The concept of social profit has emerged as a result of the sustainability movement and has become a key indicator of non-financial corporate performance. Unlike traditional financial measures, social profit reflects the social and environmental impacts of a company’s activities in the community in which it operates. This paper examines the challenges of establishing standardised methodologies and metrics for measuring social profit, as well ...

Starting from the non-economic dimensions of business, the article presents a series of obligations of enterprises that aim to protect values and responsible business conduct, as reflected in the regulation of foreign direct investment and in the regulation of due diligence in matters of corporate sustainability.These obligations, however non-economic they may seem, can have profound consequences for enterprises, including economic ones.

Debates on central bank digital currency (CBDC) pose serious challenges for legal practitioners, as they involve a concept characterized by ambiguity (first issue), variable parameters of analysis (second issue) and complex technical and economic components (third issue). Legal practitioners usually prefer well-defined topics with clear legal bases, which allow interpretation of legal principles and identification of legal correlations. The CB...

The prevention of insolvency constitutes a cornerstone of the legal framework, enabling financially distressed enterprises to undertake restructuring efforts and implement strategic measures to surmount periods of economic adversity.One of the principal mechanisms for insolvency prevention is the preventive concordat procedure, which necessitates an initial assessment report on the financial distress encountered by the company. Upon the c...

The regulation of part-time work in the content of art. 103-107 of the Labor Code corresponds, in principle, to the objectives established in the content of Council Directive no. 97/81/EC of 15 December 1997 on the framework agreement on part-time work, amended by Council Directive 98/23/EC of 7 April 1998, the Romanian legislator aiming to eliminate discrimination against part-time workers and improve the quality of part-time work, facilitat...

The European insurance industry lives in the area of the conflict of laws. The aim of this paper is to show how the so-called „European conflict of laws” reveals – to foreign companies – its virtues and vices alike. Such foreign companies (non-European companies or companies outside the European Union itself, n.n.) are invited to know in depth the federal-like nature of the European Union and its legislative infrastructure. Once this nature is...

The work of preventing and combating money laundering and terrorist financing is an obligation of all states, united under the same standards of customer knowledge to eliminate this phenomenon in all areas of economic and social life. The need to apply all appropriate measures is all the more evident in the field of gambling, knowing that reality has shown an evolution of the phenomenon of money laundering and terrorist financing, in line with ...

Waste management in the Republic of Moldova needs improvements andtransformation into sustainable materials management. This transformation is necessary to protect, conserve, and enhance environmental quality and ensure human health protection. Additionally, it is crucial for the prudent, efficient, and rational use of natural resources, promoting circular economy principles, and supporting the use of renewable energy sources. These chang...

Digitalization in public administration promises greater efficiency and transparency. Digitalization facilitates access to information and processes, thereby reducing opportunities for corrupt acts and increasing accountability. Moreover, digital solutions can help prevent corruption by monitoring transactions and detecting suspicious activity. However, there are risks associated with data security, and integrity incidents can occur when info...

The paper aims to provide some remarks on the topic of managing the risk of third-party manufacturers placing defective products on the market through e-commerce and online marketplaces. Starting with considerations regarding the role that e-commerce platforms play in the market, this paper will analyze how the European policymaker addresses these issues in the text of the revised directive on liability for defective products, as approved by t...