COMMUNICATING ACROSS THE BORDER. A EUROPEAN EXPERIENCE FROM WESTERN ROMANIA

The present article analyzes the challenges faced by the European Union in its endeavour of implementing and developing cross-border cooperation as a means for reconciliation and regional development. It also presents the context in which Euro regions appeared as a form of institutionalized cross-border cooperation and focuses on the Danube-Kris-Mures-Tisa Euro region, highlighting the opportunities and threats faced by this particular Euro region. Acknowledging that mass-media is a mirror of the society, the paper aims to establish, by analyzing the regional mass-media, if DKMT can be considered a case of good practice.cross-border cooperation, euro regions, DKMT, regional media

Going Global In Academia: International Ranking Systems and Their Implication for Economic Research Variety

There is nowadays a growing sense of unease about the current state and the direction of financial academic research. A number of critical studies have highlighted the failure of academia in anticipating the recent financial crisis and criticizing economic models used by financial market practitioners. Too much intellectual inquiry has operated within the parameters set by academic practice rather than questioning and challenging them. This paper argues that the current state of research is strictly linked to the adoption of international journal ranking lists as university management tools, which has led to a hegemony of the U.S. elite in research. Affected by a genuine ethnocentrism, U.S. research is very much capital market-oriented and optimized for liberal stock market economies, while completely ignoring different approaches and critical studies. The strength of economics and, more generally, social sciences instead lies in their rich, reflexive research analyses, carried out within their specific contexts, so essential to the social and economic advancement of society. Knowledge would therefore be better served by alternative research agendas tailored to the needs of different forms of capitalism. It is at times of great uncertainty and changes, such as the ones in which we are living, that advantages of variety in research can be appreciated. According to this view, this paper focuses on the European Union and presents a view of research that is strongly embedded in the EU constitutional framework and its ideal of social market economy

IAS/IFRS and financial reporting quality: Lessons from the European experience

AbstractThis paper discusses the effects of the adoption of IAS/IFRS in Europe on the quality of financial reporting. In doing so, it adopts the perspective of stock market investors and focuses on value-relevance research. The adoption of IAS/IFRS in Europe is an example of accounting standardization among countries with different institutional frameworks and enforcement rules. This allows investigating whether, and to what extent, accounting regulation per se can affect the quality of financial reporting and leads to convergence in financial reporting. This is a key issue for standard setting purposes as IAS/IFRS have been adopted in very diverse countries all over the world, and many others are likely to adopt them in the near future