THE COMPETITIVE POSITIONIG OF THE SME'S ON THE MARKET

Having in view at the same time the possibilities identified for the development of the competitivity of the Romanian SMEs in order to face the new challengens and the use of the opportunities to operate on the inner market as well as the on the level of the European Union, the strategy has in view a series of measures and actions that are connected to a series of priorities. These priorities and related actions were established on basis of the present-day situation of the SMEs carried out by the ANIMMC. According to the position of the SMEs on the market,. these can choose different types of marketing strategies with the aim of attaining in a certain period of time of the objectives established and at the same time their consolidation on the market.SME's, competitive, integration, marketing strategies

EUROPEAN POLICIES FOR THE STIMULATION OF THE DEVELOPMENT OF SMALL AND MIDDLE SIZE ENTREPRISES

Europe's small and medium-sized enterprises are the engine of the European economy and the main drivers for achieving sustainable growth and more and better jobs. At EU level, the European Commission has developed a comprehensive SME policy, which aims to ensure that Community policies and actions are small-business friendly and contribute to making Europe a more attractive place for setting up a company and doing business.SME's, European Commission, financing opportunities, private and governmental policies

Craig's XY distribution and the statistics of Lagrangian power in two-dimensional turbulence

We examine the probability distribution function (PDF) of the energy injection rate (power) in numerical simulations of stationary two-dimensional (2D) turbulence in the Lagrangian frame. The simulation is designed to mimic an electromagnetically driven fluid layer, a well-documented system for generating 2D turbulence in the laboratory. In our simulations, the forcing and velocity fields are close to Gaussian. On the other hand, the measured PDF of injected power is very sharply peaked at zero, suggestive of a singularity there, with tails which are exponential but asymmetric. Large positive fluctuations are more probable than large negative fluctuations. It is this asymmetry of the tails which leads to a net positive mean value for the energy input despite the most probable value being zero. The main features of the power distribution are well described by Craig's XY distribution for the PDF of the product of two correlated normal variables. We show that the power distribution should exhibit a logarithmic singularity at zero and decay exponentially for large absolute values of the power. We calculate the asymptotic behavior and express the asymmetry of the tails in terms of the correlation coefficient of the force and velocity. We compare the measured PDFs with the theoretical calculations and briefly discuss how the power PDF might change with other forcing mechanisms

Can The Diamond Fraud Model Influence the Occurrence of Fraudulent Financial Reporting?

This research is quantitative in nature and is intended to examine whether can the diamond fraud model influence the occurrence of fraudulent financial reporting. The fraud diamond theory is measured by pressure (financial stability, financial targets, and external pressure), opportunity (ineffective monitoring), rationalization (change in auditor), and capability (change of director). State-owned business (BUMN) registered on the stock exchange of Indonesia between 2016 and 2022 comprise the population considered within this research. Purposive sampling was utilized in this research to select 154 companies for the sample. In this work, logistic regression analysis is the analytical method. The findings within this research show that the variables of financial stability and financial targets have a significant negative impact on the occurrence of fraudulent financial reporting, while the variables of external pressure and director change do not affect the occurrence of fraudulent financial reporting. The variables of ineffective monitoring and change in auditors also affect the occurrence of fraudulent financial reporting

HUBUNGAN UMUR PERUSAHAAN DAN KINERJA YANG DIHASILKAN, SERTA TATA KELOLA PERUSAHAAN SEBAGAI EFEK MODERASI

Penelitan ini bertujuan untuk mengetahui efek dari umur perusahaan pada kinerja perusahaan yang diukur melalui kinerja keuangan dan kinerja lingkungan, dan efek moderasi Sistem Pengendalian Manajemen melalui praktek Tata Kelola Perusahaan yang Baik (GCG). Peneliti menggunakan model Kerangka Kerja Analitik untuk menguji efek Moderator berdasarkan Kerangka dari Ciri Moderator sebagai Variabel. Data dari penelitian menggunakan Laporan Tahunan dan Laporan berkelanjutan dari 31 BUMN dan 59 Perusahaan Swasta di Indonesia selama tahun 2018-2022. Hasil penelitian menunjukkan tidak ada pengaruh hubungan yang signifikan antara Umur Perusahaan baik dengan Kinerja Keuangan maupun Kinerja Lingkungan, serta GCG tidak mampu memoderasi atas hubungan tersebut. Hasil bukti empiris ini menunjukkan bahwa penelitian atas umur perusahaan dan kinerja perusahaan masih memberikan hasil-hasil yang berlawanan apabila dilihat dari penelitian yang lain, sehingga penelitian lanjutan sangat disarankan untuk dilakukan. Penelitian tersebut dapat berupa penambahan variabel lain seperti pengaruh dewan direksi yang berhubungan dengan pemilik atau mengganti alat ukur dengan indikator lain seperti mengukur kinerja lingkungan dengan menggunakan indikator ESG yang dapat dilakukan di negara lain. Kata Kunci: Umur Perusahaan, Kinerja Keuangan, Kinerja Lingkungan, GC