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dc.contributor.authorBuse, Lucian-
dc.contributor.authorSiminica, Marian-
dc.contributor.authorCirciumaru, Daniel-
dc.identifier.citationBuse, L., Siminica, M., & Circiumaru, D. (2008). Cost-benefit analysis – economic tool used to aid decision-making regarding the distribution of public funds. European Research Studies Journal, 11(4), 19-30.en_GB
dc.description.abstractAfter 1990, the financial analysis of the phenomena that occur in firms has grown in importance. Financial analysts face new challenges as a result of Romania’s accession to the European Union. A thorough analysis of the investment decisions is required in order to access structural funds. Many projects that may be granted funds are not feasible from a financial point of view, generating economic and social implications. To demonstrate that the demanded funds are truly needed, the analyst has to identify and quantify as precisely as possible all costs and benefits generated by that specific investment, task which may be accomplished with the use of Cost-Benefit analysis. For this reason, in the following pages, we shall present the main methodological aspects of the method accompanied by an example of how it is used.en_GB
dc.publisherUniversity of Piraeus. International Strategic Management Associationen_GB
dc.subjectCost effectivenessen_GB
dc.subjectWelfare economicsen_GB
dc.titleCost-benefit analysis – economic tool used to aid decision-making regarding the distribution of public fundsen_GB
dc.rights.holderThe copyright of this work belongs to the author(s)/publisher. The rights of this work are as defined by the appropriate Copyright Legislation or as modified by any successive legislation. Users may access this work and can make use of the information contained in accordance with the Copyright Legislation provided that the author must be properly acknowledged. Further distribution or reproduction in any format is prohibited without the prior permission of the copyright holder.en_GB
dc.publication.titleEuropean Research Studies Journalen_GB
Appears in Collections:European Research Studies Journal, Volume 11, Issue 4

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