Section I: International Affairs

Section II: Regional Development, Integration and Globalization

Drivers for Development Triggered by the Trilogy Tourism-Underwater Cultural Heritage-Environmental Protection, in Maritime Spatial Planning

Kamer-Ainur AIVAZ, Mari-Isabella STAN, Ionela IONITIU -pg. 2

Why Should Fisheries and Agriculture Be Considered Priority Domains for Maritime Spatial Planning in the Black Sea? A Stakeholder Perspective.

Kamer-Ainur AIVAZ, Mari-Isabella STAN, Dragos-Florian VINTILA -pg. 12

Money Laundering and Its Understanding by the Current Romanian Legal System – Origins, Mechanisms and Implications

Akad Yassar AL-KASAWNIH -pg. 21

The Role of Leadership in Modern Education

Mashhour Khalaf Abdallah AL-RABIE -pg. 27

Leadership and Its Importance in Sustainable Development

Mashhour Khalaf Abdallah AL-RABIE -pg. 33

Englishization and the Appeal of Multinational Corporations among Business Students

Oana Alexandra ALEXA -pg. 38

Determinants of the New Companies Formation in E.U. Member Countries. An Autoregressive ARDL Model Approach

Dalina-Maria ANDREI -pg. 48

The Current Needs of the Agrarian System in the South-East Region

Daniela – Lavinia BALASAN, Dragos Horia BUHOCIU, Cristinel FERTU -pg. 58

Statistical Analysis of the Impact of Application of the European Union Rules on the Number of Death from Traffic Accidents and the CO Pollution

Alina BARBULESCU, Cristian Stefan DUMITRIU -pg. 64

Selection of Features of Smart Cities in the Western Region of Romania

Cristian Dan BIRIS, Valentin Partenie MUNTEANU -pg. 71

The European Union, the United States and China Main Actors in the Global Economy

Ion BOTESCU -pg. 79

Public Innovation in Romania: Financing Smart City Initiatives Using European Funds in Small and Medium Sized Cities

Alina-Ramona BUTNARIU, Procopie-Florin GUSUL -pg. 86

The Influence of Culture on Accounting Disclosure Among Islamic Countries

Maria Alina CARATAS, Elena Cerasela SPATARIU, Gabriela GHEORGHIU -pg. 95

Analysis of GDP per Capita Convergence Speed in the Member States of the European Union

Viorica CHIRILA, Ciprian CHIRILA -pg. 101

The Process of Contemporary Globalization in the Context of the Covid-19 Pandemic

Tudor COLOMEISCHI -pg. 109

The Influence of the Covid-19 Pandemic on Online Acquisitions

Tudor COLOMEISCHI -pg. 118

Rethinking the Welfare State in Global Economy Affected by Pandemic Crisis

Ioana Claudia DOBRE -pg. 125

Composites in Wind Energy

Anamaria-Nadie EMIN (LEONTE) -pg. 130

The Challenge of Language and Cultural Identity in Post-Colonial Africa’s National Economic Development

Gideon Simon GHAJIGA, Dikeledi Jacobeth WARLIMONT -pg. 135

Structural Developments in Agricultural Activity after Romania’s Accession to the European Union

Cosmin IVASCU, Adina Elena DANULETIU -pg. 142

On the 125th Anniversary of the Construction of the Modern Port of Constanta (Romania), the Largest Port on the Black Sea: Recent Developments, Perspectives and New Development Strategies

Ion Danut JUGANARU -pg. 153

G20 Countries: About Investments and Productivity Growth in the Context of the COVID-19 Pandemic

Luiza Loredana NASTASE -pg. 164

A Challenge of Service Management – Balancing the Price of Transportation

Norina POPOVICI, Daniel FIRICA -pg. 171

Social Benefits Expenses and their Financing in the Member States of the European Union

Ana-Maria ROMAN -pg. 178

Case Study on KOF Globalization Index for Greece, Czech Republic, Poland, Romania and Hungary

