Project risk management has become an important area of interest in project management practice over the past decade. Numerous best practice standards, tools and techniques have been developed focussing on a more effective risk management process. This process consists of four main phases:...

Die Diskussion „Market Pull“ versus „Technology Push“ hat in der betriebswirtschaftlichen Innovationsforschung bereits eine gewisse Tradition. Die hierzu durchgeführten empirischen Untersuchungen sind insbesondere der Frage nachgegangen, welche der beiden Vorgehens-weisen welchen...

This study investigates the sensitivity of stock returns at the industry level to market, exchange rateand interest rate shocks in the four major European economies: France, Germany, Italy and the UK.In addition to exposure to the market, significant levels of exposure to both exchange rate...

This paper compares the pricing and hedging performance of the LMM model against two spot-ratemodels, namely Hull-White and Black-Karasinski, and the more recent Swap Market Model from anAsset-Liability-Management (ALM) perspective. In contrast to previous studies in the literature, ouremphasis...

In this paper, we compare two one-factor short rate models: the Hull White model and the Black-Karasinski model. Despite their inherent shortcomings the short rate models are being used quiteextensively by the practitioners for risk-management purposes. The research, as part of...

Anfang 2005 wurde die Schweizer „Capital Efficiency Group“ von den Lesern der bekanntenPublikation „Structured Finance International“ mit dem Preis “Innovativster Asset Back Dealdes Jahres 2004” ausgezeichnet sowie von „The Banker“ für einen der „Deals of the...

Stakeholder participation in decision making processes promises fairness,effectiveness and efficiency and has become the orthodoxy in a wide variety ofpolicy areas, especially in environmental policy making and governance.Central to stakeholder participation is the identification and engagement...