<abstract xmlns="http://www.w3.org/1999/xhtml"> Business valuation is dealing with a series of difficulties, legislative and/or normative inaccuracies, as well as problems related to divergent results obtained by standard approaches. This material is synthesizing some of these problems, highlighting possible research directions. Each of the standard approaches is investigated, theoretically and practically analyzed, and the conclusions constitute a basis for developing new theories in the field of valuation.</abstract>

PhD Candidate Bucharest Academy of Economic Studies,

„Vasile Goldis“ Western University of Arad,

Master Student „Vasile Goldis“ Western University of Arad,

Theoretical and Practical Issues in Business Valuation

<abstract xmlns="http://www.w3.org/1999/xhtml"> The level of crime in Nigeria has become devastating and in order to put more sanity into the economy and the country at large, the Government has embarked on different deterrence measures in curbing crime. Thus, this study examined the interaction of deterrence measures with crime in order to see how economic growth was affected when they were used in curbing crime at different instances. That is, the interaction of deterrence measures with crime informed us how they have helped in lowering crime in Nigeria for a better economic growth to subsist. The deterrence measures considered in this work are in line with the rational choice theory being the cost of crime imposed on the society. Furthermore, this study considered data from 1975 to 2013 with the use of autoregressive distributed lag model. Moreover, the results showed that crime dependency on deterrence measures asymmetrically constituted means of lowering economic growth in the country. Hence, this study suggested that prosecution should be well funded and in order to curb crime and improve economic growth in Nigeria. That is, this would afford the country to reduce the congestion of prison inmates and thus, it would discourage long waiting trials.</abstract>

Ph.D. Student Department of Economics, School of Economics, Finance and Banking, Universiti Utara Malaysia Sintok 06010,

Department of Economics, School of Economics, Finance and Banking, Universiti Utara Malaysia Sintok 06010,

The Link Between Economic Growth, Crime and Deterrence Measures in Nigeria

<abstract xmlns="http://www.w3.org/1999/xhtml"> The paper analyses the trend of globalisation, trade openness and foreign direct investments (FDI) in Romania and the link between them in the last 25 years. Data from UNCTAD, World Bank and KOF globalisation index were used in econometrical models testing the link between globalisation, trade openness and foreign direct investment. A strong positive and statistical validated link is found between globalisation and FDI, between trade openness and FDI, and between FDI and globalisation. In the context of Romanian economy, these three phenomena are interrelated and each of them is acting to potentiate the effect of the other. Moreover, a multivariate regression analysis emphasized the dependency between globalisation index and foreign direct investment, trade openness and market capitalisation. These results can be taken into account when national policies aiming to attract FDI and stimulating export-import activities are designed.</abstract>

Globalisation, Trade Openness and Foreign Direct Investment in Romania

<abstract xmlns="http://www.w3.org/1999/xhtml"> The article clarifies the concept of “innovation”, including “educational innovation”, examines some innovative teaching methods in universities. The main approaches of implementation innovations in modern higher education of Ukraine are analysed. It also defines the differences between traditional and innovative teaching, discovers different variants of the classification of innovative teaching methods and formulates basic approaches to the selection of innovative didactic purpose in accordance with the classes, the advantages and disadvantages of the use of certain methods. It tightly describes actual interpretation of innovative study methods in the Ukrainian higher educational institutions, as well as the realization of the innovative aspects in the separate Ukrainian universities. The importance of innovation in the learning process of entering higher education of Ukraine into the European educational space is also being highlighted.</abstract>

Candidate of Sciences (Pedagogics), Associate Professor, Deputy director of the Educational and Research Institute of European Integration Studies of the SU “Uzhhorod National University”,

Candidate of Sciences (Physics and Mathematics), Associate Professor, Deputy director of the Uzhhorod Institute of Trade and Economics of Kyiv National University of Trade and Economics,

Innovative Directions of the Higher Education of Ukraine

<abstract xmlns="http://www.w3.org/1999/xhtml"> The emergence of the female entrepreneurial social class is certain and convincing in many countries, including Romania. Through this study we wish to portray a relevant image regarding the situation of female entrepreneurship in Romania. The starting point and a question to which many seek answers are: What was and is the economic strength of female entrepreneurship in Romania? After a short historical presentation regarding the evolution of feminine entrepreneurship, we presented the analysis of results after 25 years of democracy and capitalism. The main inference that we have deducted was: that the number of female entrepreneurs is on ascending path.</abstract>

Professor PhD “Vasile Goldis” Western University of Arad,

Assistant PhD “Vasile Goldis” Western University of Arad,

Associate Professor PhD “Vasile Goldis” Western University of Arad,

The Analysis of the Emergence and Development of Female Entrepreneurship in Romania

