Vasile Cocris - Academia.edu (original) (raw)

Papers by Vasile Cocris

Acta Universitatis Danubius: Oeconomica, Aug 1, 2017

Studii Financiare (Financial Studies), 2014

Oradea Journal of Business and Economics, Mar 1, 2017

Foreign banks represent important channels for the transfer of productive resources, managerial a... more Foreign banks represent important channels for the transfer of productive resources, managerial and organizational skills and experience accumulated on international level, which led to increased competition in the banking market in Romania, which contributed to some extent to the profitability of the Romanian banking sector. The purpose of the current attempt of research is the analysis of the structural evolution of the banking sector in Romania, under the impact of foreign direct investments (FDI). Analyzing the structural evolution of the Romanian banking sector, there can be observed that in 2015, FDI has influenced some important merger operations on a level with branches of foreign banks in Romania, and over 85% of the total capital of the banking system in our country belongs to credit institutions with foreign majority ownership and to their branches. Regarding the origin of the foreign capital of credit institutions, it originates from the member states of the European Union (EU). It is also worthy of note that in 2015, the top ten banks in the banking sector of Romania held 71.6% of the assets, while the remaining 26 banks held a share of only 28.4% of the market. Banca Comercială Română, BRD -Groupe Société Générale and Banca Transilvania are in 2015 the main banks in the Romanian banking system, with a major market share.

DOAJ (DOAJ: Directory of Open Access Journals), 2016

Analele Universităţii "Dunărea de Jos" din Galaţi, Dec 3, 2021

The present work is focused on ship resistance performances assessment for a given capacity conta... more The present work is focused on ship resistance performances assessment for a given capacity containership. Starting from the main dimensions of a parent ship, other ten hull forms have been generated using DELFTship free program. For each case, the hydrodynamic ship resistance has been calculated using an inhouse code. The objective was to modify some geometrical parameters to obtain shapes of the hull that would provide the least resistance at the required transport capacity. The results obtained will be used in a future analysis related to the impact of hull forms improvements and ship resistance reduction on the propulsive performance and CO2 emissions per transport work.

SEA: Practical Application of Science, 2014

In the past 20 years operational and reputational risk has become more intriguing due to the publ... more In the past 20 years operational and reputational risk has become more intriguing due to the public scandals of rogue tranding in banks like Barings Bank, Allied Irish Banks, Enron. The purpose of this study is to find the connections between operational risk and reputational risk. Our research shows that there may be a loss of reputation due to operational loss events. Moreover, every type of operational risk, from internal fraud, external fraud, legal and liability losses, processing errors, information security breaches, inappropriate business practice, physical security breaches conduct to a loss of reputation. The limitations of this paper are represented by the fact that do not have enough data to show the real impact of the reputation risk to the financial results of the European Banks.

Oradea Journal of Business and Economics, 2017

Emerging Markets Finance and Trade, 2014

By performing an econometric analysis of the credit cycle and business cycle from an individual a... more By performing an econometric analysis of the credit cycle and business cycle from an individual as well as a comparative perspective, with a focus on ten relevant economies from the areas of Central, Eastern, and Southeastern Europe, this research offers a fresh view regarding the importance of banks in promoting long-term economic growth through their lending capacity. The purpose is to better understand the behavior (the short- and medium-term dynamics) of the credit cycle and business cycle and the effects of the interactions between them. The results of this study offer valuable insights for both academics and policymakers and provide a warning to regulators not to overregulate or put too much pressure on banking activity.

Annals of Faculty of Economics, 2008

In January 2007, Romania became a member of the European Union and the National Bank of Romania a... more In January 2007, Romania became a member of the European Union and the National Bank of Romania a member of The European System of Central Banks (ESCB). This event was a confirmation of the success of Romanian reforms, but, at the same time, it was the beginning of a new stage in the process of accomplishing the nominal and real convergence conditions, set in the Maastricht Treaty. In this study we have explored some considerations about the NBR's reform performances before and after the EU accession and, also, we have discussed about the main challenges and perspectives for the Romanian central bank in the new economic environment imposed by the integration process.

