The impact of globalization and worldwide competition has become excruciatingly noticeable in China. The purpose of this study is to examine China’s transformation of state‐owned enterprises (SOEs) to competitive, capable organizations by identifying the dominant challenges and forces for...

We compare density forecasts of the S&P 500 index from 1991 to 2004, obtained from option prices and daily and 5-min index returns. Risk-neutral densities are given by using option prices to estimate diffusion and jump-diffusion processes which incorporate stochastic volatility. Three...

Purpose – The purpose of this paper is to propose an optimal technology selection (OTS) method considering technology alternatives' required input levels of resource, to help companies select an optimal technology. Design/methodology/approach – The proposed method clustered technology...