This paper illustrates the value of several particular features of a first phase parametric approach to discounted cash flow (DCF) decision analysis when significant uncertainty is involved. It also illustrates the value of second phase probabilistic approaches to selected parameters for five...

Stakeholders are a major source of uncertainty in projects. This uncertainty encompasses who relevant stakeholders are, how they could influence a project, and what their motives are in so far as their actions affect project activity. A generic project uncertainty management process framework is...

An important aspect of stakeholder management in construction projects is the contractual approach to managing risk and uncertainty. Clients need to choose an appropriate form of contract from available common options, like fixed price, design and build (D&B), and design, build, finance and...

A popular stereotype has it that German firms are somehow 'long-term strategically oriented' and British firms focus on short-term financial gain. Analysing ethnographic material from British and German brewers, this paper explores how management accountants in the two countries conceive of...

Purpose – This literature review seeks to engage with the discussion of the limitations of studying corporate governance processes as a “black box” by developing a theoretical framework for qualitative corporate governance research that can support the design of future hermeneutic research...