https://www.um.edu.mt/library/oar/handle/123456789/28508 2026-04-11T11:25:35Z https://www.um.edu.mt/library/oar/handle/123456789/31996 Title: The role of work-life balance practices in order to improve organizational performance Authors: Lazar, Ioan; Osoian, Codruta; Ratiu, Patricia Iulia Abstract: Well known in the literature as work life balance, the quality relationship between paid work and unpaid responsibilities is critical for success in today’s competitive business world. The issue of work-life balance has been developed in response to demographic, economic and cultural changes. The purpose of this paper is to establish whether work-life balance initiatives and practices can be considered as strategic human resource management decisions that can translate into improved individual and organizational performance. The results of a number of studies reviewed in this paper show the outcomes and the benefits of implementing worklife balance practices not only for employees themselves, but also for their families, organizations and society. Despite the fact that work-life conflict has significant business costs associated with lack of engagement, absenteeism, turnover rates, low productivity and creativity or poor retention levels, there are some factors of organizational work-life culture that may compromise availability and use of these practices What are the challenges for research and practice in the future? In the end of the article we propose several suggestions (guidelines) in order to improve our understanding, choice, implementation and effectiveness of work-life practices. 2010-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/31993 Title: Operational risk measurement Authors: Anghelache, Gabriela; Olteanu, Ana-Cornelia; Radu, Alina-Nicoleta Abstract: Beginning with the fact that performant strategies of the financial institutions have programmes and management procedures for the banking risks, which have as main objective to minimize the probability of risk generation and the bank’s potential exposure, this paper wants to present the operational risk measurement. Therefore, the first part presents the conceptual approach of the operational risks through the point of view of the financial institutions exposed to this type of risk. The second part describes different measurement methods for the operational risk. The final part of this article presents the approach assumed by a financial institution with a precise purpose: the quantification of the minimum capital requirements of the operational risk. 2010-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/31991 Title: The implementation of competition policy in the field of concentration : the Albanian case Authors: Allmuca, Alba Abstract: In our country we can talk for free trade and the existence of a competition in the market only after 1990. Trade exchange with other countries is important for every one and more when it comes after a total closure. The opening of borders will certainly influence the best in the market empowered by it and by increasing competition. In our country were completed a series of structural reforms for the orientation towards the market economy. Thus began the creation of market economy, which implies the independence of economic agents and their ability to decide independently on their economic activity, so the free enterprise. But, with economic freedom began to emerge from the practices and risks for no competition in some markets. We can talk for mergers in Albania only after 2000, because after this year start a review for this. If we will see the first law on competition in the year 1995 does not mention any possibility of creating mergers in markets, but it is possible to create a dominant position for a company. Developments after 2000 and the beginning of the process of integration in EU make it necessary to revise the law in the area of competition. 9121 Law "On competition defense" where concentrations are treated as one of the pillars of competition law. What it is in the flow of concentration is that these are affecting the rights entitled to the structure of the market and this can cause a change in markets structure. Concentration of any kind would be they, can have two effects: A) Increasing market power B) Increasing efficiency Net impact of a merger on strengthening the market power will depend on the tradeoff between these two effects. A delay for the establishment of concentration is gaining market power, when the concentration consists in the creation of a single company. But the situation becomes more complex when the concentration concludes in a combination of some companies, but not all companies are part to the same market. Increasing competition in the Albanian market and globalization are the factors that make it attractive for companies joining their forces. Reorganization in some sectors is able to increase competition industry in our country and they can improve the conditions of growth and increasing living standards. In cases where we have union of companies which will bring more products with higher quality, will make products more competitive and make prices more reasonable, then profit from the concentrations. But some merger could bring the creation of a company or because the dominant operator would merger on market only products of the largest company. In this case, concentrations will have a lower level of efficiency in markets and from the competitions laws these companies can not perform or they can have some conditions to conduct their activities. Given the effects that come as a result of concentration and the first wave of merger that has begun in our country I decided to treat the topic: "The implementation of competition policy in the field of concentration." 2010-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/31990 Title: Value relevance of accounting information in the pre- and post-IFRS accounting periods Authors: Kousenidis, Dimitrios V.; Ladas, Anestis C.; Negakis, Christos I. Abstract: This paper examines the value relevance of accounting information in the pre- and post-periods of International Financial Reporting Standards implementation using the models of Easton and Harris (1991) and Feltham and Ohlson (1995) for a sample of Greek companies. The results of the paper indicate that the effects of the IFRS reduced the incremental information content of book values of equity for stock prices. However, earnings’ incremental information content increased for the post-IFRS period. The results can be explained by the introduction of the fair value principle under the IFRS that brought major changes in book value but not in earnings. 2010-01-01T00:00:00Z