Purpose This paper analyzes what factors drive a company’s decision to align financial and management accounting policies as a measure of integration of management accounting and financial accounting at the highest hierarchy levels of a company. Methodology/approach Research hypotheses for six...

We consider uncertain robust electricity market equilibrium problems including transmission and generation investments. Electricity market equilibrium modeling has a long tradition but is, in most of the cases, applied in a deterministic setting in which all data of the model are known. Whereas...

k -means clustering is a classic method of unsupervised learning with the aim of partitioning a given number of measurements into k clusters. In many modern applications, however, this approach suffers from unstructured measurement errors because the k -means clustering result then represents a...

The COVID-19 pandemic has resulted in a double shock - health and economic. As of March 1, 2021, COVID-19 has cost more than 2.5 million lives and triggered an economic recession surpassing any economic downturn since World War II. Part I of this paper explores the impact of this current...