Anca Ioana TROTO (IACOB) -pg. 185


Section III: Economic and Social Studies


Study on Some Aspects of the Economic and Social Impact of the Covid 19 Pandemic

Solomia ANDRES -pg. 194

Student Satisfaction and Learning Outcomes during Online Course Delivery – A Case Study

Eleonora BACA -pg. 204

The Impact of COVID 19 Pandemic on the Entrepreneurial Environment

Camelia BAESU -pg. 210

Digitalization of Public Administration in Romania

Camelia BAESU -pg. 215

The Performance Potential of Future Employees in the Hospitality Industry in Terms of Cognitive Reflection Test

Razvan Dorin BURZ, Alexandru DUTA -pg. 221

Assessing ESP Reading Skills. Case Study on Business Topics


Corporate Governance During the Covid-19 Pandemic

Maria Alina CARATAS, Elena Cerasela SPATARIU, Raluca Andreea TRANDAFIR -pg. 233

Larry Page and Internet Entrepreneurship

Stefan-Alexandru CATANA, Sorin-George TOMA, Catalin GRADINARU -pg. 239

Development and Economic Progress in Mihail Kogălniceanu’s Writings

Sorinel COSMA -pg. 244

Nicolae Bălcescu and the History-Economics-Sociology Triad

Sorinel COSMA -pg. 249

Assessing the Current Situation of the Grape Market in Romania

Lacramioara Alina DRACEA -pg. 255

Study Regarding the Tourism Sector in Romanian Economy

Maria Liliana DRUIU -pg. 261

Specific Aspects Regarding Tourism and Travel in European Union

Maria Liliana DRUIU -pg. 267

The Discursive Features of the Written Tourism Discourse Specific to the Travel Guide

Elena DUMITRASCU -pg. 273

Linear Fuzzy Regressions versus Power Fuzzy Regressions

Ovidiu GHERASIM -pg. 278

Regulations Regarding Nonfinancial Reporting and Socially Responsible Behavior

Mihai-Florentin HERCIU -pg. 286

The Evolution of Corporate Social Responsibility and the Impact on the Organizations

Mihai-Florentin HERCIU -pg. 295

The Importance of Implementing Quality Systems in the Economic Development of the Constanta Metropolitan Area

Stefania Rodica HUBEL (ANGHEL), Gabriela Iuliana PARASCHIV (GANEA), Anca Cristina STANCIU -pg. 304

Employability Skills: Correspondent Hard and Soft Employability Skills for Main Economic Sectors

Dana ICHIM SOMOGYI -pg. 312

Prevalence of Depression in Adults in Constanta County, Romania, before and during the Covid-19 Pandemic

Miorita Melina IORDACHE, Costin Octavian SORICI -pg. 319

Zonulin as a Biomarker in Mental Illness – Sistematic Review

Miorita Melina IORDACHE, Cristina TOCIA -pg. 325

Strategy for the Transfer of River Freight Transport, from the Danube, on an Inland Canal in the South of Romania

Florin IORDANOAIA -pg. 332

Snake Island (Black Sea): Sharing Strategic and Economic Benefits

Cristina Mihaela LAZAR, Ionel BOSTAN -pg. 342

Financial Communication Inside Companies

Georgiana Maria LUNGU, Radu BALUNA -pg. 358

Media Representation of Coronavirus in Romanian Online Press. National, European, and International Themes

Georgiana MANOLE-ANDREI, Florinela MOCANU -pg. 363

Analysis of Meat Consumption in the Context of Income Changes

Daniela MARACINE -pg. 374

Analysis of Fruit Consumption in the Context of Income Change

Daniela MARACINE -pg. 378

The Effects of African Swine Fever Virus on Romanian Agriculture

Dorin MARTIN, Maria GIRIP, Radu ANTOHE -pg. 382

English and Modern Business in Nowadays Romania. Case Study – An ESP Course for Business Students

