Study on the Impact of Economic Instability in Mehedinti County SMEs Management

The existence of a powerful sector of small and medium enterprises represents a sine qua non condition of Romania’s economic surviving in a turbulent economic environment. In this context, this research paper intends to present some relevant aspects regarding the evolution of Mehedinti county’s small and medium firms, as well as the identification of some management’s action directions in order to transform crisis effects in opportunities. Based on a systematic analysis of the collected and available data, we want to provide a benchmark of current practices established on the collective experience of the SMEs management field. On the basis of our researches despite the fact that most companies were affected by global crisis, we intend to highlight some important aspects of the SMEs managerial strategic approaches for a sustainable regional development.SMEs management, managers’ behaviour, regional development, economic crisis

The tax identity for Markov additive risk processes

Taxed risk processes, i.e. processes which change their drift when reaching new maxima, represent a certain type of generalizations of Lévy and of Markov additive processes (MAP), since the times at which their Markovian mechanism changes are allowed to depend on the current position. In this paper we study generalizations of the tax identity of Albrecher and Hipp (2007) from the classical risk model to more general risk processes driven by spectrally-negative MAPs. We use the Sparre Andersen risk processes with phase-type interarrivals to illustrate the ideas in their simplest form

Three Endocrine Neoplasms: An Unusual Combination of Pheochromocytoma, Pituitary Adenoma, and Papillary Thyroid Carcinoma

Background: Three endocrine neoplasms?bilateral pheochromocytomas, somatotrophic pituitary adenoma inducing acromegaly, and papillary carcinoma of the thyroid?occurred concurrently in a patient. A genetic mutation was hypothesized. Possible previously described genetic mutations were explored. Methods: Clinical assessments, laboratory data, images of tumors, histopathology, and immunohistochemistry of excised tissues documented the three neoplasms. Clinical assessment of the patient, family history, and a review of the literature sought a familial basis for the disorders. Results: The methods confirmed the presence of three endocrine neoplasms. Each neoplasm was surgically excised and histologically verified. Surgical and 131I treatments reduced the papillary carcinoma, but eventually this tumor progressed to a lethal degree. History, including that of nine siblings, uncovered no familial neoplasms. No similar case was found in the literature, but possible associations with germline mutations were considered. Conclusions: The concurrent development of pheochromocytomas, pituitary somatotrophic adenoma, and papillary thyroid carcinoma appears to be unique. Nevertheless, such tumors, particularly bilateral pheochromocytomas, strongly suggest a de novo germline mutation in a gene not previously associated with multiple endocrine neoplasia syndromes.Peer Reviewedhttp://deepblue.lib.umich.edu/bitstream/2027.42/98488/1/thy%2E2011%2E0345.pd

Bankruptcy risk forecasting for the metallurgical branch in Romania

All investment decisions require a thorough analysis of the retrospective evolution of the entities from the concerned area, in order to estimate the long-term evolution perspectives. In this context, the present study analyzes the evolution of the entities from the Romanian metallurgical sector based on the accounting and financial information published for the period 2008 - 2012 and, in fact, it justifies the situation from the perspective of users (managers, investors, auditors) and of the economic environment specific to Romania. Starting from this premise we created a regression model particularly useful in forecasting the evolution of the ability to deal with debt for the entities from the Romanian metallurgical sector

Language: UG or Not to Be, That Is the Question

Lieberman’s commentary [1] nicely illustrates our original argument [2] that analysis of language evolution is complicated by a lack of agreement about the concepts of both “language” and “evolution.” Here we address each in turn. First, Lieberman argues against the existence of a language faculty in the sense in which we defined it: a domain- and species-specific computational cognitive system that can generate arbitrarily complex hierarchical syntactic structure. In contrast, Lieberman defines language functionally, as a means of “communication,” with human speech as a “key attribute.” However, as we originally argued [2], while externalized language may be used for communication, the two cannot be equated. Language is a computational operation occurring in the mind of an individual, independent of its possible communicative use, while speech is one possible externalization of language (among others such as sign) and is not an essential aspect of it. Lieberman’s arguments are a prime example of fallaciously confounding the function(s) of a trait with its mechanism [3,4]

How Could Language Have Evolved?

The evolution of the faculty of language largely remains an enigma. In this essay, we ask why. Language's evolutionary analysis is complicated because it has no equivalent in any nonhuman species. There is also no consensus regarding the essential nature of the language “phenotype.” According to the “Strong Minimalist Thesis,” the key distinguishing feature of language (and what evolutionary theory must explain) is hierarchical syntactic structure. The faculty of language is likely to have emerged quite recently in evolutionary terms, some 70,000–100,000 years ago, and does not seem to have undergone modification since then, though individual languages do of course change over time, operating within this basic framework. The recent emergence of language and its stability are both consistent with the Strong Minimalist Thesis, which has at its core a single repeatable operation that takes exactly two syntactic elements a and b and assembles them to form the set {a, b}