Teodora Lazăr Pleşa, C. Popescu, Iliodor Tiberiu Pleșa
{"title":"From Digitization to Artificial Intelligence in External Public Audit","authors":"Teodora Lazăr Pleşa, C. Popescu, Iliodor Tiberiu Pleșa","doi":"10.2478/vjes-2023-0006","DOIUrl":"https://doi.org/10.2478/vjes-2023-0006","url":null,"abstract":"Abstract Digitization is one of the main concerns in contemporary society, this phenomenon being accentuated with the emergence of the COVID-19 pandemic, which forced everyone to use technology under the conditions imposed by the new reality based on social distancing. The paper aims to analyze the use of digitization at the level of supreme audit institutions, the transition to artificial intelligence, as well as its impact on performance management, both in terms of performance at the level of these institutions and in terms of the public sector, in its whole. At the same time, the paper aims to pinpoint a series of tools based on artificial intelligence that could be used in the external public audit and, in particular, with regard to the audit of public procurement, given the importance of the funds allocated to the area of public procurement.","PeriodicalId":399236,"journal":{"name":"Valahian Journal of Economic Studies","volume":"57 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121566405","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Blockchain Governance: Challenges and Opportunities for Decentralized Decision-Making","authors":"Kassam Wehbe, C. Popescu","doi":"10.2478/vjes-2023-0001","DOIUrl":"https://doi.org/10.2478/vjes-2023-0001","url":null,"abstract":"Abstract Blockchain technology has recently gained increasing attention due to its potential for creating secure, transparent, decentralized systems. One of the main benefits of blockchain is its ability to facilitate decentralized decision-making using smart contracts and distributed ledgers. This article explores the challenges and opportunities of blockchain governance for decentralized decision-making, focusing on developing mathematical algorithms to enhance the decision-making process. The methodology used in this article involved collecting data from various sources, organizing, and analyzing using statistical software.","PeriodicalId":399236,"journal":{"name":"Valahian Journal of Economic Studies","volume":"73 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125758469","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Anaïs Radja Zouambi, Mehdi Bouchetara, Messaoud Zerouti
{"title":"Crowdfunding: Study of the Viability of a New Method of Financing Small and Medium Enterprises in Algeria","authors":"Anaïs Radja Zouambi, Mehdi Bouchetara, Messaoud Zerouti","doi":"10.2478/vjes-2023-0010","DOIUrl":"https://doi.org/10.2478/vjes-2023-0010","url":null,"abstract":"Abstract Our study aims to understand the current failure of crowdfunding in Algeria, we conducted a two-step study. First, we extracted from the literature the various factors that contribute to the success of this funding process and those that hinder it. We specified the influence of these factors in the Algerian context. In the second step, we surveyed a group of persons that follow a double-skill management degree in entrepreneurship and project management to know their opinion about crowdfunding. The results show that the surveyed were significantly unaware of crowdfunding, i.e., 64% of our sample with a p-value >0.05 (p = 0.151); as for their view of the current failure of crowdfunding, 51.5% feel that it is due to a lack of information. 29.7% think is due to a lack of trust. 8.9% think there are few investors; others put it down to a lack of ideas, i.e., 7.9% of those questioned, and 2% think it is for other reasons. 58% of the subjects see themselves as project holders, only 8.9% are ready to be funders, and 3.26% think they could be both. The results clearly show a statistical bias towards being more of a project holder than a funder (with a p-value of 0.48). On that account, Algeria could be a favorable ground for Crowdfunding if more people were more informed about this process and more funders were available.","PeriodicalId":399236,"journal":{"name":"Valahian Journal of Economic Studies","volume":"68 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123421436","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Change, Catalyst for a Quality Education in the Public Education System","authors":"Nicușor Diaconu, Melania-Andreea Diaconu Stanciulescu, Nicoleta-Aura Dragnea Alexandrescu","doi":"10.2478/vjes-2023-0002","DOIUrl":"https://doi.org/10.2478/vjes-2023-0002","url":null,"abstract":"Abstract In the school organization, change is a plurivalent process due to the multiple influences it involves; the change will influence the way the school staff evolves, it will leave its mark on the evolution of the direct beneficiaries but also the indirect beneficiaries so that it will have an impact on the community as a whole. As an organization that wants to be permanently connected to the realities of the socio-economic context and able to offer quality education, the school must perceive change as a catalyst for its mission. The process of change engages all members of the school organization, so the way they understand the whole process (the need, the evolution, the desired results and the implications that exceed the organizational environment) is decisive for success, therefore for the evolution of the school and - in an extended plan - for the evolution the educational system. Starting from these premises, we conducted research to highlight the impact changes have on the quality of education. The research aimed to identify the perception of change of the actors in education and the changes necessary to obtain an education of a significantly increased quality.","PeriodicalId":399236,"journal":{"name":"Valahian Journal of Economic Studies","volume":"47 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127464535","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Ensuring the Population with Medical Services in Disadvantaged Areas, a Challenge for the Medical Staff","authors":"S. Minciună Grigore, I. Stegăroiu","doi":"10.2478/vjes-2023-0005","DOIUrl":"https://doi.org/10.2478/vjes-2023-0005","url":null,"abstract":"Abstract Universal access to quality medical care at an affordable cost for both citizens and society is considered a basic need, representing one of the shared values and principles of the health systems in the European Union. In this process, Romania must ensure quality services to European standards for every citizen. To resonate with the vision of the European Union, the Government started and implemented the health reform both through the Strategy in the field of health for the period 2014-2020 and through the Multiannual Strategy for the Development of Human Resources in Health 2022-2030” which has among its objectives the implementation of health policies human resources, activities and processes regarding the diversity of medical equipment at the management level of hospital units.","PeriodicalId":399236,"journal":{"name":"Valahian Journal of Economic Studies","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130548472","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
