The 14th International Conference on Business Excellence
Business Revolution in the Digital Era

19-21 March 2020, Bucharest, Romania

 “The best way to predict the future is to create it.” – Abraham Lincoln

Mini Track Chair:

  • Cristian PAUN, The Bucharest University of Economic Studies, Romania
  • Ionuț DUMITRU, Fiscal Council, Romania
  • Raquel MENESES, Porto Business School

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

Cristian 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:

Ionuț DUMITRU president of the Fiscal Council, is a professor at the Faculty of Finance, Insurance, Banks and Stock Exchanges, of The Bucharest University of Economic Studies. He leads the Sectoral and Economic Research Division of Raiffeisen Bank and Vice-President of the Association of Banking and Financial Analysts in Romania (AAFBR), affiliated with EFFAS (The European Federation of Financial Analysts Societies). He has published over 30 articles in ISI-rated journals, journals indexed in international databases and volumes of international and national scientific events. He also published 8 specialist books in the field of macroeconomic policies and banking management. He has participated in more than 15 research projects – PHARE, PNII-IDEI, CEEX, CERES, the European Institute of Romania, the Romanian Center for Economic Policies (CEROPE) and CNCSIS. He is quoted in papers published in ISI-rated journals or indexed in international databases and has been invited on many occasions to participate in presentations at national and international scientific conferences. He is a member of the Romanian Association for the Club of Rome (ARCoR) and SOREC – Romanian Society of Economy.

Raquel Meneses holds a Ph.D. in Business Science from the School of Economics and Management of University of Porto, where she teaches within the area of Strategy and International Marketing since 1995. She also teaches in Porto Business School.
She does a lot of research in the same area, mainly questions concerning national culture and international business, business diplomacy, ambidexterity and coopetition. Currently, she is very interested in Fintechs, especially their business model and the relation with traditional banking. In methodological terms she is very eclectic; she uses both qualitative and quantitative methodologies, namely systematic combining, Hypothesis tests, structural equation models and fuzzyset QCA. Through the years, she has attended several international conferences and have written some book chapters, a manual, and several papers published in scientific peer review journals. Currently, she is the director of University of Porto Marketing Masters Course.

Publication Opportunities:

The conference is organized by Society for Business Excellence and UNESCO Department for Business Administration on the 19-21 of March 2020 at The Bucharest University of Economic Studies, Faculty of Business Administration in Foreign Languages (FABIZ) in partnership with the Romanian Academy, the University of Bucharest and the Sapienza University from Rome, Italy. The papers accepted at ICBE 2020 will be published in the conference proceedings, subject to author registration, payment and presentation. The 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 (

Important! Papers presented to the International Conference on Business Excellence (ICBE 2019) will be considered for publication in a Special Issue of the Sustainability Journal, indexed Web of Science, Impact Factor: 1.789 (2016); 5-Year Impact Factor: 1.850 (2016);

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

At the final ceremony, based on a international committee selection, there will be granted three Best Paper Award Management&Marketing, two Excellence Awards and two Best Paper Awards of the Journal of Economic Forecasting, indexed in Web of Science (

Submission Details

Abstract submission deadline 31 October 2019 15 December 2019
Notification of abstract acceptance 15 November 2019 17 December 2019
Submission of full paper due for review 15 January 2020 31 January 2020
Notification of paper acceptance (with any requested changes) 31 January 2020 16 February 2020
Final paper due (with any changes) 19 February 2020 29 February 2020
Final Author registration date 29 February 2020 5 March 2020

Registration and payment*

Academics 200 euro
Practitioners 250 euro
Student (PhD or Post-doc) 150 euro
REGULAR – By March 9th 2020
Academics 300 euro
Practitioners 350 euro
Student (PhD or Post-doc) 250 euro
LATER (ON SITE*) – After March 9th 2020
Academics 400 euro
Practitioners 450 euro
Student (PhD or Post-doc) 350 euro
  • The conference fee includes one conference attendance, publication, conference folder, meals during the conference and a trip in a soon to be announced destination on March, 21.
  • Accompanying person: € 80,00 (Only for the social dinner)
  • All confirmed SBE members (who have paid their membership fee for 2020) benefit from a 30% fee discount.

*Please be aware that a late payment involves the possibility not to be present in the printed version of the materials (agenda, booklet).

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Details about the payment and the SBE bank account are available at
Information about the conference could be found also on the website

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