Performance valuation of Romanian mutual funds market during 2007-2015 using Data Envelopment Analysis methodology

The research enhances the investment funds efficiency analysis within a new founded method that has not yet been applied for the Romanian market. Consequently, the study provides a novelty approach of performance evaluation of mutual funds using the non-parametric method of Data Envelopment Analysis – DEA analysis. This research approach is significant as there were fewer studies that have included the local industry on the map of the global investment funds market. It becomes one of the studies that observes the main development areas of the national investment funds industry. As well, the research outlines the industry’s redimensioning trends and sets a pillar for the local literature. Therewith, our approach gains relevance as it provides relevant alternatives in boosting the economy thourgh this investment vehicles – by funding companies and simultaneously by supporting economic growth. This topic is attractive for the latter researches as mutual funds issues (dynamic, market size, market shares) involve a wide areas of study, industries and countries, enhancing a great significance for both academic literature and global capital market as complex connections are involved between capital allocation, financing decisions and economy

Performance Valuation of Romanian Mutual Funds Market during 2007-2015 Using Data Envelopment Analysis Methodology

The research enhances the investment funds efficiency analysis within a new founded method that has not yet been applied for the Romanian market. Consequently, the study provides a novelty approach of performance evaluation of mutual funds using the non-parametric method of Data Envelopment Analysis – DEA analysis. This research approach is significant as there were fewer studies that have included the local industry on the map of the global investment funds market. It becomes one of the studies that observes the main development areas of the national investment funds industry. As well, the research outlines the industry’s redimensioning trends and sets a pillar for the local literature. Therewith, our approach gains relevance as it provides relevant alternatives in boosting the economy thourgh this investment vehicles – by funding companies and simultaneously by supporting economic growth. This topic is attractive for the latter researches as mutual funds issues (dynamic, market size, market shares) involve a wide areas of study, industries and countries, enhancing a great significance for both academic literature and global capital market as complex connections are involved between capital allocation, financing decisions and economy

Investment funds as financing alternative to revive local industry

The paper is oriented toward identifying the benefits offered by investment funds as financing alternatives to those entities in need for funding, thus in financing their growth. The research is developed as a case study being carried out for private equity investments example within the Romanian market. This alternative investment vehicle present the most comprehensive range of operations carried out by investment funds and their example can expose both the benefits and tradeoffs attached to this financing alternative financing. Methodologically, the analysis covers all stages of investment funds related to demarcation of the target entity, from the selection, evaluation, implementation, monitoring until the multiplication of investment while liquidation is in place

Genotypic Variability of the Main Apple Cultivars Grown in Transylvania, Romania, Evaluated by Means of RAPD Analysis

Five apple cultivars (‘Florina’, ‘Golden Delicious’, ‘Idared’, ‘Jonathan’ and Starkrimson), were tested in 2004 and 2005 in five commercial orchards located in different counties of Transylvania, Romania, with quite nonsimilar environments. In June, young shoots were harvested from each cultivar and taken to the laboratory by means of a refrigerating bag. Young leaves were harvested from the shoots and preserved in refrigerator at –70oC until the DNA extraction was performed. Twelve decamer primers were used for DNA amplification out of which ten produced polymorphic bands in each cultivar/location. A dendrograms was constructed based on DNA migration in agarose gel and analysis of formed bands and genetic distances, for revealing the intervarietal polymorphism in the five locations. As it has been expected, at the molecular level there were great differences among the tested cultivars, but the dendrogram also exhibited the existence of obvious differences, at the molecular level, within the same cultivar, depending on location. Such differences should be attributed mainly to the lack of uniformity of initial mother plants used in the process of planting material production for the five cultivars under study. It is concluded that RAPD analysis could successfully be used in checking the authenticity of planting material for apple trees produced in different nurseries, provided there are available standard forms of the interested cultivars from which DNA could be analyzed and used as control