V. Drăgoi, L. Preda, Lavinia Roxana Dincă Diaconu, A. Dîncu
{"title":"The Impact of Monetary Policy on Bank Lending in Romania in the Context of Covid-19","authors":"V. Drăgoi, L. Preda, Lavinia Roxana Dincă Diaconu, A. Dîncu","doi":"10.2478/vjes-2023-0008","DOIUrl":"https://doi.org/10.2478/vjes-2023-0008","url":null,"abstract":"Abstract This study explores the impact of the monetary policy of the National Bank of Romania, with its instruments and objectives during the Covid-19 pandemic, on the banks lending in Romania, considering the data provided by the NBR for the last 6 years. Overall, our findings confirm that the increasing bank lending channel for global monetary policy was active during the pandemic crisis.","PeriodicalId":399236,"journal":{"name":"Valahian Journal of Economic Studies","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123065256","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Integration of Digital Technology in Enterprises","authors":"L. Ionescu, Mathurin Founanou, M. Toma","doi":"10.2478/vjes-2023-0003","DOIUrl":"https://doi.org/10.2478/vjes-2023-0003","url":null,"abstract":"Abstract This study analyzes the main indicators regarding integrating digital technology in enterprises, in the context of sustainable digital transformation in the European Union (EU). The purpose of this analysis is to group indicators into three levels of importance. Thus, using the semaphore technique, the indicators will be delimited by three colors: green, yellow, and red. Depending on the three colors, future measures will be taken and strategies will be established regarding the indicators thus delimited. This research methodology is based on comparative analysis and case studies.","PeriodicalId":399236,"journal":{"name":"Valahian Journal of Economic Studies","volume":"68 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129477923","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Digitization of the Educational Environment-an Inevitable Change","authors":"G. Bondac, L. Hrestic","doi":"10.2478/vjes-2023-0007","DOIUrl":"https://doi.org/10.2478/vjes-2023-0007","url":null,"abstract":"Abstract Adapting the education and training system to technological evolution is a complex process necessary to prepare and improve human resources and an essential element of society’s development, modernization, and innovation. New digital technologies are the direct way to make schools more attractive for students, more adapted to their needs and lifestyles, and more effective in developing skills and generating lifelong education. This article aims to answer the question, “What is the impact of digitization on the educational environment on the instructional-educational process?”.","PeriodicalId":399236,"journal":{"name":"Valahian Journal of Economic Studies","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129536218","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Qualitative Analysis of Teleworking Research – an International Overview","authors":"Xiaoyu Zhan, Fang Wang, D. Popescu","doi":"10.2478/vjes-2023-0009","DOIUrl":"https://doi.org/10.2478/vjes-2023-0009","url":null,"abstract":"Abstract Because the year 2020 has brought upon the whole world unprecedented changes to the global economy and especially to the world of work, analyzing the subject of teleworking will bring more value to the field. Therefore, this paper aims to analyze the general panorama of teleworking research worldwide by analyzing articles and papers published in trustful publishers such as the Web of Knowledge database and statistical data published by international agencies. We will identify the poles for teleworking research, such as countries, authors, and institutions and correlate them through descriptive statistics. We conclude that before the COVID-19 pandemic, teleworking could have been more well-analyzed because only a tiny fraction of the workforce was occasionally working from home. From March 2020, as the infections swept the globe, many countries instructed employers to close their operations, and therefore a new era began. The study uses a wide range of bibliometric indicators provided by WOS, which analyzes the main articles, authors, and institutions. Also, we used the VOS Viewer software to map the main trends in the research field.","PeriodicalId":399236,"journal":{"name":"Valahian Journal of Economic Studies","volume":"174 1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121123551","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Raul Bogdan Mircea, R. Lile, D. Ţucu, L. Gal, T. Babanatsas
{"title":"Mathematical Modelling Designed for Monitoring Traceability and Quality Statistical Control in Romanian SMEs","authors":"Raul Bogdan Mircea, R. Lile, D. Ţucu, L. Gal, T. Babanatsas","doi":"10.2478/vjes-2023-0004","DOIUrl":"https://doi.org/10.2478/vjes-2023-0004","url":null,"abstract":"Abstract The paper presents a confirmed case of a factory in the west of the country, where the stochastic modeling generated by the software was implemented into SAP. This project was born out of necessity. Thus, to keep the processes under control and contribute to their improvement, they must be monitored, measured and analyzed regularly. As long as the main process indicators are monitored, the need to take corrective or improvement actions (whether reorganization or additional investment is needed) can be detected in time so that the company’s performance does not decrease to the level where the customer is no longer satisfied of the quality of the delivered products or too high non-quality costs appear that will no longer allow the achievement of the established objectives (Besterfield, D. H. et al., 2011). The program is presented in detail, starting with the introduction of collected data, the processing and generation of indicator graphs. The indicators have high accuracy and greatly help in making decisions. Finally, an improvement in production can be observed following the use of this software (Bourne, M., & Bourne, P., 2012). The purpose of our study is to create a stochastic mathematical model. Starting from a specific condition in SMEs from Romania, this study presents possibilities of innovation in operational structures specialized in quality monitoring, traceability and statistical control based on integrated modules in general software. The innovation process is based on data collected and monitored in real-time from the manufacturing process in conditions where the system ensures quality compliance at all stages of production. Through its modern functionalities, blockages are eliminated, waste of time is avoided, materials and money are saved, and it strengthens the business partnerships and the company’s position in the market. Results regarding particular implementations are preserved. Data is collected and monitored in real-time and the system ensures quality compliance at all stages of production.","PeriodicalId":399236,"journal":{"name":"Valahian Journal of Economic Studies","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128137514","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}