This paper examines whether the level of enforcement shapes the complexity in accounting standards. First, in order to identify the level of complexity in accounting standards, we calculated a new measure that conceptualizes accounting complexity based on the theoretical dimensions of...

Today's complex, dynamic, interconnected world presents the field of education ("Education 4.0") with significant challenges in developing competencies for reasoning for complexity. This article analyzes complex thinking as a macro-competency with sub-competencies of critical, systemic,...

The tender process is an inseparable step of the contract award process in the public sector, and from the other point of view, it is one of the crucial elements of the core business of construction contractors. Reviewing previous research reveals a gap in the application of a project's detailed...

A high organizational complexity above the cognitive limits of employees and management can contribute to a business performing sub-standardly in comparison to its competitors. As businesses can grow over time into a state of high complexity, an active approach to complexity management has to be...

Background: Knowledge transfer has been an important aspect in supply chain systems; however, there are many factors that affect the impact of transfer effectiveness. In previous studies, less attention has been given to the process of knowledge transfer and therefore, this paper highlights the...

We present an exponentially convergent semi-implicit meshless algorithm for the solution of Navier-Stokes equations in complex domains. The algorithm discretizes partial derivatives at scattered points using radial basis functions (RBF) as interpolants. Higher-order polynomials are appended to...

This paper analyzes prominence in a homogeneous product market where two firms simultaneously choose both prices and price complexity levels. Market-wide complexity results in consumer confusion. Confused consumers are more likely to buy from the prominent firm. In equilibrium, there is...

The organization of complex projects relies more than that of simpler ones on institutions. Neo-institutional theory, not only the most popular branch of institutional theory, but also of organization theory more generally, has for decades emphasized the role of institutions, internal as well as...

We study how a firm’s bond structure affects the pricing of its bonds and its base of bond investors. We define bond complexity as the tangle of contractual terms of all outstanding bonds of a firm, and find that it increases bond yield spreads. Specifically, a 1-standard deviation higher...

This research adds a comprehensive way of assessing competencies, contrasting with the usual reductionist approach that uses off-the-shelf instruments. The study reveals 27 competencies to manage complex projects based upon a comprehensive analysis of 22 interviews with senior practitioners...

Recommendations for managing complexity in projects acknowledge different levels of complexity, but often neglect the importance of (non-)repetition. This paper uses the Cynefin framework, structuring problems along the levels of simple, complicated, complex, and chaotic, and the learning loop...

This paper explores the impact of digital technologies on the nature and routine intensity of shopfloor work, the ways in which digital technologies exert their effects and the factors moderating the outcomes of digitalisation in respect of work. The effect of technology cannot be limited to a...

Purpose: Rapid worldwide growth in megaprojects has attracted academic interest. In practice, complexity is one of the main causes for the failure of megaprojects. This study proposes a system of project manager leadership to overcome problems of complexity in achieving success with a...

We study two dimensions of complexity that may interfere with individual choice. The first one is object complexity, which corresponds to the difficulty in evaluating any given alternative in a choice set. The second dimension is composition complexity, which increases when suboptimal...

The main function of hierarchies is to coordinate activities within an organisation, but a hierarchical structure also provides work incentives, by offering the prospect of hierarchical mobility. An alternative way for organisations to motivate workers is through job design. In organisations...

We study two dimensions of complexity that may interfere with individual choice. The first one is object complexity, which corresponds to the difficulty of evaluating any given alternative in the choice set. The second dimension is composition complexity, which increases when suboptimal...

Extensive evidence suggests that managers strategically choose the complexity of their descriptive disclosures. However, their motives in doing so appear mixed, as complex disclosures are used to obfuscate in some cases and as a means of informative communication in others. Building on these...

Business organisations are excellent representations of what in physics and mathematics are designated "chaotic" systems. Because a culture of innovation will be vital for organisational survival in the 21st century, the present paper proposes that viewing organisations in terms of "complexity...

Under physiological conditions, hemoglobin (Hb) and myoglobin (Mb) are subject to autoxidation, leading to the formation of ferric heme proteins with weakened globular structures and resulting in the loss of the heme cofactor. To gain further insights into the role of the heme pocket in the...

This paper provides a characterization of the dynamic interactions in the VIX complex, composed of the VIX itself, the term structure of VIX futures, and VIX ETPs. I investigate a model that summarizes the VIX futures term structure using latent factors (level, slope, and curvature) and expand...

We study two dimensions of complexity that may interfere with individual choice. The first one is object complexity, which corresponds to the difficulty in evaluating any given alternative in a choice set. The second dimension is composition complexity, which increases when suboptimal...

Regulating and governing AI will remain a challenge due to the inherent intricacy of how AI is deployed and used in practice. Regulation effectiveness and efficiency is inversely proportional to system complexity and the clarity of objectives: the more complicated an area is and the harder...

Complex agriculture projects directly affect the welfare of over half the world’s population, are a key Sustainable Development Goal (SDG), and account for the single most extensive human activity across 40% of the world’s surface. Furthermore, they are highly susceptible to environmental,...

This chapter reviews recent advances in the NK modeling literature conceptualizing organizational change and innovation as a search over a complex landscape. It discusses both strengths and limitations of this perspective and delineates potential for future research directions. The key argument...

The object of research is the integration processes of strategic and project management at the enterprises of the transport complex. The rapid pace of development of science and technology requires modern effective management tools in any sector of the economy, in particular, in the transport...

This article examines innovation in megaprojects and the way in which project complexity plays a role in innovation. Megaprojects are experiencing increasing levels of innovation as a means to deal with complexity and to improve the delivery of megaprojects. So far the relation between...

This paper studies how changes in the complexity of the firms' production technologies affect wage differences between and within tasks. In a production process where tasks are complementary, the employer may have an incentive to pay higher wages when using more complex technologies because the...

Chapter 1: Introduction -- Chapter 2: The Business Landscape: Unpacking the idea of ‘domain specificity’ -- Chapter 3: The Conventional Wisdom in Strategy -- Chapter 4: Strategic Optionality: Introducing the Idea -- Chapter 5: Optionality and Innovation: Two sides of the Same Coin? --...

"This Research Handbook provides a cutting-edge review of complex project organizing (CPO), and suggests fruitful avenues for future research with a focus on grand challenges and a sustainable future. Split into four sections, this Research Handbook addresses transitions within the field of CPO...