The dramatically growing disproportion between the value of corporate assets and market valuation has resulted in a well-researched schism between strategic management and financial theory. Options theory provides a potent tool to resolve this issue. We propose a model which is consistent with...

The paper deals with psychological and sociological characteristics of managerial activities. It analyses influence of culture on employee behavior and performance of managerial activities. The focus is on the influence of organizational culture and its specific consequences on the psychological...