Oleg Petelca - Academia.edu (original) (raw)

Papers by Oleg Petelca

Research paper thumbnail of The Multifunctionality and Sustainability of Small and Medium Enterprises in Tourism-Based Rural Communities

THE ANNALS OF THE UNIVERSITY OF ORADEA. ECONOMIC SCIENCES

The economic impact of tourist activity depends largely on the character of the area or space whe... more The economic impact of tourist activity depends largely on the character of the area or space where it is practised (e.g., developed, developing or less developed). It also depends on the administration or, in broader terms, management of this complex activity and finality through consumption. The latter is related to both customer satisfaction and the satisfaction of the travel agency providing services, to the degradation of certain traditions and the disturbance of the economic, social, cultural, demographic and environmental balance in local communities. The globalisation process and the technological evolution determine visible and behavioural changes because competitiveness is related to technological efficiency. Tourism can generate substantial income, thus contributing to regional development and dynamizing the labour market and companies activating in that sector. By allocating various funds, we can improve the quality of services and renovate accommodation facilities, whic...

Research paper thumbnail of Social and economic effects of rural tourism on the development of rural areas

CES Working Papers, 2020

The article focused on determining the effects of rural tourism on the social and economic situat... more The article focused on determining the effects of rural tourism on the social and economic situation of rural areas. The research was carried out on the basis of data collected from the National Bureau of Statistics of the Republic of Moldova for the period 2015-2020. There were analysed indicators reflecting the evolution of rural tourism such as attendance of establishments, capacity of establishments, number of tourists placed in establishments of collective touristic reception with functions of accommodation, number of overnight stays in establishments of collective touristic reception with functions of accommodation and indicators that reflect the socio-economical situation of rural areas in the Republic of Moldova such as households equipment by dwelling facilities, disposable incomes of population, employed population. The results showed the relatively small positive trend of indicators reflecting the evolution of tourism in rural areas of the Republic of Moldova and a weak, ...

Research paper thumbnail of Entrepreneurship in the Industry of Tourism

The Annals of the University of Oradea. Economic Sciences

In the economic field, entrepreneurship is important because it brings a contribution to the econ... more In the economic field, entrepreneurship is important because it brings a contribution to the economic and social development; it is also mentioned in certain scientific works within the field, thus constituting a generator of innovation and of the capacity of coping with competition. Entrepreneurship may represent the engine of an economy, by bringing along a particular dynamism in economy. The current entrepreneurial reason may be categorised as the most negative period of its history. Tourism represents a system of interests through which a person may occupy their free time, comprising various journeys to different far-away destinations. This industry was founded in order to meet the asset and service demands of tourists once they get to their destination, at certain standards of quality. The size and evolution of national tourism may be influenced by certain relations on the international tourist market, by the orientation of diverse tourist flows, and by a certain degree of worl...

Research paper thumbnail of Value management models for financial resilience estimations. A case of selected industrial companies in the Republic of Moldova

The object of the research is the financial resilience mechanism of the company focused on value ... more The object of the research is the financial resilience mechanism of the company focused on value management indicators. The aspect of financial resilience has been combined with enterprise value management in a crisis situation. The value management system was researched using the data from the financial reports of 32 joint-stock companies, the most representative for the industrial sector of the Republic of Moldova. Three models of financial resilience of the enterprise based on value management were applied: the operative value management model, the strategic value management model, and the econometric model. The results of the research showed the existence of a positive influence of the balance sheet value of equity and net residual profit on the value of the enterprise. The financial resilience based on the enterprise value determined according to the market capitalization can be achieved by the balance sheet value of equity and residual profit.

Research paper thumbnail of The Multifunctionality and Sustainability of Small and Medium Enterprises in Tourism-Based Rural Communities

THE ANNALS OF THE UNIVERSITY OF ORADEA. ECONOMIC SCIENCES

The economic impact of tourist activity depends largely on the character of the area or space whe... more The economic impact of tourist activity depends largely on the character of the area or space where it is practised (e.g., developed, developing or less developed). It also depends on the administration or, in broader terms, management of this complex activity and finality through consumption. The latter is related to both customer satisfaction and the satisfaction of the travel agency providing services, to the degradation of certain traditions and the disturbance of the economic, social, cultural, demographic and environmental balance in local communities. The globalisation process and the technological evolution determine visible and behavioural changes because competitiveness is related to technological efficiency. Tourism can generate substantial income, thus contributing to regional development and dynamizing the labour market and companies activating in that sector. By allocating various funds, we can improve the quality of services and renovate accommodation facilities, whic...

Research paper thumbnail of Social and economic effects of rural tourism on the development of rural areas

CES Working Papers, 2020

The article focused on determining the effects of rural tourism on the social and economic situat... more The article focused on determining the effects of rural tourism on the social and economic situation of rural areas. The research was carried out on the basis of data collected from the National Bureau of Statistics of the Republic of Moldova for the period 2015-2020. There were analysed indicators reflecting the evolution of rural tourism such as attendance of establishments, capacity of establishments, number of tourists placed in establishments of collective touristic reception with functions of accommodation, number of overnight stays in establishments of collective touristic reception with functions of accommodation and indicators that reflect the socio-economical situation of rural areas in the Republic of Moldova such as households equipment by dwelling facilities, disposable incomes of population, employed population. The results showed the relatively small positive trend of indicators reflecting the evolution of tourism in rural areas of the Republic of Moldova and a weak, ...

Research paper thumbnail of Entrepreneurship in the Industry of Tourism

The Annals of the University of Oradea. Economic Sciences

In the economic field, entrepreneurship is important because it brings a contribution to the econ... more In the economic field, entrepreneurship is important because it brings a contribution to the economic and social development; it is also mentioned in certain scientific works within the field, thus constituting a generator of innovation and of the capacity of coping with competition. Entrepreneurship may represent the engine of an economy, by bringing along a particular dynamism in economy. The current entrepreneurial reason may be categorised as the most negative period of its history. Tourism represents a system of interests through which a person may occupy their free time, comprising various journeys to different far-away destinations. This industry was founded in order to meet the asset and service demands of tourists once they get to their destination, at certain standards of quality. The size and evolution of national tourism may be influenced by certain relations on the international tourist market, by the orientation of diverse tourist flows, and by a certain degree of worl...

Research paper thumbnail of Value management models for financial resilience estimations. A case of selected industrial companies in the Republic of Moldova

The object of the research is the financial resilience mechanism of the company focused on value ... more The object of the research is the financial resilience mechanism of the company focused on value management indicators. The aspect of financial resilience has been combined with enterprise value management in a crisis situation. The value management system was researched using the data from the financial reports of 32 joint-stock companies, the most representative for the industrial sector of the Republic of Moldova. Three models of financial resilience of the enterprise based on value management were applied: the operative value management model, the strategic value management model, and the econometric model. The results of the research showed the existence of a positive influence of the balance sheet value of equity and net residual profit on the value of the enterprise. The financial resilience based on the enterprise value determined according to the market capitalization can be achieved by the balance sheet value of equity and residual profit.