Risk management and corporate governance issues are today significantly influencing public policy debates on enterprise controls. Organisational and management practices including management accounting activities are also being extensively affected. This editorial provides an introduction to the...

This paper applies a geo-additive generalized linear mixed model to describe the spatial variation in the prevalence of cough among children under 5 years of age using the 2000 Demographic and Health survey (DHS) data from Malawi. Of particular interest in the analysis were the small area effect...

We consider two competing financial state space models and investigate whether additional information in the form of option price data is helpful to the estimation of either the unobservable state variable (volatility) or the unknown parameters in the model. The complete discussion of the...

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...

There is much evidence in the literature that the volatilities of equity returns show evidence of asymmetric responses to good and bad news. At the same time, there is evidence that the unconditional distribution of stock returns is asymmetric as well. This paper examines the effects of...

A 'constructively simple' approach to estimating uses a decision support modelling paradigm based on project risk management and operational research concepts. It employs probability models selected from a set of alternative stochastic models of uncertainty with a view to maximising the insight...

Since the implementation of the open-door policy in China, many Hong Kong-based manufacturers' production lines have moved to China to take advantage of the lower production cost, lower wages, and lower rental costs, and thus, the finished products must be transported from China to Hong Kong. It...

Tremendous growth in the credit industry has spurred the need for Credit Scoring and Its Applications, the only book that details the mathematical models that help creditors make intelligent credit risk decisions.Creditors of all types make risk decisions every day, often haphazardly. This book...

Purpose – This research aims to assess the risks and benefits of outsourcing for organisations, sectors and nations. The literature on outsourcing contains little evidence of research on holistic issues of its impact at systems levels beyond the firm, notably sectors and...

This paper examines air container renting and cargo loading problems experienced by freight forwarding companies. Containers have to be booked in advance, in order to obtain discounted rental rates from airlines; renting or returning containers on the day of shipping will incur a heavy penalty....