<abstract xmlns="http://www.w3.org/1999/xhtml"> The study aims at highlighting the link between educational marketing (product/service and price determination for educational services) and investment in education, using empirical models and customization of classic approaches (interpolation method) addressed to individual educational investment. The methodology discussed in the paper, considers essential invariants of these educational investments, such as seniority - part of the work experience and period of studies. In the models presented, the level and the period of studies are quantified through transferable credits, expressing units of time, normal volume of working alleged student learning. It is also used a parameter which introduces an essential element of the quality of work - the psycho-physical characteristics of the fellow that are correlated with age.Empirical study materializes on developing, while testing and validation of the models show that the rate of return to investment in education is a rationale for individuals to decide investing in their education. The study offers some customized recommendation to improve reverse marketing price policy of the educational services. The study results lead us to the conclusion that education providers (colleges, universities, other training entities) and clients should take into account that education is an investment. The private return of investment in education - as argument of educational marketing (price policy) is increasingly important in the context of a fragmentary and dynamic market, led by strong competition.</abstract>

Associate professor Ph.D “Vasile Goldis” Western University of Arad,

Lecturer Ph.D “Vasile Goldis” Western University of Arad,

Price Determination for Educational Services Based on the Investments in Education

<abstract xmlns="http://www.w3.org/1999/xhtml"> The SMEs in Romania, which remained reliable after the economic crisis, had a better dynamic of business development in relation to large and very large companies. The increase of the fiscal value of these companies has improved every year, leading to spectacular results in certain fields of activity, particularly services, trade and IT. After the economic crisis, the SMEs from the Western region had a dynamic business market, outstripping all other regions of economic development. The result was the increase in the number of SMEs and the number of jobs in this region. In this article, we propose a mathematical model based on multivariate analysis, specifically on cluster analysis, in order to analyse the economic activities of SMEs in the Western development region. Cluster analysis is a multivariate analysis method that includes algorithms able to identify and group efficiently and descriptively a similar group in terms of certain common properties, in a lot of time objects.The purpose of this paper is the analysis of the economic efficiency of SMEs’ activities in the Western area of Romania and the extraction of activities through modeling in order to maximise the efficiency of the companies in the future.</abstract>

Department of Mathematics, West University of Timisoara, Timisoara,

Department of Engineering and Computer Science, “Vasile Goldis” Western University of Arad,

Analysis of the Evolution of SMEs in Western Romania Between 2011–2014, Using the Mathematical Modelling

<abstract xmlns="http://www.w3.org/1999/xhtml"> The paper aims at highlighting a current phenomenon on the labour market in Romania, related to the existence of important categories of unemployed persons and looking for a job, but not registered in the statistics of state institutions dealing with unemployment.The analysis is conducted in the area of western Romania (for the Arad, Bihor and Timis counties) and aims categories of unemployed people with different skill levels, which for different reasons, are not accounted for statistically.</abstract>

PhD “Vasile Goldis” Western University of Arad,

PhD Candidate “Vasile Goldis” Western University of Arad,

Specific Aspects of Unregistered Unemployment in the Western Part of Romania

AHEAD OF PRINT

Volume 34 (2024): Issue 2 (June 2024)

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Studia Universitatis „Vasile Goldis” Arad – Economics Series

 The Journal Studia Universitatis "Vasile Goldiş" Arad. Economic Sciences, ISSN 1584 - 2339 has a long history in contributing to the research in Economics-related fields of interest, since its first edition in 1990.  Until now, the journal has been published annually by "Vasile Goldis" Western University of Arad, at its own Publishing House. Moreover, during the years Studia Universitatis "Vasile Goldiş" Arad. Economic Sciences has been evaluated by the National Council of Scientific Research in Higher Education of Romania in the B+ category, code 792 as recognition of its national visibility.  The principal purpose of the journal is to publish scholarly work in the Economic Sciences, promoting relevant and insightful research in all related fields, within a sound methodological framework. In this journal, the Editorial Board wants to provide high quality articles in the economics field. However, the objective regarding publishing the original contribution in the Economic Sciences filed does not infringe the interdisciplinary, multidisciplinary and transdisciplinary approaches of the complex economic phenomenon and their connections. In this sense, many articles provide a strong enactment of law regarding the application and enactment the commercial law, civil law and tax law. The research published in the Journal is used to demonstrate the academic medium, students and specialist as the ways in solving different problems tackled by the different articles and authors. The econometric techniques and modelling relationship demonstrate the usefulness of different techniques in the solution of the different problems. Part of the articles published in this Journal are an improving path of the articles sustained at the different conferences organized by the University were different specialist gathered and debated some high relevant and important topics. The results of the research are directed also to some practical organizations in order to increase the practical usage of the economical techniques. Another part of the articles derived from different partial of final results of several research projects, fact that will increase the scientifical relevance. Finally, by using a specific structure of the article, meaning introduction, literature review, methodology, main finding results, discussion and conclusion will improve the understandings of the different research methods used in economic theory and practice in order to evaluate and assess more accurate the soundness of the final results of the research.  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.  Why subscribe and read   High quality articles in the area of economics Articles published after a serious double blind review process with prestigious national and international reviewers Articles having a powerful economic research insight for both theoretical, econometrical and practical perspective Multidisciplinary, Transdisciplinary and Interdisciplinary approach of the articles   Why submit   The rejection rate is approximately 80% The Editors provide fast route for the publication process and fully access to DeGruyter e-technology International Scientific Board with high - quality research specialists around the world