number of such persons are not positively associated with an increased financial performance of the firm.</abstract>

Are Cultural and Gender Diversity Drivers of Firm Performance in Post- Crises Emergent Economies?

AHEAD OF PRINT

Volume 68 (2023): Issue 3 (December 2023)

Volume 68 (2023): Issue 2 (August 2023)

Volume 68 (2023): Issue 1 (April 2023)

Volume 67 (2022): Issue 3 (December 2022)

Volume 67 (2022): Issue 2 (August 2022)

Volume 67 (2022): Issue 1 (April 2022)

Volume 66 (2021): Issue 3 (December 2021)

Volume 66 (2021): Issue 2 (August 2021)

Volume 66 (2021): Issue 1 (April 2021)

Volume 65 (2020): Issue 3 (December 2020)

Volume 65 (2020): Issue 2 (August 2020)

Volume 65 (2020): Issue 1 (April 2020)

Volume 64 (2019): Issue 3 (December 2019)

Volume 64 (2019): Issue 2 (August 2019)

Volume 64 (2019): Issue 1 (April 2019)

Volume 63 (2018): Issue 3 (December 2018)

Volume 63 (2018): Issue 2 (August 2018)

Volume 63 (2018): Issue 1 (April 2018)

Volume 62 (2017): Issue 3 (December 2017)

Volume 62 (2017): Issue 2 (August 2017)

Volume 62 (2017): Issue 1 (April 2017)

Volume 61 (2016): Issue 3 (December 2016)

Studia Universitatis Babes-Bolyai Oeconomica

 The journal is an official publication of the Faculty of Economics and Business Administration, Babeș-Bolyai University, from Cluj Napoca. It is focused on scientific research of general interest in a broad range of disciplines, including:   macro- and microeconomics  economic policy  international and public economics  urban, rural and regional economics  finance and banking  accounting and audit  marketing  management and business  statistics, econometrics, and other quantitative methods  mathematics, game and decision theories  The journal is edited by an international board of editors, which ensures access to an international pool of referees and guarantees a high standard of contributions. The journal maintains a balance between theoretical and empirical work.  Rejection Rate   40%   Archiving  Sciendo archives the contents of this journal in Portico - digital long-term preservation service of scholarly books, journals and collections.  Plagiarism Policy  The editorial board is participating in a growing community of Similarity Check System's users in order to ensure that the content published is original and trustworthy. Similarity Check is a medium that allows for comprehensive manuscripts screening, aimed to eliminate plagiarism and provide a high standard and quality peer-review process. 