Mini Track on International Business Finance In A Globalized World

The 12th International Conference on Business Excellence
Innovation and Sustainability in a Turbulent Economic Environment

“On the free market, everyone earns according to his productive value in satisfying consumer desires. Under statist distribution, everyone earns in proportion to the amount he can plunder from the producers.” – Murray N. Rothbard

22-23 March 2018, Bucharest, Romania

Mini Track Chairs:

Cristian PAUN, The Bucharest University of Economic Studies, Romania

Cristian Badarinza, National University of Singapore, Republic of Singapore

Tănase Stamule,The Bucharest University of Economic Studies, Romania

“On the free market, everyone earns according to his productive value in satisfying consumer desires. Under statist distribution, everyone earns in proportion to the amount he can plunder from the producers.” – Murray N. Rothbard

Capital is the most important production factor. Without the existence of capital, other resources such as labour or raw materials are difficult to be mixed in a complex endeavour that is business. The creation of genuine capital is directly connected to the saving behaviour, the opposite of consumption. Capital is directly connected to the time preference of individuals and it has a specific cost – interest rate, a fundamental price of economic system. International capital plays a very important role for emerging markets, facing with a limited capacity to save and limited opportunities to invest such savings. Romania today, as the most countries from this region, has clear difficulties to be strongly and directly connected to international financial markets, with negative influence on the economic growth and development.

The Society for Business Excellence jointly with The UNESCO Department for Business Administration, encourage participants as academic researchers, practitioners from the business sector, PhD students, people working in public administration (central bank, controlling authorities) and in the non-governmental sector, etc.  to submit papers on the topic of international business finance.

 The main topics covered by the hereby call for papers are related to:

  • Access to international finance
  • International business finance mechanisms
  • International banking
  • International foreign investments
  • International financial risks
  • International financial management
  • Central banks and monetary policy
  • International crisis contagion
  • International cost of capital
  • Exchange rate and foreign exchange markets
  • International financing decision
  • International financial institutions

cristianpaunminitrackCristian PAUN is Professor at Bucharest University of Economic Studies, International Business and Economics department, vice-dean of the Faculty of International Business and Economics from 2016. He is teaching international finance since 2009 to this faculty. He has a Ph.D. with a thesis on risk management of international portfolio investments. He is Executive Director of Romanian Society of Economics from 2009. He was Executive Director of Research Centre in International Business and Economics between 2012 and 2016. He is author of more than 60 research papers published in Romanian and foreign academic journals, most of them focused on the field of international finance. He was involved in various research projects focused on the problem of crisis contagion, investors’ risk aversion, financial management, international financing etc. He is a successful blogger on economic issues.

Research Gate Profile:

Google Scholar Profile:


Cristian Badarinza is an Assistant Professor at the National University of Singapore, a Research Fellow of the Institute of Real Estate Studies, and a Network Associate of the Centre for Economic Policy Research, London. His research interests are in the areas of residential real estate, householdfinance and financial economics.

Previously, Cristian has been a Postdoctoral Fellow at Said Business School, University of Oxford, and a Research Assistant in the Monetary Policy Research Division of the European Central Bank in Frankfurt am Main. He has a PhD and an MSc in Economics from Goethe University.

Cristian is also part of the Sloan Initiative for International Comparative Household Finance. This research initiative connects academics from Europe, Asia and the US which seek to explore how household financial markets, such as mortgage, pension, and risky asset markets, are set up around the world, and whether there are international best practices that can be established.


Tănase Stamule is associate professor, vice-dean of Business and Administration, The Bucharest University of Economic Studies. He has a BA in Business and Administration & PhD in Change Management, Strasbourg University BA in Communication, Trier University Certificate in European Studies, Hertie School of Governance – Executive Master in Public Administration. He has more than 10 years of experience in academic and public management, restructuring local budgets, develop communication strategies for ASE and organizing international events in both Romania and in the Balkans, extensive knowledge in the following industries: Education, City Management, Commercial Communication, Hospitality Management. Research areas: Cross-cultural management, leadership, public management, SMEs.


Publication opportunities

The conference is organized by Society for Business Excellence and UNESCO Department for Business Administration on the 22-23 of March 2018 at The Bucharest University of Economic Studies, Faculty of Business Administration in Foreign Languages (FABIZ). The papers accepted at ICBE 2018 will be published in the conference proceedings, subject to author registration, payment and presentation.

The presented papers will be published in the Conference Proceedings volume under the German Publishing House De Gruyter and they will be indexed in EBSCO, Proquest, ExLibris, OCLC, Google Scholar, Microsoft Academic, CELDES, CNPIE, Naviga, and will be submitted to Thomson Reuters ISI Web of Science (WOS) Conference Proceedings Citation Index.

In addition, a selection of the best papers will be published in the international journal Management & Marketing. Challenges for the Knowledge Society by De Gruyter Open, indexed in Emerging Sources Citation Index (ESCI), Scopus, Proquest, Cabell’s Directory and more than 20 other international databases (

At the final ceremony, for scientific merits and rigour there will be granted two Excellence Awards, and for each section a Best paper award.


Submission details

Abstract submission deadline 30 October 2017
Notification of abstract acceptance 15 November 2017
Submission of full paper due for review 15 December 2017
Notification of paper acceptance (with any requested changes) 31 December 2017
Final paper due (with any changes) 19 February 2018
Final Author registration date 28 February 2018


Registration and payment*


EARLY BIRD REGISTRATION AND PAYMENT 14 December 2017 – 15 January 2018
Academics 160 euro
Practitioners 200 euro
PhD students 120 euro
Academics 200 euro
Practitioners 250 euro
PhD students 150 euro
* The conference fee includes conference attendance, publication, conference folder, meals during the conference and a trip in a soon to be announced destination on the 24th of March 2018.

**Non-presenting participants are subject to a universal fee of 80 euro.

***All confirmed SBE members (who have paid their membership fee for 2018) benefit from a 30% fee discount.

Should you have any questions please email us at a first step, we require a 300-word abstract which is to be received by the 30th of October 2017. Submissions must be made using the online submission form available at and the final paper should be accompanied by publishing agreements and declaration of originality.

Details about the payment and the SBE bank account are available at

Information about the conference could be found also on the website