Purpose – The effect of corporate governance on firm performance has long been of great interest to financiers, economists, behavioural scientists, legal practitioners and business operators. Yet there is no consensus over what constitutes an effective corporate governance mechanism that...

Purpose – This paper seeks to examine the case of the multi‐period optimisation problem where decisions are obtained from a finite horizon model and will be implemented in a situation in which the system will operate indefinitely. Design/methodology/approach – The production planning...

Purpose – The purpose of this paper is to present an application of the simulated annealing algorithm to the redundant system reliability optimization. Its main aim is to analyze and compare this optimization method performance with those of similar application. Design/methodology/approach –...

The authors propose two variants of lexicographic preference rules. They obtain the necessary and sufficient conditions under which a linear utility function represents a standard lexicographic rule, and each of the proposed variants, over a set of discrete attributes. They then: (i)...

Purpose – The value chain of the Norwegian meat production industry has recently been through major structural changes resulting in increased flows and transportation needs at all levels. The purpose of this paper is to present results of the initial stage of a five‐year research project...

Purpose – Tracker funds offer an attractive balance between risk and return, by providing the profit of the index, with the reduced risk associated with the broad market cover. An effectively designed tracker fund will achieve best tracking of the index with minimal running and trading costs....

Purpose –Maximum Loss was one of the risk measures proposed as alternatives to Value at Risk following criticism that Value at Risk is not coherent. Although the power of Maximum Loss is recognised for non-linear portfolios, there are arguments that for linear portfolios Maximum Loss does not...

Purpose – This paper aims to show how information in digital collections that have been catalogued using high‐quality metadata can be retrieved more easily by users of search engines such as Google. Design/methodology/approach – The research and proposals described arose from an...

Purpose – A research‐based overview of high performance facility synchronization (HPFS), this paper aims to help facility managers understand trends and performance criteria as well as the financial and qualitative benefits that can result from implementing HPFS within their facilities....