Showing 1 - 10 of 88
This paper sheds light on the impact sustainable and unsustainable corporate practices have on equity financing. We present a unique framed field experiment in which professional private equity investors competed in closed auctions to acquire fictive firms. We hence observe that corporate...
Persistent link: https://www.econbiz.de/10010899870
This paper focuses on the management control processes associated with Corporate Social Responsibility (CSR) issues … management in organisations. Following a review of the literature related to management control and CSR, we use a case example of … a leading European insurance company to explore the extent and nature of management control for CSR. …
Persistent link: https://www.econbiz.de/10009422040
Many researchers in management use metaphorical representations of organisations. Some even go so far as to assert that … time, metaphors can distort and restrict our understanding. Thus, the cybernetic metaphor in management control …
Persistent link: https://www.econbiz.de/10008789120
an increasing need for more rigorous management whereby managers are given the means to establish new relations, to … resources are required to achieve their objectives. Management control is one means of responding to this necessary … current situation in France and the management practices within French museums. Using a semi-structured interview method, the …
Persistent link: https://www.econbiz.de/10008791497
This paper only aims at stimulating research and debate, starting from two ideas:• historically, cost control systems have undergone major changes by integrating an increasing level of instability;• the same pattern of evolution can be found in other areas.Evolutions seem to have gone...
Persistent link: https://www.econbiz.de/10008792765
In this paper we propose a new tool for backtesting that examines the quality of Value-at- Risk (VaR) forecasts. To date, the most distinguished regression-based backtest, proposed by Engle and Manganelli (2004), relies on a linear model. However, in view of the di- chotomic character of the...
Persistent link: https://www.econbiz.de/10009651571
management strategies or forecasts. …
Persistent link: https://www.econbiz.de/10010750362
competing density forecasts over a specific region of interest, such as the left tail in financial risk management. These …
Persistent link: https://www.econbiz.de/10010898622
La supply chain apparaît plus vulnérable et fragile dans un contexte marqué par une grande pression concurrentielle, une demande volatile, une tendance vers les économies d'échelle et l'externalisation. La gestion de risque représente ainsi un enjeu incontournable et essentiel pour la...
Persistent link: https://www.econbiz.de/10010899033
Risk diversification is the basis of insurance and investment. It is thus crucial to study the effects that could limit it. One of them is the existence of systemic risk that affects all the policies at the same time. We introduce here a probabilistic approach to examine the consequences of its...
Persistent link: https://www.econbiz.de/10010899196