Carmen Liliana MARUNTELU -pg. 391

Digitalization – The Key to Smart City Development

Ana-Angela MILAN -pg. 395

A Proposal for a Bankruptcy Risk Detection Model – Adaptation of the Taffler Model

Madalin-Mihai MOTOC -pg. 406

Particularities of the Insolvency Legislative Evolution. Winners, Opportunists and Losers in the Covid-19 Pandemic

Madalin-Mihai MOTOC -pg. 413

An Analysis of the Main Forms of Legal Organization Used in Running Small Businesses in Romania

Dorinela NANCU, Camelia MIHAI -pg. 419

Trading Companies in Romania

Dorinela NANCU, Camelia MIHAI -pg. 428

Extending the Scope of the EU ETS by Including Road Transport and Shipping

Daniela PANAIT (ZANESCU) -pg. 436

Optimizing the Value Chain of Recycling Biodegradable and Compostable Packaging for Sustainable Development and the Circular Economy

Gabriela Iuliana PARASCHIV (GANEA), Stefania Rodica HUBEL (ANGHEL), Anca Cristina STANCIU -pg. 444

Investment and the Importance of Investment in the European Economy – Comparative Analysis

Nadia Marcela PASCA -pg. 453

Satisfying the Needs of Consumers-Tourists in Terms of the Quality of Services Provided

Nicolae PLATON, Felicia ZAPOROJAN, Elena CABAC -pg. 461

Students’ Perception Regarding the Development of E-learning Activities in Higher Education

Alexandra POPA, Cristina Elena GEORGESCU, Raluca Andreea TRANDAFIR -pg. 468

The Teachers Career Evolution in Romanian Pre-University Education

Mariana POPA (PETRESCU) -pg. 475

Coronavirus Pandemic Crisis

Oana Iuliana RUJOIU -pg. 480

The Creative Tourism – An Interactive Type of Cultural Tourism

Diana SAVA -pg. 486

Global Financial Crisis: Economic and Social Impact

Corina-Florentina SCARLAT (MIHAI), Eleodor-Alin MIHAI -pg. 493

Risk – The Element of Uncertainty in Business Activity

Sofia SCUTARI -pg. 500

The Rule of Law, From Doctrine to Citizen

Adriana Alina SPATARIU -pg. 506

Assessment of Adequate Use of Public Funds and Ensuring Institutional Performance

Adriana Alina SPATARIU -pg. 512

Remote Working: How the Working Life Changed During the COVID-19 Pandemic

Petruta Ionela STANCA, Tudor TARBUJARU -pg. 520

Human Capital Theory in Respect to Cultural, Digital Implications and Integrated Communication

Robert Daniel STANESCU, Alexandra Cristina DINU -pg. 527

The Tracking of Industrial and Digital Revolutions and the Importance of Human Capital Development

Robert Daniel STANESCU, Alexandra Cristina DINU -pg. 532

The Life Expectancy and the Economic Conditions in Pandemic Context in EU

Adina TITEI -pg. 538

European Investigation Order’s Issuance Procedure for Smuggling Crime Investigation

Corina-Maria TUDOR (BARBU) -pg. 542

The Dynamics of the Verbal and Non-verbal Communication Process in Professional Rapports

Cristina Mihaela ZAMFIR -pg. 548


Section IV: Marketing – Management


Uncertainty Management Using Triangular Fuzzy Numbers with Associated Variable Indicators

Ionel Ciprian ALECU -pg. 555

Managerial Challenges and the Impact of the Pandemic at the Level of a Corporate Governance Enterprise

Solomia ANDRES -pg. 562

Business Strategy: Choosing the Right Fit

Gabriela Nicoleta ANDRISAN, Andra MODREANU -pg. 570

An Overview on the Entrepreneurship in Constanta County during the COVID-19 Pandemic

Ionut ANTOHI -pg. 575

Quality Management in the Romanian Tourism Industry: An Approach Regarding the Rural Mountain Areas

