This study empirically investigated the ERM Implementation model and proposed framework to identify and manage risks in Oil and Gas Sector in Malaysia. The study examined the role of ERM framework implementation in improving business performance by utilizing Economic Value Added as a measurement...

Distorted performance measures in compensation contracts elicit suboptimal behavioral responses that may even prove to be dysfunctional (gaming). This paper applies the empirical test developed by Courty and Marschke (2008) to detect whether the widely used class of Residual Income based...

Housing affordability problems are expected to increase for Austrian households because housing costs have been rising dynamically over the last years. Households who moved more recently are expected to be affected the most. Previous research has identified younger households as also being prone...

Appropriation and appropriability in open source software / Linus Dahlander -- Formal institutional contexts as ownership of intellectual property rights and their implications for the organization of commercialization of innovations at universities : comparative data from Sweden and the U.K. /...

This study aims at contributing to the ongoing debates on the bracket creep, whether Germany needs an integration of inflation indexation into its personal income tax system in order to re-duce distortions of tax liabilities and additional tax burdens. On the other hand, Germany has continuously...

The paper is oriented to the area of management and decision making of company owners and managers. The absolute synthetic performance criterion Economic Value Added represents the criterion of the residual income and managerially measured profit. Concrete questions must be solved with the...

Distorted performance measures in compensation contracts elicit suboptimal behavioral responses that may even prove to be dysfunctional (gaming). This paper applies the empirical test developed by Courty and Marschke (2008) to detect whether the widely used class of Residual Income based...

This discussion paper resulted in a publication in the 'Journal of Economics and Management Strategy', forthcoming.<P> Distorted performance measures in compensation contracts elicit suboptimal behavioral responses that may even prove to be dysfunctional (gaming). This paper applies the empirical...</p>

In the article oneself there is developed a practical and applied model binding the lagging (financial) and leading (non-financial) indicators in the assessment of the activity of the enterprise and its future development. The conducted empirical analysis demonstrates a strong dependency and...

This study investigates the importance of economic value added for the shareholders wealth maximization. Economic value added (EVA) is a value based performance measurement tool that inclines the agency conflict issues between managers and shareholders. Using a sample of 28 construction public...

Economic value added (EVA) is an important issue for economic analysts and investors. This article proposes a method for predicting economic value added of the automotive and steel listed companies on the Tehran Stock Exchange (TSE) using neural networks. The data were collected from the audited...

В статье обосновывается возрастание роли стратегического финансового планирования на предприятиях торговли в современных условиях хозяйствования, которые...

After initially depicted the multidimensionality of organizational performance, I use a pooled dataset of 1204 observations across the years 2005, 2006 and 2007. The observations included in the analysis have all non-missing data. An initial selection from a much larger dataset has been...

The lack of satisfaction about using the traditional performance assessment has resulted in presenting several suggestions about new performance assessment criteria. Economic value added is one of the most important items among these criteria. In this research the superiority of economic value...

After initially depicted the multidimensionality of organizational performance, I use a pooled dataset of 1204 observations across the years 2005, 2006 and 2007. The observations included in the analysis have all non-missing data. An initial selection from a much larger dataset has been...

The article justifies increase of the role of strategic financial planning in trading companies under modern economic conditions, which form new challenges for traditional management systems. On the basis of analysis of existing approaches to organisation of strategic financial planning the...

The analysis of profitability indicators is an activity that should preoccupy all companies. Profitability does not mean only obtaining profit. A company is competitive if the ownership equity grows (the shareholders’ money), the company has a profit that is comparable to that of other...

Maximize enterprise value as a fundamental objective of the management of the enterprise acquired new interpretations given the economic climate changes. In this respect firstly shall be identified procedures for creating value for shareholders. Once achieved this aim we will create value for...

Owing to the managerial concept of the company, the fundamental objective of an enterprise’s existence is the shareholder value. The owners of the company require managers to fulfil the objectives of its owners that is to increase shareholder value. This is done through the growth of the value...

This report shows how you can affect the value of the company through the use of appropriate current asset financing strategies.

After initially depicted the multidimensionality of organizational performance, I use a pooled dataset of 1204 observations across the years 2005, 2006 and 2007. The observations included in the analysis have all non-missing data. An initial selection from a much larger dataset has been...

The manner in which resources are allocated, the generation of cash through present resources and the allocation of new liquidities derive from a company's cost-benefit analysis, which is part of management control. The modern financial theory changes the company management objective of...

We argue that the Economic Value Added (EVA) is biased by design and will generally yield distorted assessment of both the operating and overall performance. Fundamentally, the scale of measurement bias depends on the interest tax shield actually obtained in a measurement period and on a book to...

Taking a slightly closer look at the EVA basics prompts that the metric by design is a synthetic mixture of returns from the operating and financing activities, and therefore, yields a biased assessment of both the operating and overall performance. Fundamentally, the scale of the measurement...