Purpose Research has demonstrated that family businesses limit the goal of maximizing profits in exchange for maintaining control of the company and passing control to future generations. However, these decisions are not always shared by the stakeholders who are outside the family context,...

This paper is devoted to an analysis of financial ratio adjustment in European financial statements. To that end, we use an hierarchical model based on the partial adjustment model. This model allows us to distinguish between adjustments that are due to external shocks and which affect all...

In this paper we propose an algorithm to carry out the monitoring and retrospective intervention process in Dynamic Linear Models, both selectively and automatically. The algorithm is illustrated by analysing several series taken from the literature, in which the proposed procedure is shown to...

In this paper, we introduce a semi-parametric Bayesian methodology based on the proportional hazard model that assumes that the baseline hazard function is constant over segments but, by contrast to what is usually assumed in the literature, with the periods at which the function changes not...

<title>Abstract</title> This paper aims to determine why consumer purchasing of fast moving consumer goods varies over time in Spain. More specifically, our objective is to explain multiple-store shopping in the households belonging to the Spanish Nielsen Homescan consumer panel that provides information about...

The European Union Emissions Trading Scheme (EU ETS) is the first and largest international scheme for the trading of greenhouse gas emission allowances (European Union Allowances (EUA)). Considering that the global economic crisis is hurting corporate profits, analysing the implications of CO₂...

This work extends the AHP-Bayesian Prioritization procedure proposed by the authors for a local context (a single criterion) to a global context (a hierarchy) and presents a taxonomy of criteria that contribute to the ranking of the alternatives. In this global context, the paper defines and...