Romanian Journal of Economic Forecasting, 2010

In this paper, we analyze the efficiency of the main banks in Romania, the Czech Republic and Hun... more In this paper, we analyze the efficiency of the main banks in Romania, the Czech Republic and Hungary for the period 2000-2006, by using the frontier analysis. For the estimation of efficiency of banking we used a nonparametric method-the DEA Method (Data Envelopment Analysis) and a parametric method-the SFA Method (Stochastic Frontier Analysis). The results of the analyses show that the banks in the three East-European countries reach low levels of technical efficiency and cost efficiency, especially the ones in Romania, and that the main factors influencing the level of banks efficiency in these countries are: quality of assets; bank size, annual inflation rate; banking reform and interest rate liberalisation level and form of ownership.

Journal of Intercultural Management and Ethics, Dec 31, 2018

Review of Economic and Business Studies, Jun 1, 2015

This paper examines the impact of monetary policy on bank risktaking and the influence of the rec... more This paper examines the impact of monetary policy on bank risktaking and the influence of the recent financial crisis on this relation. We use a dataset of 571 commercial banks from Eurozone and analyze the relation on the period from 1999 to 2011, with emphasize on the period 2008 to 2011. We use non-performing loans, loan loss provisions and Z-score as measures for bank risk-taking, while for monetary policy the proxies are short-term interest rates (computed using a Taylor rule) and long-term interest rates. We determine the relation between the two by taking into account some specific control variables and analyze it using an entity fixed-effects model and Generalized Method of Moments, alternatively. Empirical results point to a negative relation between interest rates and bank risk-taking. In addition to this, results show that the crisis has led to an additional negative impact on the relation between interest rates and bank risk-taking for the turmoil period 2008-2011.

Challenges of the Knowledge Society, 2012

The Structural and Cohesion Funds as well as the loans obtained by our country from the IMF have ... more The Structural and Cohesion Funds as well as the loans obtained by our country from the IMF have significant implications upon the Romanian financial system. This article is a comparative approach structured on five parts as it follows: the second part is a review of the specific literature regarding the theme of our work, the third part is an analysis of the absorption stage of the Structural Funds and the evolution of the stand by agreements between Romania and IMF, the fourth part is a SWOT analysis of the Structural Funds versus the IMF loans and the last section is dedicated to the econometric quantification of the efficiency of the two financing opportunities. The IMF loans ensure the coordinates of the financial stability but the structural funds represent the link between stability and the development that Romania needs. We consider and claim that Romania needs European funds. We do not ask to give up entirely to the IMF loans but we plead for having an equilibrium which cou...

Rezumat. Scopul prezentei lucrări este de a evalua eficacitatea transmisiei impulsurilor de polit... more Rezumat. Scopul prezentei lucrări este de a evalua eficacitatea transmisiei impulsurilor de politică monetară asupra inflaţiei şi creşterii economice, în România, prin intermediul canalului ratei dobânzii. Utilizând modelul vectorului cu autocorecţie (Vector Error Correction Model) şi funcţia de răspuns la şocuri, studiem răspunsul variabilelor macroeconomice la un şoc al politicii monetare prin intermediul ratei dobânzii, în perioada 2003M01-2012M06. Rezultatele empirice obţinute sunt în concordanţă cu teoria economică şi putem afirma că asistăm la o îmbunătăţire a eficacităţii transmisiei impulsurilor de politică monetară prin canalul ratei dobânzii. Cuvinte-cheie: politica monetară; rata dobânzii; modelul vectorului cu autocorecţie; România; stabilitate financiară.

The research paper aims to underline the importance of civic behavior in business and bank’s role... more The research paper aims to underline the importance of civic behavior in business and bank’s role in the implementation of sound principles of corporate social responsibility. The authors analyzed terms such as corporate social responsibility, sustainable development, fi-nancial stability and the relationship between them, in order to explain their impact on the proper function of world economy. The authors provided a synthesis of corporate social responsibility principles and codes of con-duct as well as an overview of the consumer protection system in Romanian financial sector. The article furnishes examples of good practices in the Romanian banking sector compared to the European one, realizing a case study on Group Societe Generale’s corporate social responsibility mission statement."