One of the main characteristics of market economies is market competition where companies have to deliver and achieve the best possible results amid continuous challenges. It is always worth learning from the best performers. The voestalpine Group is a market leader steel producing company and a...

Moral hazard in an organization occurs when people make decisions and take a high risk for their own benefit, given that they would not have to bear all the negative ensuing consequences should they occur. This risk transferred to third parties is generally due to the catalysts that foster this...

One of the most important decisions which boards of directors face is whether to force a member of the top management team to leave the company and replace him (her) with a successor. The decision effects individuals inside and outside the organisation; for example, the share price may fall if...

As companies' environment is becoming increasingly volatile, scanning systems gain in importance. We propose a hybrid process model for such systems' information gathering and interpretation tasks that combines quantitative information derived from regression analyses and qualitative knowledge...

Moral hazard in an organization occurs when people make decisions and take a high risk for their own benefit, given that they would not have to bear all the negative ensuing consequences should they occur. This risk transferred to third parties is generally due to the catalysts that foster this...