Economic forecasting has become big business with over 40 institutions producing forecasts in the UK alone. Such forecasts are widely reported in the media and businesses typically subscribe to the output of at least one forecasting agency and use it for planning production and investment over...

The use of information technology (IT) in organizations is subject to various kinds of potential risks. Explores the environment of IT in organizations, identifies the probable threats, and proposes a framework for integrated risk management. The risk management process has four major components...

In the context of the “year‐2000” problem, focuses on the risk involved in real time clocks and their interactions with associated embedded processors and logic arrays, dedicated electronic control and monitoring logic incorporated into larger systems. These are essential to the operation...

Typescript (photocopy)

Abstract: Purpose – The purpose of this paper is to introduce strategic managers to a multi-perspective approach to thinking about risk. Design/methodology/approach – This paper takes the form of a review. Findings – An eight-fold way of thinking about risk is suggested: as a formal idea...

Contends that the E-V-R (environment-values-resources) congruence model provides an ideal framework for examining what entrepreneurs and entrepreneurial managers must achieve strategically in order to create and sustain organisational effectiveness and success. E-V-R shows how the environment is...

We provide a general framework for integration of high-frequency intraday data into the measurement, modeling, and forecasting of daily and lower frequency return volatilities and return distributions. Mostprocedures for modeling and forecasting financial asset return volatilities, correlations,...

Although there is a plentiful literature on the use of evolutionary methodologies for the trading of financial assets, little attention has been paid to potential use of these methods for efficient trade execution. Trade execution is concerned with the actual mechanics of buying or selling the...

Risk aversion is a key element of utility maximizing hedge strategies; however, it has typically been assigned an arbitrary value in the literature. This paper instead applies a GARCH-in-Mean (GARCH-M) model to estimate a time-varying measure of risk aversion that is based on the observed risk...

Trade execution is concerned with the actual mechanics of buying or selling the desired amount of a financial instrument of interest. A practical problem in trade execution is how to trade a large order as efficiently as possible. A trade execution strategy is designed for this task to minimize...