Corina Aurora BARBU, Elena CONDREA -pg. 580

Management Strategies for the Recovery of the Romanian Tourism Industry in the Covid-19 Pandemic Context

Corina Aurora BARBU -pg. 589

The Internal Managerial Control Applicable to Public Entities: Regulation, Achievements, Perspectives

Ionel BOSTAN, Cristina Mihaela LAZAR -pg. 599

The Aim of Primary and Secondary Sources in International Supply Chain Selection Process

Veronica BULAT, Irina CALUGAREANU -pg. 608

Conflict Management in Organizations – The Role of Alternative Dispute Resolution

Agata Elena BULEI -pg. 618

Employees’ Perceptions Concerning the Influences of Training and Personal Development Programs on Performance, Productivity, and Profit

Elena Cristina CERNATESCU, Andra-Nicoleta PLOSCARU, Simona DUMITRIU -pg. 623

Study on Employees’ Perception of the Characteristics of the Activity Improved through Training and Personal Development

Elena Cristina CERNATESCU, Michael Marian NICOLESCU, Marian CAZACU -pg. 629

The Role of Marketing in Luxury Tourism: A Case Study on the Structures of Tourist Reception in Romania

Raluca-Giorgiana CHIVU (POPA) -pg. 636

Marketing through Social Networks – Analysis of the Presence in Social Media of Romanian Consumers

Raluca-Giorgiana CHIVU (POPA), Bianca-Cristiana VOICU, Ionut-Claudiu POPA -pg. 646

Entrepreneurship for Sustainable Development

Florinel CIMPEANU, Maria Aurelia RUSEN -pg. 653

Statistical Approaches in Railway Transport

Daniel DANECI PATRAU -pg. 663

Implementation Assessment Approach for Market-Driven Projects

Elena DOBRE -pg. 671

Facial Coding as a Neuromarketing Technique: An Overview

Denisa Adriana DRAGOI -pg. 681

Methods, Instruments and Scales Used for Country Image Measurement: A Literature Review

Denisa Adriana DRAGOI -pg. 688

Evolution of Stress at Work during Pandemic Context for Romanian Employees

Diana Andreea DUMITRACHE, Delia Mioara POPESCU -pg. 699

The Impact of COVID 19 on Tourism Services

Daniel FIRICA, Norina POPOVICI -pg. 705

Some Peculiarities of the Japanese Management’s Model

Lucia FRATICIU -pg. 712

Study on the Students’ Opinion on the Educational Offer of a Bachelor’s Degree Program in Business Administration

Liliana GHERGHINA -pg. 717

The Opinion of Business Administration Graduates on the Skills Acquired During Undergraduate Studies

Liliana GHERGHINA -pg. 728

Marketing Simulations in Education: A Brief Overview for the Markstrat Simulator

Catalin GRADINARU, Sorin-George TOMA, Stefan-Alexandru CATANA -pg. 737

Management Based on Data Analysis. Part Two: Artificial Intelligence Data Modeling

Constantin ILIE, Andreea Daniela MORARU -pg. 743

Management Based on Data Analysis. Part One: Data Visualisation Analysis

Margareta ILIE, Constantin ILIE -pg. 749

Modern Communication Methods in Online Education

Alina Elena IONASCU, Gabriela GHEORGHIU, Florina MIHAI (LETA) -pg. 758

Practices of Corporate Social Responsibility Reporting for Semiconductor and Chip Manufacturing Industry – A Multicriterial Analysis on INTEL and AMD

Oana Raluca IVAN, Andrei Octavian HARMANAS, Mihai COSMA -pg. 763

Using Digital Marketing to Study Customer Behavior

Mariana JUGANARU, Razvan ANDRONACHE, Ruxandra Florentina MIHUTIU (FIRICA) -pg. 773

Using Digital Marketing for Product Development and Communication Strategies

Mariana JUGANARU, Razvan ANDRONACHE, Ruxandra Florentina MIHUTIU (FIRICA) -pg. 779

What Do Consumers Know About the Relationship Between Soft Drinks and Their Health?

