CONTEMPORARY ECONOMY JOURNAL

6-16

Authors: Viorica UNGUREANU

In businesses with a risk profile, from which innovative projects originate, investments have an important place. When venturing into a project, the investor must be extremely cautious and calculated, correctly assess the risks related to venture capital activity, and the position of the economic agent, who initiates the project, must be an exemplary one, which accurately reflects the economic reality and its perspective to generate as high a return as possible. For this purpose, the accounting of innovations in venture capital activity must provide all users with the most truthful information. In the study, the author formulated a hypothesis: the financing sources of innovative projects represent capital investment sources, this is why it is necessary to know the capital market and its efficiency, from which it can be deduced that the innovative activity requires special knowledge of the field, starting from the operational record to the accounting record of all operations, including financial reporting based on fair value according to International Financial Reporting Standards. Under the conditions of the operation of the venture activity mechanism, the meaning of information and reporting in the financial statements takes on particular importance, because the results of the venture capital activity are reflected in slips, registers, order journals, trial balances and financial statements, the purpose of which is to provide actionable information for the adoption of the most effective solutions by its users.

22-27

Authors: Cristina Aurora BUNEA-BONTAȘ

A predictive management involves the planning and budgeting of the company's main activities and the control of compliance with the budget provisions, which makes the budget the main component of management control. Throughout the company's activity, no matter how perfect the company's strategy is, a control of forecasts is necessary in order to detect the causes that lead to the appearance of deviations, establish responsibilities and provide the necessary corrective measures. This article aims to present the operating budget of the company, its structure and the stages of the budgeting process. The advantages and disadvantages of using the operating budget as a predictive management tool are also emphasized.

35-42

Authors: Cristina GANESCU

Businesses gain competitive advantage if they manage to integrate corporate sustainability with environmental performance, economic contribution and social responsibility. The reduction of waste and environmental pollution, the use of non-polluting energy and the efficiency of the use of natural resources positively affect not only the environment, but also logistics, by reducing costs. A company's performance can be measured by resource productivity and waste reduction because waste does not add value to an activity. Adopting sustainable logistics is profitable for a business because the effect of responsible practices in sourcing, transportation, storage, packaging is cumulative. If sustainability intervenes at the level of each logistics activity, then we can talk about the integration of sustainable logistics. The implementation of sustainable logistics strategies becomes extremely important in the current global context. All sustainable logistics strategies are interdependent and interdependent. Waste management helps improve the quality of finished products, which could lead to reduced returns and reverse logistics efforts. Better information to stakeholders could reduce overstocking and subsequently waste. Such an intelligent business model facilitates the implementation of each strategy and generates a synergistic effect.

49-52

Authors: Cristian PIECU

This paper addresses the need to develop social entrepreneurship as a tool for economic progress, but also as a way to support community needs. Thus, social entrepreneurship comes to use economic mechanisms and profit-generating activities to support social causes. A social economy structure pursues several directions at the same time, one social and one economic, unlike a pure commercial enterprise, which has a single purpose. The aims of a social economy structure are not always in line, there are conflicts of purpose and a certain managerial dynamic. The levers needed to achieve this objective are primarily economic mechanisms, supported by better legislation, with the ultimate aim of facilitating the labour market integration of disadvantaged groups by providing the financial support needed to advise people on how to start a business. This is the only way to ensure the successful implementation of new businesses and their long-term continuity.

58-62

Authors: Daniela POPA

Inventory represents the set of factual verification operations of the existence of patrimonial elements in terms of quantity, quality and value, an operation to identify goods that belong to the public and private domain of administrative-territorial units. Accounting must provide a faithful, clear and complete picture of the patrimony. Sometimes, however, discrepancies may appear between accounting data and reality, caused by certain economic and natural phenomena, negligence, mistakes, embezzlement, etc. Concordance between written and real information can be checked with the help of the process called inventory. Accounting, as the main management tool, must provide real information on the activity of the patrimonial unit, in order to adopt scientifically based decisions. In order to achieve this objective, a fundamental condition is the complete agreement that must exist between the data recorded in the accounts and the factual reality existing in the unit. The main means by which the real situation of the patrimony is ascertained and which allows the comparison of the data obtained in this way with the accounting data, is represented by the inventory.

70-86

Authors: Marius GUST

At the end of the first half of March 2023, the most important banking markets in developed countries began to show signs of crisis, with stock markets falling, three banks in the United States and one in Europe were declared bankrupt, and others from roughly the same geographical areas were saved. The fear of a new crisis, this time of a banking nature, and of a global contagion made the banking authorities, government representatives or important bankers react quickly, making available to financial intermediaries important funds, but also with statements to calm the markets. This communication addresses three issues. The first refers to the term crisis that the press, as well as specialists, have used to name these turbulences on the banking markets. The second problem addressed in the communication concerns the causes of the turbulences, and the third problem analyze the particularities of these turbulences, in relation to the banking crises of the recent past.

92-99

Authors: Kishlay KIRTI, Raviranjan KUMAR, Rikil CHYRMANG

The census is one of the key sources of migration data that provide insights on internal, interstate and international migration; researchers have often ignored it in internal and international migration studies despite its usefulness. It is primarily used to explore interstate migration. With this understanding, this study uses census data of India to explore all three kinds of migration (internal, interstate and international) in the context of Bihar, an Indian state known for the large outflow of migrants (Sharma, 2005). The study uses the data on migration from the 1991, 2001 and 2011 censuses and provides insights into long-term migration behaviour. In that context, this study has explored the volume, streams, gender, origin, destination and reasons for migration. It also shows the implications of the bifurcation of the state on migration.