Economics, Econometrics and Finance
8 years ago

EU single market revolutionized by international financial reporting standards.

THE EUROPEAN BUSINESS MARKET PAST PRESENT AND FUTURE
Stefan Aurel Raileanu, Alexandru Botica

Paper Summary

The European business market has a long history dating back 1200 years, shaped by sea trade, competition, and technological advancements. It has evolved from isolated markets to a unified EU single market. The future of European business lies in international financial reporting standards, which provide consistent and comparable information for all stakeholders.

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