Anca MADAR, Nicoleta Andreea NEACSU -pg. 787

The Brand Reflected in the Mind of the Consumer. Conceptual Map of the Starbucks Brand.

Adriana MANOLICA, Elena MUNTEAN, Raluca-Alexandra JELEA -pg. 797

Marketing Semiotics – The Universal Language of E-Consumer

Adriana MANOLICA, Alexandra FLORESCU, Beniamin-Vladut FARAONEL -pg. 807

Management of the Pharmaceutical Entity’s Resources in the Conditions of the Sanitary Crisis of COVID-19

Doina MARGARITTI, Cristina TASE, Sirma TOMOS -pg. 816

Improving Production Flows by Integrating AON Critical Networks

Lucia Violeta MELNIC, Andrei Marian GURAU, Ruxandra MARIN -pg. 823

Coaching and Mentoring Study Hypothesis Testing with the SPSS Software

Angela-Eliza MICU, Daniel POPA -pg. 830

Strategy: An Overview

Andra MODREANU, Gabriela Nicoleta ANDRISAN, Maria Alexandra SARBU -pg. 836

Towards Sustainability in Banking Services Development. Customer Satisfaction with Banking Services – Influences and Perspectives

Andreea-Daniela MORARU, Margareta ILIE -pg. 842

A Methodological Approach for the Journey through Real-Time Marketing: from Customer Journey Analytics to Personalization Engines

Claudiu-Catalin MUNTEANU, Adina CRISTEA -pg. 849

The Evolution of Real Estate Market in Romania


The Influence of the Exchange Rate on the Real Estate Market


Innovative Marketing Strategies for the Development of Tourism in Romania

Alexandra POPA, Alina Elena IONASCU, Dana Nicoleta DOMOLESCU -pg. 870

Security Management from the Perspective of Internal Control and Audit

Ionut RIZA, Catalina SITNIKOV, Costinel Cristian MILITARU -pg. 879

Post-pandemic Challenges and Evolutions for the Romanian E-commerce Market

Adrian SERBAN COMANESCU -pg. 886

The Challenges and Importance of Virtual Teams During the COVID-19 Pandemic

Petruta Ionela STANCA, Tudor TARBUJARU -pg. 893

Green Brand Positioning as a Strategy to Guide the Green Marketing Mix: A Perspective on the Organic Food Supply Chain

Mihai STOICA -pg. 900

The Role of the Leader and the Manager in the Organizational Changes

Bogdan Andrei TILIUTA, Ioana Raluca DIACONU -pg. 911

Challenges of Executive Leaders in the Context of the COVID-19 Crisis. Aspects from the International and Romanian Environment

Anamaria TOHATAN -pg. 920


Section V: Finance and Accounting


Performance Measurement and Characterization of Financial Indicators of Agricultural Companies in Romania

Maria Petronela ARON -pg. 928

Uncertainty and Risk in the Accounting Profession during COVID 19 Pandemic

Nicoleta ASALOS, Bianca ZOTA, Luminita Ioana STEFANICA -pg. 935

Financial Impact Accounting in Determining the Fiscal Result

Marius BOITA, Luminita PAIUSAN, Adina Maria MOTICA -pg. 940

The Impact of Information Technologies on the Activity of Accountants

Leliana Diana BOLCU, Mihaela-Raluca BOHARU (MIRCEA) -pg. 945

Outsourcing of the Accounting and Financial Function

Leliana Diana BOLCU, Mihaela-Raluca BOHARU (MIRCEA) -pg. 953

The Romanian Education Budget: Financing Pre-University Education (2001–2020)


Cash-Flow of the Horeca Sector in Romania under the Impact of Covid-19


The Importance of Internal Audit in Public Sector Research – A Bibliometric Study

