PROMOTING PRIVATE EQUITY FUNDS

The recently development of the capital market intensified the investors attraction toward profit opportunities. The involvement on the capital market has become a widely used activity among all investors regardless their financial power. This has led to diversifying of the capital market, and also to a specialization and hybridization of the financial instruments traded. Whereas, investment funds are considered intermediaries between investors and investees, they can be promoted in relation with their funding and investment activities involving the investors and certain target companies (also known as portfolio companies or investee companies).In addition to the traditional ways of promoting investment funds (i.e. direct selling, printed publications, advertisements and straplines, public relations actions) can be identified other particular methods in promoting their activity (fund raising, investing and financing) by using business angels and netpreneurs. Therefore, this paper presents the importance of promoting investment funds in relation to all the participants involved.private equity, investmen funds,promoting,business angels,netpreneurs

PROFIT ORIENTATED OR CULTURAL PROTECTIVE? SC ELECTRECORD SA- CASE STUDY

The economic environment includes all factors that influence the economic capability of the company to compete and perform in its activity field. In this paper we analyzed, on a real company, the economic evolution correlated with the technical up-grade over the time and sales. A company does not function on its own, but in an environment, whether local, national or international. Competitiveness, from a profit viewpoint, is only a small part of what it really means and does not offer the certainty of a good long term evolution. There are other aspects that need to be taken into consideration. For that reason, we have taken a look over the context and the international trend in that particularly activity field. Our purpose has been to conclude whether the company has a general context approach or only a local one, baring that fact that the world trend affects local evolutions.technology, analysis, company, market, competitiveness

THE SOCIAL IMPACT OF PRIVATE EQUITY IN ROMANIA

In this paper, we address the attractiveness and the economic impact of the private equity industry in Romania, since this industry is considered to be an alternative source of financing for companies covered by investment funds. Using data from two sources, we have been analyzed both economic and social impact of the private equity involvement beginning with the entrance of the fund, the investment period and after the funds divestment. This analysis has shown that private equity funds involvement in the case of Sicomed – Zentiva is a particular case that combates the global consideration on the social impact in the economy. However, the findings and the results of this research cannot be generalized to the entire economy. On the other hand, this study presents the notable aspects that have to be considered when the companies are willing to be restructurated through the involvement of a private equity fund.private equity, involvement, economic and social implications, investment cycle, divestment

INCENTIVES AND CONSTRAINTS IN THE PUBLIC SECTOR: THE BEHAVIOR OF THE RENTSEEKING BUREAUCRAT

The aim of this paper is to analyze the incentives and constraints that a typical bureaucrat face in his or her daily activity and to present some conclusions related to the most likely behavior of bureaucrats. We begin by analyzing the behavior toward advantage seeking. We then apply the hypothesis of rent-seeking behavior to the activity of bureaucrats. After discussing the main differences between the incentives and constraints of the managers of privately owned enterprises and bureaucrats, we conclude that the activity of rent-seeking characterizes the activity of bureaucrats. Finally, we identify the rule of law as the best institutional arrangement for discouraging the rent-seeking activity of bureaucrats.institutional analysis, rent-seeking, bureaucracy, rule of law.

HIDDEN COSTS AND SOCIAL CONTROL MANAGEMENT

Social control management differs from classical management control, as operating in a different environment, the people activities and relationships that are established in the organization around the production. Knowledge of wage and social costs of enterprise has two features that make them an exciting scientific approach: it combines chance and necessity. From a certain point of view, there are certain technical and legal issues, arithmetic rules of behaviour developments of wages fund that show the required area. On the other hand there is the variety of players, of behaviors, the effects of training and experience, whose objective quantification is not possible. It thus falls in appreciable, where modeling is impossible. The paper lies in the foreground and shows how, through techniques of analysis of the differences of accounting, can give a sense of the salary fund by decomposing and isolating of a certain number of basic causes or explanatory factors grouped by nature.social management, fund wages, changes, shaping, scorecard

New Literary Genres—An Insight in the Creativity Optimization

The theory of literary genres, developed from antiquity to the present day, has been differently approached, more or less convincingly. The philosophical insight of the genders definition appears at Hegel, A.W. Schlegel, Schelling, each of them trying to follow the particularities of each genre depending on the way to report consciousness to reality and to the issue of the time taken as a reference. In the following, we are going to refer to the value and utility of genres for the cultural and social history of humanity, by stopping to the genres characteristic to the postmodern era. In this regard, we intend to follow the impact of the digital epistolary in the context of the media globalization, the advantages and disadvantages of the technological progress, the changes in form and content suffered by the “letter” sequence to this evolution.Another genre that comes to our attention is the comic magazine that can appear to some as an insignificant object, a part of a communist world, invoked in the news debates, only. The original mobility of the comics is situated in its very nature at the intersection of visual and narrative, which gives it the chance to weave bridges over the fields of the folk culture and literature. This may illustrate an alternative, from a cultural insight, where the aesthetic and sociological values coexist. The comics are intellectual challenges for different categories of readers through the new postmodern setting of the values expressed by text and image

VITAL-HISTORICAL AND ETERNAL THEMES IN KHALED HOSSEINI’S NOVELS

In the study of literature the themes of fiction are divided into vital-historical and eternal themes. Vital-historical themes refer to the conditions resulted in character upbringing in the socio-historical situation and they can’t exist outside of this certain time and place. The eternal themes indicate the repeated events in all the periods of all the nations. The combination of several themes in one work is expressed in literary studies with the concept of “thematic”. When faced with such a situation, one or two major themes may be separated, and the rest should be explored as secondary. The objective of this paper is to seek to remedy these problems by analyzing the novels “The Kite Runner” and “A Thousand Splendid Suns” by Afghan-American writer Khaled Hosseini in terms of vital-historical and eternal themes. The data collected from the detailed analysis of the texts of Hosseini’s novels mentioned above by applying biographic method. The research results in proving the fact that the writer’s talent lies on fastening the theme of Afghanistan equally in his all three books pre-in- post Taliban periods and in addition to this he can indicate his own personal perspective towards the issues stated in the events. Hosseini could fulfill his task in describing his desire and Afghan people in each part of the world for the blessed peace that the nation couldn’t witness for a long time. Moreover, the themes of children and childhood, women and womanhood or family traditions can be found regularly in all the novels indicated above to strengthen the core meaning of what is being Afghan and what is living in Afghanistan. This study is an effort to unfold the significance of literary characteristics of the novels those mentioned above. The study concludes that Khaled Hosseini applied the vital-historical and eternal themes in his three novels to illustrate the objective picture of Afghanistan pre-in-post Taliban period