In a production technology, the type of returns to scale (RTS) associated with an efficient decision making unit (DMU) is indicative of the direction of marginal rescaling that the DMU should undertake in order to improve its productivity. In this paper a concept of global returns to scale (GRS)...

Mergers and acquisitions (M&As) have become a more and more important topic in the management and development of companies. Companies usually conduct M&A to preserve or extend their competitive advantages. However, M&As usually fail in real life. For the given bidder company, a critical step to...

This study attempts to characterise performance in terms of a simple indicator (revenue) to a multi-dimensional systems perspective, which includes the development of eco-efficiency and the sustainable development indicator. The influence of Perfluorocompounds (PFCs) on the operating performance...