Marius Ionel CETINA, Oana Raluca IVAN -pg. 976

Aspects regarding Mergers and Acquisitions in the Pandemic Context

Irina CHIRIAC -pg. 987

The Impact of Access to Finance on the Performance of the SME Sector

Erika-Maria DOACA -pg. 993

The External Public Audit of the Budgetary Programs- Preparatory Activities

Cristian DRAGAN, Ana Cornelia OLTEANU, Viorela Georgiana STINGA -pg. 1003

The Fintech Industry in Romania – Assessing the Level of Acceptance for the Financial Services Consumers

Cristina DUHNEA, Georgiana Loredana SCHIPOR -pg. 1013

Trends of the Energy Market Reflection on the Capital Market in Romania

Silvia GHITA-MITRESCU -pg. 1023

The Analysis of the Local Budgets’ Contribution in the Formation of the Public Financial Resources

Ileana Iulia ISTUDOR, Florina MOCANU, Mariana ZAMFIR -pg. 1031

Study on the Need to Regulate the Audit Profession and the Determinants of the Improvement of the Internal Managerial Control and the Internal Audit in Relation to the External Audit

Gabriela MANGU (GIUREA) -pg. 1041

Improving the Internal Managerial Control and the Internal Audit in Relation to the External Audit

Gabriela MANGU (GIUREA) -pg. 1046

Bibliometric Analysis on the Recent Trends in Dividend Policy Research

Eugen-Axel MIHANCEA, Marilen-Gabriel PIRTEA, Florin-Claudiu BOTOC -pg. 1051

The Impact of Investments in Intangible Assets and Implications on SMEs’ Performance. A Systematic Literature Review

Roxana-Gabriela MOZOLEA, Sorin Gabriel ANTON -pg. 1060

Financial Intermediation in Romania

Irena MUNTEANU, Elena DOBRE -pg. 1072

The Use of ROA and ROE in the Study of a Bank’s Profitability

Irena MUNTEANU, Constantina Alina ILIE -pg. 1078

The Impact of the Increase in Market Interest Rates on The Credit Risk of Guarantees Issued Under the SME Invest Program

Dumitru NANCU -pg. 1084

Considerations Regarding the Use of Information Technology in the Creation of Current Models of Entities’ Accounting

Traian Cristin NICOLAE -pg. 1088

The Impact of Taxation and Crisis on Savings – An Interdisciplinary Approach


Assessing Portfolio Risks Involving Bitcoin and Ethereum Using Vector Autoregressive Model

Andrei-Dragos POPESCU -pg. 1101

Cost Management Regarding S.C. Adarco Invest S.R.L. Petroșani

Ileana – Sorina RAKOS -pg. 1110

Supreme Audit Institutions and the Strive Towards an Open Data Culture

Mihai Razvan SANDA, Cristina-Petrina TRINCU-DRAGUSIN -pg. 1120

The Role of Accounting in Conducting Judicial Accounting Expertises and their Evolution in the Digital Era

Andreea-Cristina SAVU, Lucian BADALAU -pg. 1131

Financial Audit from Robotization to Digitization

Andreea-Cristina SAVU -pg. 1138

An ARCH / GARCH Approach on Euro / RON Exchange Rate Volatility

Luciana SIMION, Antonia MIHAI -pg. 1145

Does the Disclosure of Performance Indicators Impact Bank Profitability? Empirical Study for the Romanian Banking System

Nina SINITIN, Adela SOCOL -pg. 1153

A Critical Survey on Efficient Market Hypothesis (EMH), Adaptive Market Hypothesis (AMH) and Fractal Markets Hypothesis (FMH) Considering their Implication on Stock Markets Behavior

Cristi SPULBAR, Ramona BIRAU, Lucian Florin SPULBAR -pg. 1161

Investigating Short and Long Run Volatility Movements in the Context of COVID-19 Pandemic: A Case Study for Norwegian Stock Market

Cristi SPULBAR, Ramona BIRAU, Jatin TRIVERDI -pg. 1166

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